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Trevali releases First Quarter 2022 Results; Achieves Adjusted EBITDA of $41.4 million, an Increase of 64% Over the Prior Quarter

Newswire.ca - Mon May 16, 2022

VANCOUVER, BC, May 16, 2022 /CNW/ - Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV) (BVL: TV) (OTCQX: TREVF) (Frankfurt: 4TI) today released financial and operating results for the three months ended March 31, 2022. The Company reported first quarter production of 62.3 million pounds of zinc at an all-in sustaining cost1 ("AISC") of $1.06 per pound. First quarter revenues of $93.1 million were supported by the average LME zinc price of $1.70 per pound over the quarter, and contributed to Adjusted EBITDA1 of $41.4 million, an increase of 64% over the prior quarter. First-quarter adjusted earnings per share was $0.07. All financial figures are in U.S. dollars.

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