Mississippi Minerals marks $1,836 of September net income; sales fall

By Caroline Salls

Pittsburgh, Nov. 6 – Mississippi Minerals, Inc. reported $1,836 of net income for September on $28,500 in sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Western District of Arkansas.

Those figures compared to a $1,442 net loss posted for August on $49,000 in sales.

The company had $361 in cash as of Sept. 30, the same as at the end of August.

Hartford, Ark.-based Mississippi Minerals is producer of metallurgical grade coal. The company filed bankruptcy on Nov. 15, 2017 under Chapter 11 case number 17-72861.

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