General Moly, Inc.

09:58 AM EST - General Moly, Inc. : Announced its financial results for the third quarter ended September 30, 2019. Consolidated net loss was $3.0 million ($0.02 per share), the same as the consolidated net loss for 3Q 2018. For the three months ended September 30, 2019 and 2018, consolidated uses of cash included general and administrative expenses ("G&A") of $1.0 million and $2.5 million, respectively, reflecting the Company's cash conservation efforts. In conjunction with non-core asset sales, the Company took write-downs of $1.6 million during the quarter. General Moly, Inc. shares T.GMO are trading unchanged at $0.38.