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Etruscan Resources Inc.

03:43 PM EST - Etruscan Resources Inc. : reported third-quarter net income of $1.4 million or $0.01 per share compared with $2.1 million or $0.02 per share in the same quarter last year. The third quarter net income includes a gain on the financial derivative instrument of $4.6 million, whereas last year's third quarter net income included a gain of $9 million on the financial derivative instrument, the company said. Gold revenues for the quarter were $17.7 million or $943 U.S. per ounce of gold sold, compared with gold revenues of $7.3 million or $870 U.S. per ounce of gold sold in the previous year period. Etruscan Resources Inc. shares T.EET are trading even at $0.56.