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Precious Metals Inc.

10:05 AM EST - Precious Metals Inc. : reported fourth-quarter net earnings of $3.7 million or $0.04 per share, compared to a net loss of $80.0 million or $1.03 in the prior-year quarter. Net revenue for the quarter surged to $44.5 million from $15.9 million in the year-ago quarter. For 2009, the company had net earnings of $5.0 million or 0.05 per share, compared to a net loss of $79.2 million or $1.20 per share last year. Net revenue for the year grew to $154.5 million from $105.0 million a year earlier. Dundee Precious Metals Inc. shares T.DPM are trading even at $3.54.