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Quadra Mining Ltd.

03:45 PM EST - Quadra Mining Ltd. : reported that its fourth-quarter net earnings were $46.5 million U.S. or $0.46 U.S. per share, compared to a loss of $126.1 million U.S. or $1.94 U.S. per share for the fourth quarter in 2008. Adjusted earnings for the quarter were $50.86 million U.S. or $0.51 U.S. per basic share, compared to a loss of $154.8 million U.S. or $2.38 U.S. per basic share in the year-ago quarter. Revenues for the latest quarter were $170.49 million U.S., compared to negative revenues of $7.06 million U.S. in the year-ago quarter. Quadra Mining Ltd. shares T.QUA are trading up $1.12 at $16.65.