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Quadra Mining Ltd.

10:02 AM EST - Quadra Mining Ltd. : reported that its first-quarter net income increased to $55.65 million U.S. from $26.65 million U.S. last year. Earnings per share were $0.55 U.S. compared to $0.40 U.S. a year ago. Adjusted earnings were $55.67 million U.S. compared to $33.79 million U.S. last year. Adjusted basic earnings per share increased to $0.56 U.S. from $0.51 U.S. a year ago. Revenues increased to $192.91 million U.S. from $106.32 million U.S. last year. Quadra Mining Ltd. shares T.QUA are trading up $0.08 at $14.03.