General Moly (GMO) Reports Q1 Loss of $0.02/Share

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General Moly Reports First Quarter 2017 Results

May 1, 2017 5:00 AM EDT

LAKEWOOD, Colo., May 1, 2017 /PRNewswire/ -- General Moly, Inc. (the "Company" or "General Moly") (NYSE MKT and TSX: GMO) announced its financial results for the first quarter ended March 31, 2017.  The Company ended the quarter with a cash balance of approximately $7.1 million as compared to $8.5 million at year-end 2016.  The Company is well positioned with financial liquidity to fund its current business activities and working capital needs into the second quarter of 2018.

First quarter... More