Mississippi Minerals marks $2,153 July net income, $24,880 in sales

By Caroline Salls

Pittsburgh, Aug. 19 – Mississippi Minerals, Inc. reported $2,153 of net income for July on $24,880 in sales, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Western District of Arkansas.

In comparison, Mississippi Minerals had a $2,814 net loss for June on $20,000 in sales.

The company had $361 in cash as of July 31, the same as at the end of June.

Hartford, Ark.-based Mississippi Minerals is producer of metallurgical grade coal. The company filed bankruptcy on Nov. 15, 2017 under Chapter 11 case number 17-72861.

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