NEW YORK, Jan. 9, 2013 (GLOBE NEWSWIRE) -- SMG Indium Resources LTD. ("The Company") (OTCBB:SMGI) (OTCBB:SMGIU) (OTCBB:SMGIW) reported its net market value ("NMV") 1 , at December 31, 2012 was approximately $28.8 million or $3.26 per share 2 . As of December 31, 2012, the Company's inventory of indium consisted as follows:
|Quantity (Kilograms)||Original Cost 3 ($US '000s)||Market Value 4 ($US '000s)|
|Indium held in inventory||47,017||$28,636||$22,803|
|(99.99% purity ingots)|
|Average Cost||Market Value|
|Indium held in inventory||$609.05 / Kilogram||$485.00 / Kilogram|
In addition, the Company reported the following activity related to stock repurchases and indium purchases for the month of December 2012:
|Quantity||Average Price||Cost ($US '000s)|
|Monthly stock repurchases||23,584 common shares||$2.22/share||$52|
|Monthly indium purchase||500 kilograms||$450/kilogram||$225|
As of December 31, 2012, there were 8,808,717 Common Shares outstanding and the share price closed at $2.40.
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