| Lake Shore Gold posts 4Q loss | |
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TORONTO (AP) _ Lake Shore Gold Corp. (LSG) on Thursday reported a loss of $1.2 million in its fourth quarter.
The Toronto-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, came to 1 cent per share.
The gold miner posted revenue of $44.8 million in the period.
For the year, the company reported net income of $18.9 million, or 5 cents per share, swinging to a profit in the period. Revenue was reported as $204.8 million.
The company's shares closed at 87 cents. A year ago, they were trading at 67 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSG at http://www.zacks.com/ap/LSG
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Keywords: Lake Shore Gold, Earnings Report
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VanEck Vectors Global Alternative Energy ETF
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PRODUCER |
CODE : LSG.TO |
ISIN : CA5107281084 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Lake Shore Gold is a gold producing company based in Canada. Lake Shore Gold holds various exploration projects in Canada. Its main asset in production is TIMMINS MINE in Canada and its main exploration properties are BELL CREEK, BLAKELOOK, THORNE, THUNDER CREEK, WEST TIMMINS and BAND ORE in Canada and LA BUFA, UNIVERSO, MONTAÑA DE ORO and LLUVIA DE ORO in Mexico. Lake Shore Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is 98.0 millions as of today (US$ 75.2 millions, € 66.2 millions). Its stock quote reached its lowest recent point on February 01, 2002 at 0.02, and its highest recent level on March 11, 2011 at 4.42. Lake Shore Gold has 47 442 200 shares outstanding. |