| Lake Shore Gold reports 4Q loss | |
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TORONTO (AP) _ Lake Shore Gold Corp. (LSG) on Wednesday reported a loss of $3.3 million in its fourth quarter.
The Toronto-based company said it had a loss of 1 cent per share. Losses, adjusted for one-time items, came to 1 cent per share.
The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for a loss of 1 cent per share.
The gold mining company posted revenue of $46.3 million in the period.
For the year, the company reported profit of $6.8 million, or 2 cents per share. Revenue was reported as $212.6 million.
The company's shares closed at $1.34. A year ago, they were trading at 88 cents.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LSG at http://www.zacks.com/ap/LSG
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Keywords: Lake Shore Gold, Earnings Report
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Lake Shore Gold Corporation
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PRODUCER |
CODE : LSG.TO |
ISIN : CA5107281084 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Lake Shore Gold is a gold producing company based in Canada. Lake Shore Gold holds various exploration projects in Canada. Its main asset in production is TIMMINS MINE in Canada and its main exploration properties are BELL CREEK, BLAKELOOK, THORNE, THUNDER CREEK, WEST TIMMINS and BAND ORE in Canada and LA BUFA, UNIVERSO, MONTAÑA DE ORO and LLUVIA DE ORO in Mexico. Lake Shore Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 956.5 millions as of today (US$ 734.7 millions, € 646.6 millions). Its stock quote reached its lowest recent point on February 01, 2002 at CA$ 0.02, and its highest recent level on March 11, 2011 at CA$ 4.42. Lake Shore Gold has 463 220 000 shares outstanding. |