RENO, Nev. (AP) _ Allied Nevada Gold Corp. (ANV) on Monday reported a loss of $62.4 million in its third quarter.
On a per-share basis, the Reno, Nevada-based company said it had a loss of 60 cents. Losses, adjusted for non-recurring costs, came to 13 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The gold and silver mining company posted revenue of $76.9 million in the period.
In the final minutes of trading on Monday, the company's shares hit $1.39. A year ago, they were trading at $4.10.
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This story was generated by Automated Insights using data from Zacks Investment Research. ANV stock research report from Zacks.
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Keywords:Allied Nevada Gold,Earnings Report