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Lake Shore Gold Corporation
TORONTO LSG.TO 2,07 CA$ 84,38%
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Lake Shore Gold reports 4Q loss

Publié le 24 février 2016

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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