April 23, 2024

Luna Gold narrows loss in fourth quarter

VANCOUVER - Luna Gold Corp. (TSXV:LGC) reported Friday a narrowed net loss in the fourth-quarter ended Dec. 31, 2011, compared to the same period a year earlier.The Vancouver-based junior gold miner with operations in Brazil posted a net loss of US$ 109,100, compared to a net loss of $ 4.9 million the year before.The loss per share amounted to … [Read more...]

Ridgeline swung to a loss in third-quarter

VANCOUVER - Ridgeline Energy Services Inc. (TSXV:RLE) posted Friday a net loss of $ 500,000, or nil per share for the third-quarter of 2012, compared to net income of $ 200,000, or one cent per share for the prior-year period.The Vancouver-based energy and environmental services company posted a gain in revenue of $ 2.4 million, or 80 per cent … [Read more...]

Westport net loss widens during third quarter

VANCOUVER - Green transportation technology company Westport Innovations Inc. (TSX:WPT) reports net loss for the three months ended Dec. 31 of $ 14.5 million, or 30 cents per share, compared to a net loss of $ 13.5 million, or 31 cents per share, a year earlier. … [Read more...]

NovaGold widens fourth-quarter loss

VANCOUVER - Gold miner NovaGold Resources Inc. (TSX:NG) says both its fourth-quarter and full year 2011 losses widened.The Vancouver-based company said Wednesday it lost $ 38 million, or 16 cent per share, during the fourth quarter of 2011, widening a loss of $ 21.5 million, or 12 cents per share, during the year-earlier period.The loss included … [Read more...]

West Fraser reports loss from continuing ops

VANCOUVER - West Fraser Timber Co. Ltd. (TSX:WFT) reported a $ 10.6-million loss from operations in its latest quarter reversing a profit a year ago as the lumber producer's sales dropped nearly 10 per cent.The Vancouver-based forestry company said late Thursday its operating loss amounted to 25 cents per share for the three months ended Dec. … [Read more...]

Foran Mining posts $1.8M loss in fiscal 2011

VANCOUVER - Foran Mining Corporation (TSXV:FOM) says an increase in balance sheet charges for compensation was the main factor behind a significant increase in its net loss in fiscal 2011.The Vancouver-based exploration miner said its net loss in the year ended Sept. 30 was $ 1.8 million or four cents per share.That was up from a net loss of $ … [Read more...]

Rob Ford starts weight loss at 330 lbs

TORONTO - Toronto Mayor Rob Ford may not have much competition in his battle of the bulge despite his efforts to stir up an international rivalry. Ford tipped the scales at 330 pounds Monday morning as he called on his fellow mayors across North America to join him in a six-month weight loss campaign. "I know that the city of Toronto will lose … [Read more...]

Rockwell Diamonds posts $10.7M Q3 loss

VANCOUVER - Rockwell Diamonds Inc. (TSX:RDI) cited a big currency exchange loss as a major factor in the reversal of year-over-year third-quarter results as the company posted a comprehensive loss of $ 10.7 million.The loss by Rockwell, which is focused on operations in South Africa but is listed on the Toronto Stock Exchange, amounted to 22 cents … [Read more...]

Radiant Communications posts Q3 loss

VANCOUVER - Radiant Communications Corp. (TSXV:RCN) reported Thursday a third-quarter net loss of $ 383,576 as the business computing services firm booked costs associated with a restructuring begun during the period.The Vancouver-based company said its loss amounted to three cents per share and compared to net income of $ 45,005 or nil per share … [Read more...]

Absolute Software falls to loss in fiscal Q1

VANCOUVER - Absolute Software Corp. (TSX:ABT) says it fell to a net loss of $ 1.9 million in its fiscal 2012 first quarter due to foreign exchange costs.The loss, equivalent to four cents a share, was down from a profit of $ 100,000, or less than a penny per share, in the comparable quarter of fiscal 2011.Absolute said Thursday that the decline … [Read more...]