VANCOUVER - Coast Wholesale Appliances (TSX:CWA) reports fourth-quarter net loss of $ 28.9 million on goodwill charge. Local news from metronews.ca/vancouver … [Read more...]
Aurizon Mines posts record Q4 results
March 15, 2012 by
VANCOUVER - Aurizon Mines Ltd. (TSX:ARZ) set company records for revenue and profit in the fourth quarter as the Vancouver-based company received higher prices for its gold and its sales volumes increased.Net income was $ 21.8 million or 13 cents per share in the three months ended Dec. 31, up from $ 7 million or four cents per share a year … [Read more...]
Fortress Paper posts $9.2-million loss in Q4
March 6, 2012 by
VANCOUVER - Fortress Paper Ltd. (TSX:FTP) had a $ 9.2-million net loss in the fourth quarter, with $ 49.5 million in sales as the company repositioned some of its business operations.During the quarter, Fortress re-defined the focus of its Pulp segment to focus on dissolving pulp — a high purity, higher-margin product used to make products such … [Read more...]
Foran Mining posts $1.8M loss in fiscal 2011
January 31, 2012 by
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...]
Rockwell Diamonds posts $10.7M Q3 loss
January 12, 2012 by
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
November 24, 2011 by
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...]
Timmins Gold posts fiscal Q2 profit of $3.6M
November 9, 2011 by
VANCOUVER - Higher production and realized prices helped Timmins Gold Corp. (TSX:TMM) swing to a profit in its fiscal 2012 second quarter as revenues rose 44 per cent.The Vancouver-based gold producer said net earnings for the three months ended Sept. 30 were US$ 3.6 million or three cents per share. That compared with a loss of $ 803,714 or a … [Read more...]
First Quantum posts US$120-million profit
November 8, 2011 by
VANCOUVER - Copper and gold producer First Quantum Minerals Ltd. (TSX:FM) had a US$ 120-million profit in the third quarter, as revenue increased 12 per cent from the year-earlier period.The profit, including US$ 90.9 million to common shareholders and US$ 29.6 million to non-controlling interests, amounted to 20 cents per share or 30 cents per … [Read more...]
Timmins Gold posts Q1 net profit of $5.7M
September 14, 2011 by
VANCOUVER - Timmins Gold (TSX:TMM) said Wednesday that revenues increased 95 per cent to $ 27 million in the first quarter as the gold producer increased net profit to $ 5.7 million.That compared with a net loss of $ 1 million in the same period last year on revenues of $ 13.8 million.Earnings per share diluted were four cents compared with a … [Read more...]
Coastal Contacts posts third-quarter loss
September 12, 2011 by
VANCOUVER - Coastal Contacts Inc. (TSX:COA) slipped into the red in the third quarter despite sizable revenue growth in its key divisions, the online eyewear retailer said Monday.The Vancouver-based company reported a net loss of $ 1.6 million or three cents a share, reversing year-earlier profits of $ 500,000 or a penny per share.On a per share … [Read more...]
