This article exists as part of the online archive for HuffPost Canada, which closed in 2021.

First Quantum Minerals posts loss of $217 million in first quarter

VANCOUVER, British Columbia (AP) _ First Quantum Minerals Ltd. (FQVLF) on Thursday reported a loss of $217 million in its first quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 32 cents. Earnings, adjusted for non-recurring costs, came to 7 cents per share.

The metal and minerals mining company posted revenue of $720 million in the period.

First Quantum Minerals shares have climbed 93 per cent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $7.27, a decrease of 53 per cent in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FQVLF at http://www.zacks.com/ap/FQVLF

_____

Keywords: First Quantum Minerals, Earnings Report

The Associated Press

Suggest a correction
This article exists as part of the online archive for HuffPost Canada. Certain site features have been disabled. If you have questions or concerns, please check our FAQ or contact support@huffpost.com.