NEWS
05/06/2016 12:30 EDT | Updated 05/07/2017 01:12 EDT

Alderon Iron Ore posts 1st-quarter loss of $853,000

VANCOUVER, British Columbia (AP) _ Alderon Iron Ore Corp. (AXXDF) on Friday reported a loss of $853,000 in its first quarter.

The Vancouver, British Columbia-based company said it had a loss of 1 cent per share.

In the final minutes of trading on Friday, the company's shares hit 10 cents. A year ago, they were trading at 23 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 AXXDF at http://www.zacks.com/ap/AXXDF

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Keywords: Alderon Iron Ore, Earnings Report