VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Africa Oil Corp. (AOIFF) on Wednesday reported a third-quarter loss of $289.2 million, after reporting a profit in the same period a year earlier.
The Vancouver, British Columbia-based company said it had a loss of 65 cents per share. Earnings, adjusted for asset impairment costs, came to 4 cents per share.
In the final minutes of trading on Wednesday, the company’s shares hit $1.28. A year ago, they were trading at $1.90.
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