TORONTO (AP) — TORONTO (AP) — First Quantum Minerals Ltd. (FQVLF) on Wednesday reported a loss of $23 million in its first quarter.
The Toronto-based company said it had a loss of 3 cents per share. Earnings, adjusted for non-recurring costs, were less than 1 cent on a per-share basis.
The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The metal and minerals mining company posted revenue of $1.19 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $1.06 billion.
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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 FQVLF at https://www.zacks.com/ap/FQVLF
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