VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — First Quantum Minerals Ltd. (FQVLF) on Wednesday reported second-quarter profit of $18 million.
The Vancouver, British Columbia-based company said it had profit of 2 cents per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The metal and minerals mining company posted revenue of $1.23 billion in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $1.1 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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