TORONTO (AP) _ Banro Corp. (BAA) on Monday reported a fourth-quarter loss of $ 19.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Toronto-based company said it had a loss of 8 cents. Losses, adjusted for asset impairment costs, came to 3 cents per share.
The Canadian gold mining company posted revenue of $ 34.6 million in the period.
For the year, the company reported a loss of $ 73.5 million, or 29 cents per share, swinging to a loss in the period. Revenue was reported as $ 156.7 million.
The company’s shares closed at 28 cents. A year ago, they were trading at 22 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 BAA at http://www.zacks.com/ap/BAA
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Keywords: Banro, Earnings Report
