| Allied Nevada Gold misses 3Q profit forecasts | |
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RENO, Nev. (AP) _ Allied Nevada Gold Corp. (ANV) on Monday reported a loss of $62.4 million in its third quarter.
On a per-share basis, the Reno, Nevada-based company said it had a loss of 60 cents. Losses, adjusted for non-recurring costs, came to 13 cents per share.
The results did not meet Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The gold and silver mining company posted revenue of $76.9 million in the period.
In the final minutes of trading on Monday, the company's shares hit $1.39. A year ago, they were trading at $4.10.
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This story was generated by Automated Insights using data from Zacks Investment Research. ANV stock research report from Zacks.
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Keywords:Allied Nevada Gold,Earnings Report
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Allied Nevada Gold Corp.
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CODE : ANV |
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Allied Nevada is a gold producing company based in United states of america. Allied Nevada produces gold, silver in USA, develops gold and silver in USA. Its main asset in production is HYCROFT (CROFOOT-LEWIS) MINE in USA, its main assets in development are HYCROFT, HASBROUCK - THREE HILLS and MOUNTAIN VIEW in USA and its main exploration properties are CONTACT (NEVADA), BATTLE MOUNTAIN PROPERTY, PONY CREEK/ELLIOT DOME, EDEN, COBB CREEK, WILDCAT and MAVERICK SPRINGS in USA. Allied Nevada is listed in Canada and in United States of America. Its market capitalisation is US$ 13.9 millions as of today (€ 13.0 millions). Its stock quote reached its lowest recent point on March 10, 2015 at US$ 0.11, and its highest recent level on June 01, 2015 at US$ 9 900.00. Allied Nevada has 126 190 000 shares outstanding. |