| Corsa Coal reports 4Q loss | |
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Toronto (AP) _ Corsa Coal Corp. (V.CSO) on Friday reported a loss of $24.4 million (28.3 million CAD) in its fourth quarter.
On a per-share basis, the Toronto-based company said it had a loss of 4 cents.
The maker of coal used in steel production posted revenue of $53.1 million (61.7 million CAD) in the period.
For the year, the company reported profit of $56.4 million, or 7 cents per share. Revenue was reported as $145.6 million.
The company's shares closed at 12 cents. A year ago, they were trading at 11 cents (13 cents).
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on V.CSO at http://www.zacks.com/ap/V.CSO
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Keywords: Corsa Coal, Earnings Report
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Corsa Capital Limited
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CODE : CSO.V |
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ISIN : CA22041E1043 |
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Corsa Capital Ltd. is a gold exploration company based in Canada. Corsa Capital Ltd. holds various exploration projects in Canada. Its main exploration property is SY GOLD PROJECT in Canada. Corsa Capital Ltd. is listed in Canada. Its market capitalisation is CA$ 33.6 millions as of today (US$ 24.5 millions, € 22.9 millions). Its stock quote reached its lowest recent point on February 26, 2016 at CA$ 0.02, and its highest recent level on December 16, 2016 at CA$ 3.82. Corsa Capital Ltd. has 94 590 000 shares outstanding. |