| Thompson Creek reports 3Q loss | |
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LITTLETON, Colo. (AP) _ Thompson Creek Metals Co. (TC) on Monday reported a loss of $60.9 million in its third quarter.
On a per-share basis, the Littleton, Colorado-based company said it had a loss of 28 cents. Losses, adjusted for one-time gains and costs, were 2 cents per share.
The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The gold, copper and molybdenum mining company posted revenue of $141.7 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $127.1 million.
The company's shares closed at 46 cents. A year ago, they were trading at $2.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TC at http://www.zacks.com/ap/TC
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Keywords: Thompson Creek Metals, Earnings Report
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Thompson Creek Metals Co Inc.
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PRODUCER |
CODE : TCM.TO |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Thompson Creek is a gold and copper producing company based in Canada. Thompson Creek produces gold, copper, molybdenum in Canada, develops copper, gold and molybdenum in Canada, and holds various exploration projects in Canada. Its main assets in production are ENDAKO and THOMPSON CREEK MINE in Canada, its main assets in development are DAVIDSON (YORKE-HARDY) and MOUNT MILLIGAN in Canada and its main exploration properties are MAZE LAKE, BERG and HOWARDS PASS in Canada. Thompson Creek is listed in Canada and in Germany. Its market capitalisation is CA$ 149.3 millions as of today (US$ 111.4 millions, € 102.3 millions). Its stock quote reached its highest recent level on July 15, 2011 at CA$ 9.88, and its lowest recent point on January 22, 2016 at CA$ 0.16. Thompson Creek has 222 780 000 shares outstanding. |