VANCOUVER, British Columbia (AP) 鈥� VANCOUVER, British Columbia (AP) 鈥� First Quantum Minerals Ltd. (FQVLF) on Tuesday reported a loss of $196 million in its first quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 24 cents. Losses, adjusted for non-recurring costs, were 18 cents per share.
The results missed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 4 cents per share.
The metal and minerals mining company posted revenue of $1.4 billion in the period.
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