Taseko reports 3Q loss

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Taseko reports 3Q loss

posted on Oct 28, 2016 11:29AM

October 28, 2016

VANCOUVER, British Columbia (AP) _ Taseko Mines Ltd. (TGB) on Thursday reported a loss of $12 million in its third quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 5 cents. Losses, adjusted for non-recurring costs, came to 3 cents per share.

The metals mining company posted revenue of $42.9 million in the period.

The company's shares closed at 44 cents. A year ago, they were trading at 48 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 TGB at https://www.zacks.com/ap/TGB