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Alderon reports 4Q loss

VANCOUVER, British Columbia (AP) _ Alderon Iron Ore Corp. (AXXDF) on Wednesday reported a loss of $777,000 in its fourth quarter.

On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 1 cent.

For the year, the company reported that its loss narrowed to $2 million, or 2 cents per share.

In the final minutes of trading on Wednesday, the company's shares hit 31 cents. A year ago, they were trading at 12 cents.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXXDF at https://www.zacks.com/ap/AXXDF


Keywords: Alderon Iron Ore, Earnings Report