VANCOUVER, British Columbia (AP) _ Cardero Resource Corp. (CDYCF) on Wednesday reported fiscal fourth-quarter net income of $94,000, after reporting a loss in the same period a year earlier.
The Vancouver, British Columbia-based company said it had profit of less than 1 cent on a per-share basis.
For the year, the company reported a loss of $2 million, or 2 cents per share, swinging to a loss in the period.
In the final minutes of trading on Wednesday, the company's shares hit 2 cents. A year ago, they were trading at 4 cents.