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First Quantum Minerals: 3Q Earnings Snapshot

·1 min read

VANCOUVER, British Columbia (AP) _ First Quantum Minerals Ltd. (FQVLF) on Wednesday reported third-quarter net income of $29 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Vancouver, British Columbia-based company said it had profit of 4 cents. Earnings, adjusted for non-recurring costs, came to 9 cents per share.

The metal and minerals mining company posted revenue of $1.4 billion in the period.

First Quantum Minerals shares have increased nearly 4% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.51, an increase of 23% in the last 12 months.

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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 FQVLF at https://www.zacks.com/ap/FQVLF