LONDON (AP) _ Globe Specialty Metals Inc. (GSM) on Monday reported a loss of $12.1 million in its second quarter.
The London-based company said it had a loss of 7 cents per share.
The producer of silicon metal and silicon-based alloys posted revenue of $250 million in the period.
In the final minutes of trading on Monday, the company's shares hit 49 cents. A year ago, they were trading at $1.32.