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Iamgold: 1Q Earnings Snapshot

TORONTO (AP) _ Iamgold Corp. (IAG) on Monday reported a first-quarter loss of $41.3 million, after reporting a profit in the same period a year earlier.

The Toronto-based company said it had a loss of 9 cents per share. Earnings, adjusted for non-recurring costs, came to less than 1 cent on a per-share basis.

The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The gold and niobium mining company posted revenue of $251 million in the period.

In the final minutes of trading on Monday, the company's shares hit $2.91. A year ago, they were trading at $5.64.


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