TORONTO (AP) _ Kinross Gold Corp. (KGC) on Wednesday reported a third-quarter loss of $104.4 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Toronto-based company said it had a loss of 8 cents. Losses, adjusted for non-recurring costs, came to 4 cents per share.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.
The gold mining company posted revenue of $753.9 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $2.67. A year ago, they were trading at $4.11.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KGC at https://www.zacks.com/ap/KGC