Cardero posts 1st-quarter loss of $219,000

VANCOUVER – VANCOUVER, British Columbia (AP) _ Cardero Resource Corp. (CDYCF) on Tuesday reported a loss of $219,000 in its fiscal first quarter.

The Vancouver, British Columbia-based company said it had a loss of 1 cent per share.

In the final minutes of trading on Tuesday, the company’s shares hit 6 cents. A year ago, they were trading at 24 cents.

_____

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

_____

Keywords: Cardero, Earnings Report

News from © The Associated Press, . All rights reserved.
This material may not be published, broadcast, rewritten or redistributed.

Join the Conversation!

Want to share your thoughts, add context, or connect with others in your community?

The Associated Press

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day.