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UPDATE: AuRico Gold Q4 EPS In Line But Revenues Miss; Declares $0.04 Per Share Dividend; Shares Drop Down 8%, Adding to Earlier 5% Loss
By: MT Newswires
AuRico Gold Inc. ( AUQ ) shares are down 8% now, adding to 5% loss at $6.30 as the company reports Q4 adjusted net earnings of $13.7 million, or $0.05 per share, in line with consensus estimates. Revenues totaled $63.1 million versus consensus estimate of $71.7 million. In the prior-year period, the company reported an adjusted net loss of $7.4 million, or $0.03 per share, on revenues of $29.7 million.
The company also declared its initial quarterly dividend payment of $0.04 per share for the first quarter ended March 31, 2013, payable on April 18, 2013 to shareholders of record at the close of business on April 4, 2013.