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UPDATE: AuRico Gold Q4 EPS In Line But Revenues Miss; Declares $0.04 Per Share Dividend; Shares Now Down 8%

AuRico Gold Inc. (AUQ.TO) reported fourth quarter 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.

AUQ is now down by 8% at $6.25, with 52-week low $5.20.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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