Alderon Iron Ore posts 1st-quarter loss of $853,000

VANCOUVER – VANCOUVER, British Columbia (AP) _ Alderon Iron Ore Corp. (AXXDF) on Friday reported a loss of $853,000 in its 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 Friday, the company’s shares hit 10 cents. A year ago, they were trading at 23 cents.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on AXXDF at


Keywords: Alderon Iron Ore, Earnings Report