News

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.

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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

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Keywords: Cardero, Earnings Report