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Liberty Mines Inc.

04:06 PM EST - Liberty Mines Inc. : on Wednesday revealed first-quarter financial results, reporting a wider loss due to higher costs and expenses. The Canadian company's loss for the first quarter widened to $0.86 million from $0.66 million in the prior year. However, on a per share basis, loss remained flat with the prior year at $0.01. Liberty Mines generated revenues of $7.92 million for the quarter, with a gross profit of $1.16 million. Liberty Mines Inc. shares T.LBE are trading off 7 cents at $0.76.