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Minefinders

09:51 AM EST - Minefinders : reported third-quarter net loss of US$6.76 million or US$0.14 per share, compared to net loss of US$8.18 million or US$0.17 per share last year. The company noted that the narrower loss was primarily due to no stock-based compensation expense, compared with US$4.2 million of stock-based compensation expensed in the same quarter a year ago. During the quarter, the company spent US$19.502 million, compared to US$22.033 million last year. Minefinders shares T.MFL are trading off 23 cents at $4.69.