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European Goldfields Limited

11:57 AM EST - European Goldfields Limited : reported fourth-quarter net earnings of $6.34 million U.S. or $0.04 U.S. per share, compared to $3.60 million U.S. or $0.02 U.S. per share in the same quarter of last year. Loss before income tax for the quarter was $11.25 million U.S., compared to profit of $1.57 million U.S. in the year-ago quarter. Sales for the quarter declined to $12.77 million U.S. from $22.72 million U.S. in the prior-year quarter. European Goldfields Limited shares T.EGU are trading up $0.05 at $3.07.