Stocks in Play

Zaruma Resources Inc.

03:50 PM EST - Zaruma Resources Inc. : reported a fourth-quarter net loss of $2.567 million U.S. or $0.02 per share compared to a loss of $376,000 U.S. or breakeven per share a year ago. As the company is not in production, there is no reported revenue. The company reported a fiscal 2008 net loss, including the $1.8 million U.S. Venezuelan writeoff, of $4.3 million U.S. or $0.04 U.S. per share compared to a loss of $1.3 million U.S. or $0.01 U.S. per share prior year. Zaruma Resources Inc. shares T.ZMR are trading even at $0.04.