12:06 PM EST - Northgate Minerals Corp. : said its fourth-quarter net loss was $67.8 million U.S. or $0.23 U.S. per share, as against a profit of $18.6 million U.S. or $0.07 U.S. per share in the prior-year period. Adjusted net earnings for the quarter were $27.9 million U.S. compared with a net loss of $660,000 U.S. in the year-ago period. Adjusted earnings per share for the quarter were $0.10 U.S. per share versus a breakeven per share in the previous year period. On average, six analysts polled by Thomson Reuters expected the company to report earnings of $0.03 per share for the quarter. Consolidated revenue for the quarter declined to $110.7 million U.S. from $136.7 million U.S. in the comparable period. Northgate Minerals Corp.
shares T.NGX are trading down $0.06 at $3.05.
