09:55 AM EST - European Goldfields Ltd. : reported a second-quarter loss of $18.27 million U.S. compared with a profit of $1.44 million U.S. a year ago. Loss before income tax for the period was $20.55 million U.S. versus a profit of $2.65 million U.S. in the previous year. Loss per share for the latest quarter was $0.10 U.S., as against a profit of $0.01 U.S. last year. Sales for the quarter ended June 30 decreased to $11.97 million U.S. from $16.20 million U.S. in the comparable period. European Goldfields Ltd.
shares T.EGU are trading down $0.29 at $8.78.
