Iamgold widens Q3 loss on lower sales

Canadian gold producer Iamgold widened its net loss from continuing operations attributable to equity holders to $85-million, or $0.22 a share, in the third quarter, as lower sales volumes and prices resulted in lower revenues. Excluding special items, the adjusted net loss, including discontinued operations, for the period was $46.9-million, or $0.12 a share, down from adjusted earnings of $200 000 for the comparable period a year earlier. Analysts had expected an adjusted loss of $0.09 a share.