Tuesday, Northgate Minerals Corp. (NXG) said its third-quarter net loss narrowed to US$8.6 million or US$0.03 per share from US$29.4 million or US$0.12 per share in the prior year period.
Adjusted net earnings for the quarter were US$7.7 million or US$0.03 per share compared with a net loss of US$28.4 million or US$0.11 per share in the same period last year. On average, 6 analysts polled by Thomson Reuters expected the company to report earnings of $0.04 per share for the quarter.
Revenue for the quarter increased to US$120.16 million from US$99.26 million in the comparable period.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.