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Great Basin Gold Q3 Loss Widens

Great Basin Gold Ltd. (GBG, GBG.TO) posted third-quarter net loss of $89,606, wider than $33,987 in the year-ago period. Adjusted loss per share for the quarter widened to $0.04 from $0.03 per share in the comparable quarter last year.

On average, two analysts polled by Thomson Reuters expected the company to report a loss of $0.02 per share. Analysts' estimates typically exclude special items.

Revenue for the quarter was $38,436, down from $46,673 in the prior year quarter.

by RTTNews Staff Writer

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