NA Tungsten’s net loss widens on softer sales

Jan 15, 2014 | 01:37 PM | Daniel Fitzgerald

Tags  North American Tungsten, fiscal 2013 earnings, ammonium paratungstate, tungsten prices, Cantung Mine, Daniel Fitzgerald

NEW YORK — North American Tungsten Corp. Ltd.’s net loss widened by 34.6 percent in its fiscal year ended Sept. 30, due in part to a decline in realized sales prices.

The Vancouver, British Columbia-based company posted a net loss of Canadian $13.3 million ($12.2 million) vs. a net loss of C$9.9 million the previous year as revenue dropped 25.8 percent to C$79.8 million ($73.2 million) from C$107.5 million.....

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