VANCOUVER, British Columbia (AP) _ Platinum Group Metals Ltd. (PLG) on Wednesday reported a loss of $303.8 million in its fiscal fourth quarter.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of $2.05. Earnings, adjusted for asset impairment costs, came to 40 cents per share.
For the year, the company reported that its loss widened to $542.4 million, or $4.30 per share.
In the final minutes of trading on Wednesday, the company's shares hit 34 cents. A year ago, they were trading at $1.70.