Athabasca reports Q3 net loss

By Kasia Patel
Published: Monday, 21 November 2016

Canadian aggregates producer Athabasca was hit by wildfire issues and subdued oil and gas activity in the second quarter of this year. While the company has reported a Q3 loss, it noted significant increase in demand sequentially.

North American silica sand and aggregates producer Athabasca Minerals Inc. has reported a net loss of Canadian dollar (C$) 411,859 ($306,479) for the third quarter of 2016 compared with net income of $1.6m for the same period the previous year.Despite the loss, the company noted that it had seen a...

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