Aurizon dips on financials, seeks growth

摘要

Last year was a good year for Aurizon Mines (ARZ-T, AZK-N), says George Paspalas, the president and chief executive of the company, which has been mining the Casa Berardi gold project in Quebec since 2006.The company reported record revenues, cash flow and profits for the year. But on the fourth quarter news its share price dipped to a new 52-low of $4.35, before closing March 15 at $4.43.Fourth-quarter results were "mildly disappointing, despite record revenue," National Bank analyst Paolo Lostritto says.