TORONTO (AP) _ New Gold Inc. (NGD) on Thursday reported fourth-quarter net income of $300,000, after reporting a loss in the same period a year earlier.

On a per-share basis, the Toronto-based company said it had profit of less than 1 cent. Losses, adjusted for non-recurring gains, were 4 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for a loss of 4 cents per share.

The gold mining company posted revenue of $139.2 million in the period.

For the year, the company reported that its loss narrowed to $73.5 million, or 12 cents per share. Revenue was reported as $630.6 million.

The company's shares closed at 85 cents. A year ago, they were trading at $1.29.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NGD at https://www.zacks.com/ap/NGD

Automated Insights, source Associated Press News