VANCOUVER, British Columbia (AP) — VANCOUVER, British Columbia (AP) — Almaden Minerals Ltd. (AAU) on Wednesday reported a loss of $45.2 million in its fourth quarter.

The Vancouver, British Columbia-based company said it had a loss of 32 cents per share. Losses, adjusted for asset impairment costs, were 6 cents per share.

For the year, the company reported that its loss widened to $47.1 million, or 34 cents per share.

In the final minutes of trading on Wednesday, the company's shares hit 14 cents. A year ago, they were trading at 20 cents.

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