LONDON (Alliance News) - Tri-Star Resources PLC Friday reported a wider net loss for 2013 as administration and exploration costs rose.
The company posted a net loss of GBP2.8 million for the year, wider than the GBP2.4 million loss it reported in 2012, as exploration and administrative costs rose to GBP2.27 million, from GBP1.49 million.
The developer of antimony, a metal used in electronics and plastics manufacturing, isn't yet making any revenues.
Tri-Star Resources shares were down 4.2% at 0.1916 pence Friday.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
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