TORONTO (AP) — TORONTO (AP) — First Quantum Minerals Ltd. (FQVLF) on Tuesday reported a loss of $159 million in its first quarter.

The Toronto-based company said it had a loss of 21 cents per share. Losses, adjusted for non-recurring costs, came to 20 cents per share.

The results missed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.

The metal and minerals mining company posted revenue of $1.04 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $931.3 million.

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