Claude Resources Earns $400,000 in FY '08, 3 Cents/Share In 4Q '08

Claude Resources Inc. has reported full-year net income of $400,000, or 0 cents/share. This result compares with a loss of $7 million, or 8 cents/share, in fiscal year '07. Earnings for the fourth quarter were $2.4 million, or 3 cents/share, as compared with a loss of 2 cents/share in 4Q '07. Details are in the earnings release.

This news was disseminated yesterday in the early afternoon, right after Claude briefly dipped down to 72 cents. The stock closed at 76 cents, down a penny on the day, to reach one cent above the same level it was at in the morning. Current bid-ask is 75 cents - 77 cents.

The company's Google Finance web page is here.

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