March 20, 2018 / 7:34 PM / 2 years ago

Canada regulator halts trading in First Quantum Minerals shares

FILE PHOTO - First Quantum Minerals Chairman, CEO and Director Philip Pascall looks on during their annual general meeting for shareholders in Toronto, May 9, 2012. REUTERS/Mark Blinch

TORONTO (Reuters) - A Canadian securities regulator halted trading in shares of First Quantum Minerals Ltd on Tuesday after the stock dived 12.4 percent by late afternoon.

Investment Industry Regulatory Organization of Canada did not give a reason for the trading halt, but the regulator imposes suspensions to a ensure fair and orderly market.

First Quantum did not offer an immediate comment when reached by Reuters.

Reporting by Denny Thomas and Nicole Mordant; Editing by Peter Cooney

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