St. Joe Gold Corp. Reports Jump in Net

St. Joe Gold Corp., a subsidiary of Fluor Corp., said that its net income for the 1986 fiscal year ended Oct. 31 jumped 48.67% to nearly $7.9 million from $5.2 million a year earlier. Sales for the year totaled $107 million, an increase of 9.71% from $98 million the prior year.

Fourth-quarter net income increased 47% to $1.5 million from $1 million for the year-earlier period. Sales for the quarter rose 8.2% to $27.9 million from $25.8 million.

St. Joe Gold Corp., based in Clayton, Mo., produces precious metals throughout North and South America.