AP NEWS
Click to copy
Click to copy
Related topics

Yamana Gold: 2Q Earnings Snapshot

July 25, 2019

TORONTO (AP) _ Yamana Gold Inc. (AUY) on Thursday reported second-quarter profit of $14.1 million.

On a per-share basis, the Toronto-based company said it had net income of 1 cent. Earnings, adjusted for non-recurring costs, came to 2 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The gold mining company posted revenue of $463.5 million in the period.

In the final minutes of trading on Thursday, the company’s shares hit $2.86. A year ago, they were trading at $2.80.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUY at https://www.zacks.com/ap/AUY

All contents © copyright 2019 The Associated Press. All rights reserved.