Yamana Gold: 1Q Earnings Snapshot
Yamana Gold: 1Q Earnings Snapshot
TORONTO (AP) _ Yamana Gold Inc. (AUY) on Wednesday reported a loss of $4.1 million in its first quarter.
The Toronto-based company said it had a loss of less than 1 cent on a per-share basis. Earnings, adjusted for non-recurring costs, came to 3 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.
The gold mining company posted revenue of $407.1 million in the period.
In the final minutes of trading on Wednesday, the company's shares hit $2.15. A year ago, they were trading at $2.85.
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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