Markets

Yamana Gold Hanging onto 2% Gain on Q2 Earnings Rise; $0.25 Adjusted EPS vs. $0.12

Yamana Gold (YRI.TO) is getting hit in the broader decline for stock today but remains ahead 1.8% for the session at $13.52 a share in TSX trade after reporting adjusted earnings of $186.2 million, or 25 cents a share, up from an $84 million profit last year.

Yamana also said it still is on course to produce between 1.04 million to 1.14 million ounces of gold during 2011. The company produced 278,000 ounces during Q2, up 10% from year-ago levels, at an average realized price of $1,500 an ounce.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

Commodities

Latest Markets Videos

    MTNewswires

    Founded in 1999, MT Newswires (formerly known as Midnight Trader) is a leading provider of original source, multi-asset class, real-time, global financial news and information to most of the largest banks, brokerage firms and professional market data, trading & research applications in North America.

    Learn More