Yamana Gold: Q4 Earnings Snapshot
Yamana Gold Inc. (AUY) on Wednesday reported a fourth-quarter loss of $1.13 billion, after reporting a profit in the same period a year earlier
By AP News
Published - Mar 29, 2023, 06:48 PM ET
Last Updated - Jun 20, 2024, 01:15 AM EDT
TORONTO (AP) — TORONTO (AP) — Yamana Gold Inc. (AUY) on Wednesday reported a fourth-quarter loss of $1.13 billion, after reporting a profit in the same period a year earlier.
The Toronto-based company said it had a loss of $1.18 per share. Earnings, adjusted for non-recurring costs, were 7 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 6 cents per share.
The gold mining company posted revenue of $457.2 million in the period.
