Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

BRIEF-Yamana Gold reports qtrly net loss $0.01/shr from continuing operations

Published 2017-05-03, 06:28 p/m
© Reuters.  BRIEF-Yamana Gold reports qtrly net loss $0.01/shr from continuing operations
AUYN
-
HG
-

May 3 (Reuters) - Yamana Gold Inc YRI.TO

* Qtrly revenue from continuing operations $403.5 million versus $400.9 million

* Qtrly net loss per share from continuing operations $0.01

* Yamana Gold Inc qtrly average realized gold price per ounce $1,220 versus. $1,189

* Yamana Gold Inc qtrly average realized copper price per pound $2.57 versus. $2.25

* Yamana Gold Inc says company reiterates its cost guidance for 2017

* Says company is increasing its annual production guidance to 940,000 ounces of gold after a strong first quarter

* Yamana Gold Inc qtrly average realized silver price per ounce $17.29 versus. $14.94

* Says 2017 silver production is expected to increase more significantly, in percentage terms, than gold production

* Says 2017 copper production, all of which is from chapada, is expected to remain constant throughout the guidance period

* Yamana Gold - qtrly total gold produced, attributable to the company, 257,533 ounces versus. 283,758 ounces last year

* Yamana Gold - qtrly total silver produced 1,079,108 ounces versus. 1,802,029 ounces last year

* Yamana Gold - qtrly total copper production 26.5 million pounds versus. 25.9 million pounds last year

* Yamana Gold - co expects to generate significant increases in cash flow and free cash flow beginning in 2018 Source: Further company coverage: YRI.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.