Investing.com - Yamana Gold reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yamana Gold announced earnings per share of $0.1 on revenue of $439.4M. Analysts polled by Investing.com anticipated EPS of $0.08 on revenue of $465.67M.
Yamana Gold shares are up 37.22% from the beginning of the year and are trading at $5.51 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Yamana Gold shares gained 1.66% in after-hours trade after the report.
Yamana Gold follows other major Basic Materials sector earnings this month
Yamana Gold's report follows an earnings beat by Sherwin-Williams on Tuesday, who reported EPS of $8.29 on revenue of $5.12B, compared to forecasts EPS of $7.78 on revenue of $5.07B.
Vale ADR had beat expectations on Wednesday with third quarter EPS of $0.68 on revenue of $10.76B, compared to forecast for EPS of $0.67 on revenue of $10.98B.
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