Will Higher Gold Production Support Yamana's Q4 Earnings?
Zacks Investment Research | Feb 10, 2020 09:05PM ET
Yamana Gold Inc. (NYSE:AUY) is scheduled to release fourth-quarter 2019 results on Feb 13, after the closing bell.
The company delivered a positive earnings surprise of 150% in the third quarter. It has a trailing four-quarter positive earnings surprise of 100%. Strong results from major mines, especially Jacobina, El Penon, Cerro Moro and Canadian Malartic are likely to get reflected in the company’s fourth-quarter performance. Also, higher gold prices on a year-over-year basis are likely to have supported fourth-quarter performance.
The stock surged 50.2% in a year’s time compared with the Original post
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