Market Report -- In Play (AUY)

November 3, 2009 4:30 PM ET

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Stocks mentioned in this article: Yamana Gold Inc (AUY) Stock Quote, Chart, News, Add to Watchlist
Related topics: Movers

Yamana Gold misses by $0.01, misses on revs Reports Q3 (Sep) earnings of $0.12 per share, $0.01 worse than the First Call consensus of $0.13; revenues $332.2 mln vs the $357.7 mln consensus. Total production from all mines of 314,707 gold equivalent ounces (GEO) and 875,763 GEO, respectively. The Company's production plan is targeting in the range of 1.05 to 1.1 million GEO in 2009, not including non-core mines under sale, an increase of close to 40% over 2008. Yamana is committed to the sustainable production of at least 1.1 million GEO annually and increasing from 2010 onward.

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