IN BRIEF: Yamana Gold on track to meet annual production guidance

Yamana Gold Inc - Toronto, Canada-based mining company - Says revenue falls to USD422.4 million ...

Alliance News 28 October, 2022 | 9:09AM
Email Form Facebook Twitter LinkedIn RSS

Yamana Gold Inc - Toronto, Canada-based mining company - Says revenue falls to USD422.4 million for the three months ended September 30 from USD452.2 million a year ago, as total cost of sales increase to USD317.3 million from USD298.2 million. Mine operating earnings amounts to USD103.4 million, down from USD154.0 million a year ago.

Production totals 241,302 gold equivalent ounces during the quarter. Expects to achieve its annual production guidance of 1 million gold equivalent ounces. Says gold production of 216,673 ounces has exceeded plan, following standout performances from Canadian Malartic with 75,262 ounces and Jacobina with 50,113 ounces. Says silver production of 2,212,765 ounces was in line with plan.

Yamana Gold says the quarterly average realised silver price falls to USD19.31 per ounce from USD24.23 a year ago, and the quarterly average realised gold price falls to USD1,728 per ounce from USD1,789.

Current stock price: 405.00 pence, up 1.3% on Friday

12-month change: up 30%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

Email Form Facebook Twitter LinkedIn RSS

Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Yamana Gold Inc
Yamana Gold Inc

About Author

Alliance News

Alliance News provides Morningstar with continuously updating coverage of news affecting listed companies.

© Copyright 2024 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Modern Slavery Statement        Cookie Settings        Disclosures