Investing.com - Yamana Gold reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Yamana Gold announced earnings per share of $0.07 on revenue of $437.4M. Analysts polled by Investing.com anticipated EPS of $0.0612 on revenue of $457.66M.
Yamana Gold shares are down 24.52% from the beginning of the year and are trading at $4.310 , down-from-52-week-high.They are under-performing the EUR/USD which is down 0% from the start of the year.
Yamana Gold follows other major Materials sector earnings this month
Yamana Gold's report follows an earnings beat by Vale ADR on Thursday, who reported EPS of $1.53 on revenue of $16.68B, compared to forecasts EPS of $1.47 on revenue of $16.85B.
Sherwin-Williams had missed expectations on Tuesday with second quarter EPS of $2.65 on revenue of $5.38B, compared to forecast for EPS of $2.67 on revenue of $5.38B.
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