Yamana Gold (AUY) Tops Q3 EPS by 2c
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Yamana Gold Reports Third Quarter Cash Flows From Operating Activities of $157.4 Million, Increases Earnings, and Lowers Debt; Cash Flows Significantly Exceed the Average of the Three Preceding Quarte
October 24, 2019 4:40 PM EDTTORONTO, Oct. 24, 2019 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE: AUY) (Yamana or the Company) is herein reporting its financial and operational results for the third quarter of 2019. The Company posted strong quarterly earnings and free cash flow and significantly improved financial flexibility with the retirement of $800.0 million of debt during the quarter. GEO ("gold equivalent ounces") production was in line with plan at costs in line with expectations.
Third quarter highlights:
Net earnings attributable to Yamana equity holders... More