| Will Yamana Gold (AUY) Surprise This Earnings Season? - Analyst Blog | |
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The four producing mines in the company’s primary portfolio – Gualcamayo, Jacobina, Florida and Mercedes – are the other cornerstone assets that offer the potential to further enhance value by producing quality ounces and better margins. Yamana remains focused on maintaining costs at or below its 2014 level, with further cost reductions that will be possible given local currency devaluations and the decline in other raw material prices. Earnings Whispers Our proven model does not conclusively show that Yamana will beat the Zacks Consensus Estimate in the second quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1, 2 or 3 for this to happen. That is not the case here as you will see below. Zacks ESP: The Earnings ESP for Yamana is 0.00% — as the Most Accurate estimate and the Zacks Consensus Estimate stand at break-even. Zacks Rank: Yamana currently holds a Zacks Rank #3 (Hold), which when combined with an ESP of 0.00% makes surprise prediction difficult. We caution against stocks with Zacks Rank #4 and 5 (Sell-rated stocks) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
Stocks That Warrant a Look Here are some other companies in the basic materials sector you may want to consider, as our model shows they have the right combination of elements to post an earnings beat this quarter: Albemarle Corporation ALB has an earnings ESP of +2.44% and holds a Zacks Rank #1 (Strong Buy). CF Industries Holdings, Inc. CF has an Earnings ESP of +1.38% and a Zacks Rank #3. Axalta Coating Systems Ltd. AXTA has an earnings ESP of +3.33% and a Zacks Rank #3. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report CF INDUS HLDGS (CF): Free Stock Analysis Report ALBEMARLE CORP (ALB): Free Stock Analysis Report YAMANA GOLD INC (AUY): Free Stock Analysis Report AXALTA COAT SYS (AXTA): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Yamana Gold Inc.
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PRODUCER |
CODE : YRI.TO |
ISIN : CA98462Y1007 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Yamana Gold is a gold producing company based in Canada. Yamana Gold produces gold, copper, molybdenum, silver and zinc in Argentina, in Brazil and in Chile, develops copper, gold, lead, molybdenum, silver and zinc in Argentina and in Mexico, and holds various exploration projects in Brazil. Its main assets in production are ALUMBRERA and GUALCAMAYO in Argentina, MINERA FLORIDA and EL PEÑON in Chile and FAZENDA BRASILEIRO, JACOBINA, CHAPADA MINE, SÃO VICENTE, FAZENDA NOVA and SÃO FRANCISCO in Brazil, its main assets in development are AGUA RICA in Argentina and MERCEDES in Mexico and its main exploration properties are MILLO in Peru, FERGUSSON ISLAND in Papua New Guinea, PICACHO in Mexico, CAIAMAR, PILAR, PAU A PIQUE, C1 SANTA LUZ and ERNESTO in Brazil and AMANCAYA and JERONIMO in Chile. Yamana Gold is listed in Canada, in Germany, in United Kingdom and in United States of America. Its market capitalisation is CA$ 7.5 billions as of today (US$ 6.0 billions, € 5.2 billions). Its stock quote reached its highest recent level on December 06, 1996 at CA$ 98.91, and its lowest recent point on August 22, 2003 at CA$ 1.20. Yamana Gold has 948 040 000 shares outstanding. |