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« March 3, 2010 Bloomberg article - indirectly values HRG | Main | Randgold Resources Limited Call Options Up 55%, Place a Stop »
Wednesday
Mar032010

Yamana Gold Incorporated Results 04 March 2010

Yamana Gold Logo 04 March 2010.JPG



YAMANA GOLD INC. (TSX:YRI; NYSE: AUY; LSE:YAU) today announced its financial and operating results for the fourth quarter and year ended December 31, 2009 and its mineral reserves and mineral resources for the year ended December 31, 2009. All dollar amounts are expressed in United States dollars unless otherwise specified.

2009 FOURTH QUARTER AND FULL YEAR HIGHLIGHTS

Financial and Operating Highlights

Highlights for the three- and twelve-month periods ended December 31, 2009 include:

- Total production from continuing operations of 289,456 gold
equivalent ounces (GEO) and 1,025,677 GEO, respectively;

- Cash costs(1) from continuing operations excluding Alumbrera of $111
per GEO and $170 per GEO, respectively;

- Revenues of $399.8 million and $1.2 billion, respectively;

- Mine operating earnings of $184.3 million and $467.5 million,
respectively;

- Net earnings of $36.2 million and $192.6 million, respectively;

- Adjusted Earnings(1) of $100.9 million or $0.14 per share and $346.1
million or $0.47 per share, respectively

To read the article in full please click here.

Yamana Gold Incorporated trades on the following Stock Exchanges:

AUY on the New York Stock Exchange

YRI on Toronto Stock Exchange

YAU on the London Stock Exchange, giving it global exposure to investors.

Yamana Gold has a market capitalization of $8.17 billion, a P/E ratio of 23.72, with 733.25 shares outstanding, has a 52 week high of $14.37 and 52 week low of $7.27 and closed today at $11.14.







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Reader Comments (2)

The market is certainly not impressed with this set of results.

March 5, 2010 | Unregistered CommenterGold Prices

Does anybody have confirmation that George Soros recently bought AUY shares along with Gold bullion?
Thanks in advance.

March 8, 2010 | Unregistered CommenterMark

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