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The company plans to improve the quality of operational management, reduce redundancies and streamline its organizational and management structure. This includes valuating its asset quality to assess its strategic assets. Yamana is also looking to improve its models and life of mine plans coupled with production and cost targeting as well as streamlining its management structure. Earnings Whispers Our proven model does not conclusively show that Yamana will beat the Zacks Consensus Estimate in the third 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 -100.00% — as the Most Accurate Estimate currently stands at a loss of 2 cents while the Zacks Consensus Estimate is pegged at a loss of 1 cent. Zacks Rank: Yamana currently has a Zacks Rank #3 (Hold), which when combined with a negative ESP, makes surprise prediction difficult. Note that stocks with Zacks Rank of #1, 2 and 3 have a significantly higher chance of beating earnings. Conversely, the Sell rated stocks (#4 and 5) should never be considered going into an earnings announcement. 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: Koppers Holdings Inc. KOP has an earnings ESP of +3.08% and a Zacks Rank #2 (Buy). Franco-Nevada Corp. FNV has an earnings ESP of +7.69% and a Zacks Rank #3.
Golden Star Resources, Ltd. GSS has an Earnings ESP of +14.29% 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 YAMANA GOLD INC (AUY): Free Stock Analysis Report KOPPERS HOLDNGS (KOP): Free Stock Analysis Report FRANCO NV CP (FNV): Free Stock Analysis Report GOLDEN STAR RES (GSS): 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, € 5.5 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. |