May 4, 2017 / 3:42 PM / in 7 months

BUZZ-Yamana Gold : Nearing 16-month low on weak earnings

** U.S. listed shares of Canadian gold company down 8.6 percent, nearing 16-month low, a day after results

** Co posted qtrly net loss per share from continuing operations of 1 cent on Wednesday; qtrly gold and silver production attributable to co slips 10 and 66 percent, respectively

** Weakness in gold adding to pressure

** Spot gold down 0.7 pct at $1228.33/ounce; U.S. gold futures fall 1.5 pct at 1522 GMT

** Other miners; Hecla Mining Co down 2.8pct; IAMGOLD Corp down 5 pct; Sibanye ADRs down 3.8 pct

** Shares of Barrick Gold, world’s biggest bullion producer, down 1.75 pct at $15.92

** Yamana down more than 13 pct YTD (rahul.b.thomsonreuters.com@reuters.net)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below