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What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release?

Annie Gilroy
What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release?

Yamana Gold (AUY) released its Q2 2018 results after the market closed on July 26 and held a conference call the next day. Its EPS of $0.20 and revenue of $431.5 million were in line with market expectations. While its earnings didn’t surprise investors, the company’s production was higher than expected, boosting its stock by a whopping 10.1% on July 27.