Yamana's 4Q Results Underwhelm With Impairment on Gualcamayo and Reduced Production From Cerro Moro
Yamana Gold reported decent operational results for the fourth quarter, but surprised with an impairment charge of more than $350 million for Gualcamayo and its potential development assets. The company is now holding a sale for the asset, but investors are no doubt frustrated by the company’s history of selling underperforming and disappointing assets. The stock was down nearly 12% on a day when most gold miners were down by mid-single-digit percentages.From an operational perspective, the com...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.