NEW YORK (TheStreet) -- Yamana Gold (AUY) - Get Report shares are slumping 1.3% to $2.27 on Friday after the gold mining company reported its third quarter 2015 earnings results on Thursday after the closing bell that missed analysts' estimates.
For the latest quarter, the company posted a loss of 2 cents a share on revenue of $448.9 million.
Analysts had expected the company to post a loss of 1 cent a share on revenue of $487.18 million.
In the same period the year prior, the company posted a loss of 1 cent a share on revenue of $494.4 million million.
Earnings for the period were hurt by lower gold, silver and cooper prices than in the same quarter of last year, the company said.
Based in Toronto, Yamana Gold engages in gold mining and related activities, including exploration, extraction, processing, and reclamation. The company has precious metal properties and land positions in the Americas.
Separately, TheStreet Ratings team rates YAMANA GOLD INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation:
We rate YAMANA GOLD INC (AUY) a SELL. This is driven by a number of negative factors, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself.
You can view the full analysis from the report here: AUY