Why Yamana Gold (AUY) Stock Is Lower Today

NEW YORK (TheStreet) -- Shares of Yamana Gold Inc.  (AUY) are lower -2.36% to $7.46 on Wednesday after the company reported losses in net earnings and revenue for the 2014 first quarter.

The gold producer reported net earnings of $29.6 million, or 4 cents per share, versus $102 million, or 14 cents per share, from the same quarter last year.

Yamana Gold reported a revenue decrease to $353.9 million for the first quarter 2014, down from $534.9 in the same period in 2013.

Must Read: Warren Buffett's 10 Favorite Growth Stocks 

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

AUY Chart AUY data by YCharts

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

More from Markets

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Apple and GE Switch Roles; Musk's Super Control of Tesla Explained -- ICYMI

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Trump May Be More to Blame For Higher Oil Prices Than OPEC

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Dow Falls Over 200 Points as Apple's Slump Offsets Gains in General Electric

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

Week Ahead: Major Earnings on Tap as Wall Street Readies for Geopolitical Moves

3 Hot Reads From TheStreet's Top Premium Columnists

3 Hot Reads From TheStreet's Top Premium Columnists