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.

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AUY Chart AUY data by YCharts

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