Yamana Gold (NYSE:AUY) reported its Q4 results, with EPS coming in at $0.11, beating the consensus estimate of $0.09. Quarterly revenue of $503.8 million came in below the consensus estimate of $513.09 million. The company’s shares are up around 20% since the start of the month.

The company provided its 2022, 2023, and 2024 production outlook, reiterating the 2022 production estimate of not less than 1,000,000 gold equivalent ounces (GEO), and increasing its production guidance for 2023 from 1,000,000 GEO to 1,030,000 GEO. The Company expects production to increase to 1,060,000 GEO in 2024.