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Investors Await an Update on Cerro Moro in Yamana Gold’s Results

Annie Gilroy
Investors Await an Update on Cerro Moro in Yamana Gold’s Results

Yamana Gold’s (AUY) stock has also underperformed the VanEck Vectors Gold Miners ETF (GDX) year-to-date by returning -6.7% on July 13. One significant development for the company has been the start of commercial production at its Cerro Moro mine in Argentina in June. The company has maintained time and again that the start of the Cerro Moro mine could be a step toward a change in its operating cash flow generation from 2018 onward.