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Yamana Gold Inc. (AUY)

NYSE - Nasdaq Real Time Price. Currency in USD
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4.0700-0.1000 (-2.40%)
As of 02:54PM EST. Market open.
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  • P
    PSH
    Analysts have upgraded Yamana 2021 earnings per share and revenue. Solid cash flow, listing on the LSE, strong M&A recently and the purchase of Monarch assets will bolster their output potential. YRI management has done everything right this year. A great gold mining to buy now and will really rise in price when the US passes their stimulus bill.
  • E
    Epicshortiscoming
    This Precious Metals Market is nothing more than a paper shuffle...No one except the little guy is buying real GOLD/Silver or Mining stocks. Even Bitcoin is tied to this PAPER market...Hard to fight a fixed market.
  • M
    Martinitony
    I was looking at financials and noticed that income runs about 1/2 of revenues . Last year average gold price about $1790 per conference call etc. So, one would think a $50 increase in price of gold over about a million OZs would be really significant, but is it? About another $50 million in income added to near a billion already.
    It might be fair to assume that for every percent increase in price of gold earnings rises 2 percent.
    Am I missing something?
    So, increases in output are really important also, but squeezing out extra ounces seems like pretty tough work requiring a lot of diligence given pandemics and political sheet.
    Maybe the management is doing pretty well and deserves a little more credit around here.
  • A
    Alfred Newman
    Copper is strong, gold is getting stronger, and we have a lot to sell/stockpile.
    This stock has a long way to go, I can't sell any right now,
    price is too low.
    Bullish
  • J
    Jazenevd
    It was a great market day. Also the price of gold is holding up very well, at a good level. Once this market dip ends, gold stocks will recover the lost ground easily enough.
  • A
    Anonymous
    Agree, I think it's Gold time!
    (owner of AUY and IAG)
    Inflation and unlimited money supply.
    Cash exiting quick from other sectors.
    My directional bet is gold is heading meaningfully higher.
    I think big players are already accumulating patiently before the projected fantastic earnings.
    A cash cow with price/sales of 2!
    Bullish
  • J
    Jazenevd
    Finally, Minera Florida strike ended this week as it is reported by Chilean press
    Start of quote (google translated from Spanish)
    Wednesday January 19, after 42 days of mobilization, the workers belonging to the Mine and Plant union of the Minera Florida de Alhué company, reached an agreement with the company, for which they revoked the stoppage of activities.
    End of quote
  • D
    D
    Yamana's management continues to improve the balance sheet and asset base. Net Debt is now under $247 million and a balanced payout is going to share holders. Ample cash reserves insure that the company can pay for its expansion, exploration and dividends while paying down its small amount of debt. By next year at this time Yamana should be net debt free! This has been an extraordinary turnaround in the last three years!
    Bullish
  • C
    Chris
    The economy is rolling over!? Peloton just froze manufacturing for 6 weeks due to a lack of demand. NY manufacturing index plummeted & jobless claims spiked last week. Will we even make it to the end of the taper without recession looming? Tread carefully through this overvalued market!
  • C
    Chris
    Being long in AUY reminds me of the old Rolling Stones song........Ti I I Ime is on your side, yes it is! This company makes piles of cash when gold is above $1500 per ounce. Gold had been rock solid this year as risk assets & bonds quiver and crumble. LONG AND STRONG. Sing it with me. 🎶Ti I I Ime is on our side 🎶
  • C
    Chris
    Very solid production to close out 2021! Jacobina continues to ramp up and El Penon really finished the year strong. The only weakness is at Minera Florida (sounds like a labor dispute exists). Overall, all in sustaining costs of $970 per ounce is outstanding.

    I was hoping to see a bigger jump in cash balance ($65 Million reported). Q4 & Q2 is when the taxman gets paid and cash balances suffer. On the year, the $300M in cash growth on the balance sheet while paying out $115M in dividends, funding the Odyssey project, paying a debt restructuring fee ($20M or $30M??), acquiring Wasamac properties, and buying back $30Mish in stock.

    Add it all up and the business is kicking off over $500M in cash per year with gold trading around $1800. Market cap remains stuck around $4B....... that's the thesis for buying shares here. Oh and you get an option on a huge copper/gold project for free.

    Feel free to correct my rough estimates for Wasamac purchase, stock buyback and restructure fee as I'm feeling too lazy to lookup the detailed cost of each.
  • F
    FM
    Finally a move upward. I was tempted to sell but I still think this is a good long term play regardless of what bitcoin does. Looking for $10
  • T
    THOMAS
    No question that I was overly optimistic over where this company, and other PM outfits, would be by the end of 2021, but the basic argument for PM not only remains intact, but is much stronger today. Patience, friends.
  • J
    JT_kirk20
    Update: Yamana Gold Sees Gains as Details Preliminary Q4, 2021 Production Results
    BY MT Newswires
    — 10:53 AM ET 01/13/2022

    10:53 AM EST, 01/13/2022 (MT Newswires) -- Yamana Gold Inc. ( AUY ) on Thursday reported preliminary production of 281,388 ounces of gold equivalent in the fourth quarter of 2021, bringing its full-year 2021 production to 1.01 million ounces of gold equivalent.

    Yamana, which at last look gained 1% on both the NYSE and the TSX in early Thursday trading, said it beat its annual production guidance of 1.00 million ounces of gold equivalent.

    During the last quarter of 2021, the company produced 240,718 ounces of gold and 3.1 million ounces of silver. In full-year 2021, output totaled 884,793 ounces of gold and 9.2 million ounces of silver.

    The company said all-in sustaining costs for the quarter ended Dec. 31, 2021, are expected to be the lowest of the year at $970 per ounce. This is lower than the AISC guidance previously provided for the quarter and about 8% below the AISC reported for the prior three quarters. Full-year AISC is estimated at $1,030 per ounce, including inflation impacts.

    Yamana Gold ( AUY
    Loading... Loading...
    ) expects to release its three-year production and 2022 cost guidance on Feb. 17 along with its full-year 2021 operating results.
  • R
    Roy
    Does anyone on this board think there is something happening other than the price of gold going up?
  • R
    Robbie
    Even when things are looking good, there is a Thursday/Friday take down every single week!
  • B
    Bill
    Why do insiders own so few shares? Especially at these low prices. Thoughts?
  • C
    Chris
    Powell talks a tough game and price of gold sold off in response. Let's not ignore that while he speaks of rate increases and balance sheet runoff, the asset purchases continue. Why? What fool would increase the BS today only to start drawing it down later this year? How high can the 10 year yield increase before the economy collapses and what evidence exists to believe that inflation will drop significantly before the recessionary winds begin to howl? I read a great analysis that concluded that the maximum 10 year yield is 2.5% before the economy cracks. Debt levels are too high to support much more. So gold may drop a little over the next few months but once the market sniffs the economy dying (and subsequent end to the rate hike cycle) gold will shoot higher. Why wouldn't it with the economy stalled, interest rates plunging and inflation stubborn around 4%. What does the Fed do when faced with stagflation? We shall soon see.......
  • A
    Anonymous
    Even a tiny rotation / allocation into gold will trigger this to move handsomely. "When investment flows into gold equities, it's like Niagara falls flowing through a garden hose." I think Mr. Mkt is ready for a small piece of this gold ball game. GLTA!
  • c
    captain biff
    Lift off? Finally? Gold on a tear this morning.
    Bullish
  • P
    Peter
    According to SEDI, the company hasn't re-purchased any shares since its last filing on 11/19/21. I suspect one of the reasons we haven't seen any recent purchases is that the company is prohibited from trading when there is material news pending. With the Q4 and year-end results out, I would think the company would be free to resume its purchases. I'll keep an eye on the filings and will post anything I see.
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