|Bid||4.3000 x 38500|
|Ask||4.3100 x 41800|
|Day's Range||4.2150 - 4.3400|
|52 Week Range||2.2300 - 7.0200|
|Beta (5Y Monthly)||1.59|
|PE Ratio (TTM)||20.48|
|Forward Dividend & Yield||0.07 (1.67%)|
|Ex-Dividend Date||Dec 30, 2020|
|1y Target Est||N/A|
Extending their southward-bound journey from January, shares of Yamana Gold (NYSE: AUY) fell 13.9% last month, according to data from S&P Global Market Intelligence. The gold stock has, however, kicked off March on a relatively encouraging note, gaining nearly 7.2% so far, of the time of this writing. After hitting a high of around $1,950 per ounce in early January, gold prices started to fall steadily and lost nearly 11% by the end of February.
Gold prices might soar in 2021 as peak gold production looms, and it is junior miners that are best positioned to take advantage of this high risk/reward play
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. Gold stocks, as represented by the VanEck Vectors Gold Miners ETF (GDX), have underperformed the broader market over the past year.