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The big shareholder groups in Yamana Gold Inc. (TSE:YRI) have power over the company. Institutions will often hold...
TORONTO, Oct. 28, 2019 -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) today provided notice that a National Instrument 43-101 technical report has been.
Yamana Gold (AUY) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
NYSE:AUY) (“Yamana” or “the Company”) is herein reporting its financial and operational results for the third quarter of 2019. The Company posted strong quarterly earnings and free cash flow and significantly improved financial flexibility with the retirement of $800.0 million of debt during the quarter. Adjusted net earnings(2) of $49.5 million or $0.05 per share basic and diluted compared to adjusted net earnings of $23.6 million or $0.02 per share basic and diluted a year earlier.
NYSE:AUY) (“Yamana” or the “Company”) declares a fourth quarter dividend of $0.01 per share (annual $0.04 per share). Shareholders of record at the close of business on December 31, 2019, will be entitled to receive payment of this dividend on January 14, 2020. The dividend is an “eligible dividend” for Canadian tax purposes. Yamana will continue to evaluate its dividend policy as it increases free cash flow and cash balances with the potential for further increases to its dividend. Yamana has a more than thirteen-year track record of having paid a dividend, having first declared a dividend in late 2006, which was just over three years after the inception of the Company and as its first phase of mine development was completed, which led to the generation of steady and increasing cash flow.
Yamana Gold (AUY) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]
While not a mind-blowing move, it is good to see that the Yamana Gold Inc. (TSE:YRI) share price has gained 25% in the...
Canada's main stock index fell on Friday, putting it on course for its first weekly loss in five, as shares in miners dropped due to a 1% decline in gold prices. * Shares of Yamana Gold and Kinross Gold were the top losers on the main index, down about 4% each, while shares in First Majestic Silver Corp and Pan American Silver Corp fell about 3%. * At 10:20 a.m. ET (1420 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 59.75 points, or 0.36%, at 16,730.65.
TORONTO, Sept. 25, 2019 -- YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) will release its third quarter 2019 operational and financial results after the.
TORONTO, Sept. 09, 2019 -- YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) today provided an update on exploration activities at its 50% owned Canadian.
Investors on Wall Street have been growing nervous in recent weeks, and for good measure.The yield curve has inverted, a strong signal a recession is coming. The trade tensions between the United States and China remain high. And President Donald Trump seems determined to bully the Federal Reserve into cutting rates aggressively and weakening the U.S. dollar, all in an effort to bolster the U.S. economy and punch back against competitive devaluations underway by China and others.So it's not surprising that precious metals have perked up nicely alongside the gold and silver mining stocks. This is an area of the market that was left for dead for years -- as cryptocurrencies like bitcoin enjoyed the anti-dollar attention. But that's changing now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off Here are six cheap gold and silver stocks worth a look: Hecla Mining (HL)Hecla Mining (NYSE:HL) shares have scrambled back up and over their 50-day moving average, pushing up off of a solid base of support established over the last few months. Watch for a breakout attempt above the 200-day average, which hasn't been crossed in a major way since the middle of 2017.The company will next report results on Nov. 7 before the bell. Analysts are looking for a loss of two cents per share on revenues of $167.8 million. When the company last reported on Aug. 7, a loss of two cents per share missed estimates by seven cents on a 8.9% decline in revenues. Endeavour Silver (EXK)Shares of Endeavour Silver (NYSE:EXK) are moving back up to challenge their late March highs, making another attempt on the 200-week moving average after once again rising off of support near the $1.80-a-share level established in late 2018. The company will present at the upcoming Denver Gold 30th Annual Forum on Sept. 15. * 7 Tech Industry Dividend Stocks for Growth and Income Analysts at Noble Capital Markets recently downgraded shares on worries production costs were too high in a low price environment. But with metals prices on the rise, these concerns should fade. Yamana Gold (AUY)Shares of Yamana Gold (NYSE:AUY) have been on a tear lately, maintaining a steady rise above its 20-day moving average to return to the highs last seen in early 2018. An extension of the push here would return prices to levels not seen since 2016.The company will next report results on Oct. 24 after the close. Analysts are looking for earnings of two cents per share on revenues of $368 million. When the company last reported on July 25, earnings of two cents per share matched estimates on a 6.4% rise in revenues. IAMGOLD (IAG)IAMGOLD (NYSE:IAG) shares have returned to the trading range near the $4-a-share threshold that has halted the bulls repeatedly over the past year. But with gold prices on the move, I think a push past the resistance level and move above its 200-week moving average for the first time since early 2018. * 7 Stocks to Buy Down 10% in the Past Week The company will next report results on Nov. 5 after the close. Watch for earnings of one cent per share on $282.1 million in revenues. When the company last reported on Aug. 7, a loss of three cents per share missed estimates by two cents on an 11.1% decline in revenue. Kinross Gold (KGC)Kinross Gold (NYSE:KGC) is riding a steady support line along its 20-day moving average, returning to highs not seen since the middle of 2016. The company recently announced the acquisition of a property in Russia for $283 million -- extending the company's 24-year history of operating in the country.Management will next report results on Nov. 6 after the close. Analysts are looking for earnings of seven cents per share on revenues of $949.9 million. When the company last reported on July 31, earnings of six cents per share beat estimates by three cents on an 8.1% rise in revenues. Coeur D Alene Mines (CDE)Shares of Coeur D Alene Mines (NYSE:CDE) have returned to prior resistance levels near the $6-a-share level. Watch for an extension back towards the 200-week moving average, which hasn't been tested since the summer of 2018.The company will next report results on Oct. 30 after the close. Analysts are looking for a loss of four cents per share on revenues of 205 million. When the company last reported on Aug. 7, a loss of 11 cents per share matched estimates on a 4.6% decline in revenues. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off * 7 'Strong Buy' Stocks to Beat Volatility * 7 Mega-Cap Tech Stocks on a Rebound Now The post 6 Cheap Gold and Silver Stocks to Buy Now appeared first on InvestorPlace.
Trade has played foul on Wall Street throughout August, sending the broad indices into a tailspin, thus compelling investors to flock to gold as a great store of value and hedge against market turmoil.