AUY - Yamana Gold Inc.
Chart Events
Price Crosses Moving Average
Performance Outlook
- Short Term2W - 6W
- Mid Term6W - 9M
- Long Term9M+
| Previous Close | 5.12 |
| Open | 4.93 |
| Bid | 5.00 x 39400 |
| Ask | 5.05 x 38500 |
| Day's Range | 4.81 - 5.02 |
| 52 Week Range | 1.92 - 5.65 |
| Volume | 21,726,786 |
| Avg. Volume | 24,892,185 |
| Market Cap | 4.784B |
| Beta (5Y Monthly) | 1.64 |
| PE Ratio (TTM) | 31.97 |
| EPS (TTM) | 0.16 |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.06 (1.22%) |
| Ex-Dividend Date | Jun 29, 2020 |
| 1y Target Est | 3.86 |
Fair Value
Related Research
- GlobeNewswire
Yamana Gold Confirms Filing of Technical Report for Jacobina
YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) confirms that a National Instrument 43-101 technical report for the Jacobina gold mine in Brazil, called ‘NI 43-101 Technical Report, Jacobina Gold Mine, Bahia State, Brazil’, with an effective date of December 31, 2019, has been filed with Canadian securities regulators and is now available under Yamana’s profile on www.sedar.com. The new technical report is also available on the Company’s website www.yamana.com.
- GlobeNewswire
Yamana Gold Announces Filing of Technical Report for Jacobina
TORONTO, May 29, 2020 -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) today provided notice that a National Instrument 43-101 technical report has been.
- GlobeNewswire
Yamana Gold Announces the Completion of the Sale of Its Royalty Portfolio for Total Consideration of $65 Million
YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or the “Company”) is pleased to announce it has completed the previously announced sale to Nomad Royalty Company Ltd. (formerly, Guerrero Ventures Inc.) (“Nomad”) of a portfolio of royalty interests and the contingent payment to be received upon declaration of commercial production at the Deep Carbonates Project (“DCP”) at the Gualcamayo gold mine (together, the “Sale Transaction”) for total consideration of $65 million. Nomad is expected to commence trading on the Toronto Stock Exchange on or about May 29, 2020, under the symbol “NSR”. As such, Yamana has received initial upfront cash consideration of $10 million as well as $45 million in common shares of Nomad at a price of C$0.90 per share.
- Zacks
Zacks.com featured highlights include: Avenue Therapeutics, Glu Mobile, Yamana Gold and Z Holdings
Zacks.com featured highlights include: Avenue Therapeutics, Glu Mobile, Yamana Gold and Z Holdings
- TipRanks
Positive Exploration Results Could Drive Upside for Yamana Gold, Says Analyst
Global crises are generally good news for gold, as investors turn to safe haven assets. As a result, the price of gold has surged this year, up by 15% year-to-date, with it trading at levels not seen since 2013. The upward trend has added a layer of gloss to precious metal miners, too; Shares of Yamana Gold (AUY) are up by an impressive 33% since the turn of the year. CIBC analyst Anita Soni thinks there are more gains in the pipeline. In addition to keeping her Outperformer rating on AUY shares, the analyst raised her price target from $6.15 to $7. Investors stand to take a 32% premium back to the vault should Soni’s target be met over the next 12 months. (To watch Soni’s track record, click here) What has prompted Soni’s reevaluation, then? Good news concerning two of the company’s mines, Jacobina and El Peñón. At Jacobina, positive exploration results turned what was once considered the "extended mine life" of the asset into its base case scenario. The mine’s life expectancy has been moved to 14.5 years as opposed to 11.5 years previously. Management also indicated the possibility of further extension, based on previous exploratory success at the site. As for El Peñón, drilling has resulted in the uncovering of additional gold veins, while surface exploration has generated more “exploration targets.” These results are “in line with the strategic LOM (Life of Mine) of at least 10 years,” Chen said. Furthermore, it appears the site’s facilities are underused, meaning the “excess plant capacity” can be used to boost production. Chen believes “Yamana offers near-term growth driven by improved performance of existing assets and ramp-up of new projects.” The analyst added, “The company's consistent delivery evidenced by upward guidance revisions in 2018, organic growth opportunities, and exploration potential combine nicely with an improving balance sheet and attractive relative valuation… We see these exploration results as positive news for the company as it continues to delineate its longer-term pipeline.” Turning now to the rest of the Street, Yamana’s Moderate Buy consensus rating is based on 5 Buys, 4 Holds and 1 Sell. However, overall, it appears the majority of analysts believe the stock has surged enough for now, as the average price target is $4.46, which implies downside potential of 16%. (See Yamana stock analysis on TipRanks)
- Zacks
4 Breakout Stocks for Impressive Returns
The logic behind the breakout strategy for stock selection is to identify stocks are trading within a narrow band.
- Motley Fool
Why Yamana Gold Stock Jumped 10% Today
Yamana had some good news about important spending plans, and investors were pleased with the update.
- Zacks
Is Yamana Gold (AUY) Outperforming Other Basic Materials Stocks This Year?
Is (AUY) Outperforming Other Basic Materials Stocks This Year?
- GlobeNewswire
Yamana Reports Significant Exploration Results Supporting Mine Life Extensions at Jacobina and El Peñón, Including New Secondary Veins and Extensions of Primary Vein Systems at El Peñón
Download a PDF of detailed drill hole results for JacobinaDownload a PDF of detailed drill hole results for El Peñón TORONTO, May 19, 2020 -- YAMANA GOLD INC. (TSX:YRI;.
- Investing.com
RBC Capital Sticks to Their Hold Rating for Yamana Gold
RBC Capital analyst Josh Wolfson maintained a Hold rating on Yamana Gold (NYSE:AUY) on Friday, setting a price target of $4.5, which is approximately 14.93% below the present share price of $5.29.
- InvestorPlace
7 A-Rated Gold Stocks to Buy For Your Portfolio Hedge
Stocks were on a tear in April, almost clawing back everything they lost in March.Much of that rally has been pinned on the hopes that lockdowns would be over and the coronavirus would be sorted in short order.But the more we hear from medical experts and more fundamentally, from the rising numbers of sick and dead, this isn't going to be as easy or painless as many anticipated.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat means you need to have a good, reliable hedge. And for decades, that hedge has been gold.One reason gold is a good choice now it that as the dollar weakens, gold becomes more attractive. A strong dollar makes gold a less attractive buy since it's more expensive and holding gold comes at a cost (storage fees, etc). * 20 Stocks to Buy If You're Still Betting on America to Thrive Also, COVID-19 has meant many mines stopped or reduced production, which lowers supply in a time of increasing demand. Gold is up 14% year to date and mining stocks are leveraged to that performance: * Eldorado Gold (NYSE:EGO) * Iamgold (NYSE:IAG) * Harmony Gold (NYSE:HMY) * Yamana Gold (NYSE:AUY) * B2Gold (NYSEMKT:BTG) * Drdgold (NYSE:DRD) * Kinross Gold (NYSE:KGC)The miners above are all A-rated by my Portfolio Grader I use to find Growth Investor recommendations. A-Rated Gold Stocks: Eldorado Gold (EGO)Source: Shutterstock About two-thirds of the gold mined today comes from just 9 countries. China is the top producer, with about 12% of production in 2019.But that's not a big number. Given China's size, that illustrates how gold is distributed fairly evenly around the world. And that means there are plenty of opportunities for gold miners to find gold in a variety of places, as long as they can mine it profitably.EGO is a Canada-based company with mines located in Canada, Greece, Serbia, Romania, Turkey and Brazil. Most of these countries aren't known for their gold production, but EGO has been mining successfully for nearly 3 decades now, so it has the formula down, and little competition in its markets.The stock is up 141% in the past year, most of which came before COVID-19 hit. It's only up 8% year to date. That means there's more here than a timely trade. IAMGOLD Corp (IAG)Source: Shutterstock Another Canada-based miner that has been around since 1990, IAG has just 5 mines but generates enough gold to maintain a $1.7 billion market cap.It has one mine in Canada, one in Suriname, one in Burkina Faso and two joint ventures in Mali. The company produced 762,000 ounces last year. The cost to produce gold is around $870-900 an ounce, so its margins are certainly strong right now.And given the fact that gold prices are likely to rise as the dollar weakens (or stays weak) due to all the stimulus cash that has been dumped into the economy, IAG is in a very good position to reap the benefit. * 20 Stocks to Buy If You're Still Betting on America to Thrive The stock is up 38% in the past 12 months, but year to date it's off 4%. That means it hasn't been bid up to the moon yet. And if you're looking for growth stocks, not just hedges, there are some I'm particularly excited about now. Harmony Gold (HMY)Source: Shutterstock This South African miner has been around since 1950, and it's woven into the fabric of the South African precious metals and gemstone mining family there. It also has growing gold and silver operations in Papua New Guinea.Much of its mining is done via open pit mining rather than subterranean mining. It also has a division that remediates it mining efforts once a mine has been tapped.It has significant gold and copper reserves and also has some silver reserves as well.COVID-19 has slowed production in its mining operations in the second quarter, but expectations are that production will be back to normal by Q3. Its plan is to be able to reliably produce 1 million ounces a year until 2030.HMY is up 118% in the past 12 months, but is off 3% year to date. Yamana Gold (AUY)Source: Shutterstock This Canada-based miner has only been around since 2003, but it has grown significantly, acquiring smaller miners to build its opportunities.Yamana can be considered a diversified miner, even moreso than HMY, because it also produces a significant amount of silver and copper.In my Growth Investor buy list, I prefer companies with an economic "moat" around their business, and in some industries, diversification is what provides that stability. By diversifying, the company mitigates the swings many gold-only miners go through when the Midas Metal is out of favor.Copper and silver are both key industrial metals and help provide steady revenue when the global economy is under full sail. AUY has a nearly $5 billion market cap, so its one of the larger players in this sector, which also helps keep its price steady over the long haul. On the other hand, it's less leveraged to gold rallies. * 20 Stocks to Buy If You're Still Betting on America to Thrive It has mines in Canada, Brazil, Chile and Argentina, which keeps it in pretty politically stable countries. Its stability has paid off this year - AUY is up 150% in the past year, and 28% year to date. B2GOLD Corp (BTG)Source: Shutterstock This Canada-based firm is a senior gold producer with a market cap of more than $5 billion. It has 3 mines in operation -- in Mali, Philippines and Namibia. It also has one in development in Colombia and another under exploration in Burkina Faso as well as other locations.That's a pretty good track record for just 13 years in the business. The company is also producing more than 1 million ounces a year currently.Remember that mining gold (or anything else for that matter) is like drilling for oil or farming. It's all about the difference between what it costs for you produce it and how much people will pay for it. The lower the cost of production, the higher your margins.That's why many mining operations are in far-flung countries where labor is cheap and regulations aren't as onerous. There are other costs to operating in middle of nowhere, but that's the balancing act these companies play to grow their profits.The stock is up 94% in the past year and almost 30% year to date. DRDGold Ltd (DRD)Source: Shutterstock Slime dams and sand dumps. That's how South African DRD makes most of its money. The stock is up 439% in the past 12 months and 89% year to date.Granted, the stock is relatively small, sitting at an $813 million market cap after that massive move. It's positively tiny, in fact, compared to the large-caps I target at Growth Investor.But the fact is DRD has a reliable, low-cost way to add to gold reserves. It cleans up mines -- more accurately their slime dams and sand dumps -- after other miners have left.Just like in oil fields, most firms don't extract all the gold that a mine might have. Their equipment isn't built to grab it all. DRD specializes in getting tailings left by other miners. That means no exploration costs or risks. And, the country will pay to have you do a bit of cleaning. * 20 Stocks to Buy If You're Still Betting on America to Thrive It may not be a conventional business model, but it's kept them in business for 125 years, so they're doing something right. And the stock has a 2.2% even after its huge run. Kinross Gold (KGC)Source: Shutterstock This Canadian company is one of the top gold miners in the world. It operates 3 mines in the US, and 1 each in Chile, Brazil, Mauritania, Ghana and Russia.Last year it produced 2.5 million ounces, with more than half of that coming from its operations in the Americas. Its sole Russian mine was slightly more than 20% of that production total.Its all-in sustaining costs were $983 an ounce, which means the rest is gravy. Of course some of that is put back into exploration and development. But that's a pretty sweet margin give that gold is around $1740 an ounce.KGC's market cap is around $8.7 billion at this point. The stock is up 133% in the past year and 54% year to date, but KGC is trading at a trailing P/E of 11 after that huge run, so it's still pretty cheap.I will say that cheap P/Es aren't everything. One key thing to keep in mind is that gold is not a growth investment. Remember, it's the investing equivalent of stashing cash under your mattress.If things get to a point where that becomes necessary, my readers will be the first to know. However, the United States in particular is incredibly resilient. And an elite level of stocks are still posting sales and earnings growth -- enough to make them "Strong Buys" for Growth Investor now. One of my favorites is positioned as a key hardware provider for artificial intelligence (AI). The AI Master KeyIf artificial intelligence sounds futuristic, even far-fetched -- well, keep in mind, you're already using it every day. If you've ever used Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google Assistant or Apple's (NASDAQ:AAPL) Siri … if you've had Netflix (NASDAQ:NFLX) recommend a movie or Zillow (NASDAQ:Z) recommend a house … even creating an email spam filter -- then you've used artificial intelligence.In this new world of AI everywhere, data becomes a hot commodity.As scientists find even more applications for artificial intelligence -- from hospitals to retail to self-driving cars -- it's incredible to imagine how much data will be involved.To create AI programs in the first place, tech companies must collect vast amounts of data on human decisions. Data is what powers every AI system. As one AI researcher from the University of South Florida puts it, "data is the new oil."To cash in, you'll want the company that makes the "brain" that all AI software needs to function, spot patterns, and interpret data.It's known as the "Volta Chip" -- and it's what makes the AI revolution possible. Even better, its stock has been a "strong buy" in my Portfolio Grader for weeks despite market volatility.You don't need to be an AI expert to take part. I'll tell you everything you need to know, as well as my buy recommendation, in my special report for Growth Investor, The A.I. Master Key. The stock is still under my buy limit price -- so you'll want to sign up now. That way, you can get in while you can still do so cheaply.Click here for a free briefing on this groundbreaking innovation.Louis Navellier had an unconventional start, as a grad student who accidentally built a market-beating stock system -- with returns rivaling even Warren Buffett. In his latest feat, Louis discovered the "Master Key" to profiting from the biggest tech revolution of this (or any) generation. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 7 A-Rated Gold Stocks to Buy For Your Portfolio Hedge appeared first on InvestorPlace.
- Oilprice.com
How To Play The Next Big Rally In Gold
The global impact of COVID-19 has been unprecedented and it is far from over, but for savvy investors there may be no better time to invest in “indirect” discount gold
- Zacks
Yamana Gold (AUY): Strong Industry, Solid Earnings Estimate Revisions
Yamana Gold (AUY) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- GlobeNewswire
Yamana Gold Provides an Update on Its Phase 2 Jacobina Expansion Including a 31% Increase in Production, Significant 10-Year Free Cash Flow Generation and Robust Project Economics with Low Capital of $57 Million
YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) is pleased to provide an update on the Phase 2 expansion of its Jacobina mine. The Phase 2 expansion strategically positions Jacobina to generate further value bringing forward cash flows and increasing its leverage to gold prices, while taking advantage of its exceptional geological potential, both near mine and regionally, supported by the operation’s impressive track record of discovery and conversion of mineral resources to mineral reserves, which continue to show positive results in 2020. The Phase 2 pre-feasibility study (“PFS”) case (“PFS Case”) is based on the mine’s current mineral reserves and includes a life of mine (“LOM”) of 11.5-years from the beginning of 2020.
- GuruFocus.com
3 Gold Miners to Benefit from the Gold Bull Market
Yamana Gold, Agnico Eagle Mines and Pretium Resources are well positioned to deliver robust cash flows Continue reading...
- Motley Fool
3 Gold Stocks to Buy in May
Golden flowers give way to green leaves, but don't let that stop you from considering these gold stocks for your portfolio.
- Zacks
Yamana Gold's Shares March Higher, Can It Continue?
As of late, it has definitely been a great time to be an investor in Yamana Gold.
- Zacks
Yamana Gold (AUY) is a Great Momentum Stock: Should You Buy?
Does Yamana Gold (AUY) have what it takes to be a top stock pick for momentum investors? Let's find out.
- Motley Fool
Yamana Gold Inc (AUY) Q1 2020 Earnings Call Transcript
For a complete discussion of the risks, uncertainties and factors, which may lead to actual financial results and performance being different from the estimates contained in the forward-looking statements, please refer to Yamana's press release issued earlier this morning announcing first quarter 2020 results as well as the management's discussion and analysis for the same period, and other regulatory filings in Canada and the United States. On a mine-by-mine basis, our 50% share of gold production at Canadian Malartic is now expected to be 275,000 ounces.
- GlobeNewswire
Yamana Gold Announces Voting Results From Annual Meeting of Shareholders
TORONTO, April 30, 2020 -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) herein announces the results of the votes held at the annual meeting of shareholders for the election of.
- GlobeNewswire
Yamana Gold Provides Revised 2020 Production Outlook
YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) herein provides its updated 2020 production outlook. The Company has revised total gold, silver and gold equivalent ounce (“GEO”) production expectations for 2020 as a result of the impact of COVID-19. Gold has had an exceptionally strong performance as a hedge against risk and the current negative interest rate yield environment, in relation to silver price, which has significantly increased the GEO ratios observed in the market, vis-à-vis initial guidance.
- GlobeNewswire
Yamana Gold Reports Strong First Quarter Production and Cash Flows; Increases Earnings and Further Reduces Net Debt; Raises Annual Dividend by a Further 25%
YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or “the Company”) is herein reporting its financial and operational results for the first quarter of 2020. The Company posted strong quarterly production and free cash flow while further reducing net debt. The Company has updated its 2020 guidance a separate announcement relating to which will follow.
- GlobeNewswire
Yamana Gold Increases Annual Dividend by 25% to $0.0625 Per Share; Third Dividend Increase in Past Year for Cumulative Total Increase of 213%
YAMANA GOLD INC. (TSX:YRI; NYSE:AUY) (“Yamana” or the “Company”) is pleased to announce that it has increased its annual dividend by a further 25% to $0.0625 per share, effective for the second quarter of 2020. This is the third dividend increase announced by Yamana in the past year, for a cumulative total increase of 213%. Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina.
- GlobeNewswire
Yamana Gold Announces the Grant of an Option With Joint Venture Rights in Respect of Its Suyai Property in Chubut Province Argentina
TORONTO, April 28, 2020 -- YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or the “Company”) is pleased to announce it has entered into a definitive option agreement (the.
- GlobeNewswire
Yamana Gold Announces Closing of Sale of Equinox Gold Shares and Warrants
YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) is pleased to announce it has closed its previously announced sale (the “Sale Transaction”) of 12,000,000 common shares of Equinox Gold Corp. (“Equinox”) and 6,000,000 warrants of Yamana to purchase common shares of Equinox to qualified purchasers for gross proceeds to Yamana of C$120,000,000 (see press release dated April 13, 2020). The shares and warrants were sold through Stifel GMP and Cormark Securities Inc. Each warrant entitles the holder thereof to acquire one additional common share of Equinox owned by Yamana at an exercise price of C$13.50 for a term of 9 months expiring on January 15, 2021.
