Shares of Yamana Gold (NYSE:AUY) Sees Large Inflow of Net Money Flow

Yamana Gold (NYSE:AUY) dropped slightly amid mild profit booking and the last known price was $4.81 per share. The price decreased by -0.18 points or -3.61% which made the investors to buy on weakness. For the latest trading session, the net money flow was recorded at $4.3 million. The total upticks were valued at $13.03 million and the total downticks aggregated to $8.73 million, thereby putting the up/down ratio at 1.49,. The shares have seen a change in the share price of 0.21% on a weekly basis.In a big block trade which occurred today, the total uptick value was $4.21 million and the total downtick value was $1.37, resulting in an up/down ratio of 3.08. The net money flow for the block trade was calculated to be $2.84 million.


Currently the company Insiders own 2.7% of Yamana Gold shares according to the proxy statements. Institutional Investors own 47.97% of Yamana Gold shares.

Yamana Gold (NYSE:AUY) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.11 points or 2.2% at $4.88 with 16,025,402 shares getting traded. Post opening the session at $5.23, the shares hit an intraday low of $4.77 and an intraday high of $5.23 and the price was in this range throughout the day. The company has a market cap of $4,623 million and the number of outstanding shares have been calculated to be 947,300,000 shares. The 52-week high of Yamana Gold (NYSE:AUY) is $5.36 and the 52-week low is $1.38.

Many analysts have stated their opinion on the company shares. Major Brokerage house, BMO Capital upgrades its ratings on Yamana Gold (NYSE:AUY). According to the latest information available, the shares are now rated Outperform by the analysts at the agency. Previously, the analysts had a Market Perform rating on the shares. The rating by the firm was issued on May 12, 2016.

Yamana Gold Inc. is a Canada-based gold producer. The Company is engaged in gold mining and related activities, including exploration, extraction, processing and reclamation. The Companys production mines include Chapada, Brazil; El Penon, Chile; Canadian Malartic, Canada; Mercedes, Mexico; Gualcamayo, Argentina; Jacobina, Brazil; Minera Florida, Chile, and Other Producing Mines. Its development properties include Cerro Moro, Agua Rica and Suyai in Argentina. The Company has a total gold proven and probable mineral resource of around 18.750 million tons at Alumbrera, 126.95 million tons at Canadian Malartic, 509.15 million tons at Chapada, 1.96 million tons at Cerro Morro, 10.41 million tons at El Penon, 29.16 million tons at Gualcamayo, 22.85 million tons at Jacobina, 8.68 million tons at Jeronimo, 4.01 million tons at Mercedes, 7.89 million tons at Minera Florida, 24.03 million tons at C1-Santa Luz, 2.05 million tons at Fazenda Brasileiro and 10.58 million tons at Pilar.

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