Yamana Gold (AUY) : During the past 4 weeks, traders have been relatively bearish on Yamana Gold (AUY), hence the stock is down -3.68% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -7.54% relative to the S&P 500. The 4-week change in the price of the stock is -3.31% and the stock has fallen -7.57% in the past 1 week.
Yamana Gold, Inc. is up 11.34% in the last 3-month period. Year-to-Date the stock performance stands at 183.02%. The stock has recorded a 20-day Moving Average of 7.01% and the 50-Day Moving Average is 3.86%.
Yamana Gold (NYSE:AUY): The stock opened at $5.36 on Friday but the bulls could not build on the opening and the stock topped out at $5.41 for the day. The stock traded down to $5.25 during the day, due to lack of any buying support eventually closed down at $5.25 with a loss of -4.20% for the day. The stock had closed at $5.48 on the previous day. The total traded volume was 22,114,567 shares.
Also, In a research note released to the investors, Barclays maintains its rating on Yamana Gold (NYSE:AUY).The analysts at the brokerage house have a current rating of Equal-weight on the shares. In a recent information released to the investors, Barclays raises the new price target from $4 per share to $6 per share. The rating by the firm was issued on August 8, 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.