November 25, 2016 - By Ellis Scott · 0 Comments
The stock of Yamana Gold Incorporated (NYSE:AUY) registered a decrease of 14.91% in short interest. AUY’s total short interest was 10.08 million shares in November as published by FINRA. Its down 14.91% from 11.85 million shares, reported previously. With 21.31 million shares average volume, it will take short sellers 1 days to cover their AUY’s short positions. The short interest to Yamana Gold Incorporated’s float is 1.07%. The stock decreased 5.16% or $0.16 on November 23, hitting $2.94. Yamana Gold Inc. (USA) (NYSE:AUY) has declined 30.99% since April 22, 2016 and is downtrending. It has underperformed by 36.40% the S&P500.
Yamana Gold Inc. is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Canada. The company has a market cap of $2.64 billion. The Company’s divisions include Chapada mine in Brazil, El Penon mine in Chile, Canadian Malartic mine in Canada (50% interest), Gualcamayo mine in Argentina, Mercedes mine in Mexico, Brio Gold Inc., and Corporate and other. It currently has negative earnings. The Company’s Corporate and other segment includes Minera Florida mine in Chile and Alumbrera mine in Argentina.
Out of 11 analysts covering Yamana Gold Inc. (NYSE:AUY), 5 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 45% are positive. Yamana Gold Inc. has been the topic of 23 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) has “Sector Perform” rating given on Friday, July 24 by IBC. The company was downgraded on Monday, January 18 by Raymond James. The firm has “Outperform” rating by Raymond James given on Monday, March 14. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) has “Overweight” rating given on Friday, December 11 by JP Morgan. The stock has “Sector Perform” rating given by RBC Capital Markets on Wednesday, February 3. As per Wednesday, November 4, the company rating was maintained by RBC Capital Markets. The firm has “Sell” rating by Goldman Sachs given on Wednesday, February 24. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) earned “Neutral” rating by JP Morgan on Wednesday, January 27. As per Friday, January 15, the company rating was downgraded by Raymond James. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) has “Equal-Weight” rating given on Thursday, January 14 by Barclays Capital.
Another recent and important Yamana Gold Inc. (USA) (NYSE:AUY) news was published by Fool.ca which published an article titled: “Yamana Gold Inc. Tries the IPO Route for Brazilian Asset Exit” on October 18, 2016.
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By Ellis Scott