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Yamana Gold Inc. AUY


Primary Symbol: T.YRI

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.


TSX:YRI - Post by User

Bullboard Posts
Comment by dwotherson Jun 28, 2007 7:35pm
416 Views
Post# 13016517

RE: what is the PE today ??

RE: what is the PE today ??Lol oilluber, I expect a stock to justify itself with earnings as well. As near as I can figure, going 4 quarters forward Yamana will make about 28c/share for the year, or a P/E of about 46. I quite agree with what you said about the tech stocks, but then, if you look at how well this whole Net Asset Values and Cash Flow thing has worked, well, isn't a big chunk of the gold market down by about 25% now? So it seems it has been experiencing a gradual decline to common sense rather then a perilous drop off... And even more interesting, if you look way back, to before 2000, gold stocks were trading on far more reasonable P/Es.
Bullboard Posts