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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
Post by Cersy83on Nov 12, 2014 8:30am
244 Views
Post# 23119688

Insider activity

Insider activity

Insider activity looks suspicious to me. 2 large insider sales at $4.15 and $4.33. If the market has really overreacted to Yamana's Q3 results and the state of the gold industry, then why sell at those prices? Peter Marrone with a purchase of over 40K shares to me doesn't mean much considering how much he makes each year. This is a drop in the bucket for him. This is simply my opinion but I think there are much better gold plays out there, including Eldorado and Detour Gold.

 

Nov 10/14 Nov 7/14 Marud, Darcy Edward Direct Ownership Common Shares 10 - Disposition in the public market -38,702 $4.33
Nov 7/14 Nov 7/14 Marrone, Peter Direct Ownership Common Shares 10 - Acquisition in the public market 40,577 $4.14
Nov 10/14 Nov 6/14 Wulftange, William Direct Ownership Common Shares 10 - Disposition in the public market -20,621 $4.15
Bullboard Posts