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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 RichyRich$on Jul 20, 2015 9:45pm
118 Views
Post# 23943157

RE:Gold down past year 15%! Yamana down 77%! CEO gets bonus?

RE:Gold down past year 15%! Yamana down 77%! CEO gets bonus?Gasman... I saw that stat too. That's why I don't care about Material girls B.S. fundamental this n that. A 6 year old can tell you if gold only dropped 15% year to year and Yamana 75% for no significant reason. Time to load up !!! Also the longterm trendline from the 2013 low is now kissing the lower trendline and ready to pounce. Its good to look at overall fundamentals like Enterprises Value/EBITDA under 10 at 8 and price to book a crazy good deal at .32. Just a quick look at the main fundamental ratios but not to dwell on it. Best to look at technical analysis from here on. But Yamana is fundamentally well and $800 AISC per ounce and growing ounce production. They can weather out low gold. I also read a few articles online and newsletters that Yamana is extra conservative on mine resource estimates. Meaning the crazy low .33 price to book should be accurate. Especially since that already reflects the Brio gold write down. The analysts also have a consensus buy recommendation. This is a no brainer buy for anyone just starting. ... or for us to add to our position. also look at the Philly and Gold Bugs Index. $HUI and $XAU I believe. It represents all small to major miners globally. Its all at multi decades lows. Not just Yamana. Money will flow back into the sector hard. But I agree... might as well fire Marone !!!!! Ha ha ha. Cheers.
Bullboard Posts