Yamana Gold Inc. (USA) (NYSE:AUY) has been upgraded to Neutral in a statement by Dundee Securities today.
- Updated: October 14, 2016
Dundee Securities has upgraded Yamana Gold Inc. (USA) (NYSE:AUY) to Neutral in a report released on 10/14/2016.
Having a price of $3.67, Yamana Gold Inc. (USA) (NYSE:AUY) traded -1.73% lower on the day. With the last stock price down -21.41% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. AUY has recorded a 50-day average of $4.30 and a two hundred day average of $4.70. Trade Volume was down over the average, with 12,108,172 shares of AUY changing hands under the typical 18,392,000
Recent Performance Chart
Yamana Gold Inc. (USA) has with a 52 week low of $1.38 and a 52 week high of $5.99 and has a market cap of $0.
In addition to Dundee Securities reporting its target price, a total of 18 brokers have issued a report on the stock. The consensus target price is $5.25 with 0 brokers rating the stock a strong buy, 7 brokers rating the stock a buy, 8 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Yamana Gold Inc. (USA) (NYSE:AUY)
Yamana Gold Inc. (Yamana) 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's segments 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. The Company's Corporate and other segment includes Minera Florida mine in Chile and Alumbrera mine in Argentina. The Company's principal product is gold. The Company is also engaged in the development of additional projects, including Cerro Moro Project (Argentina), Agua Rica Project (Argentina), Suyai Project (Argentina) and Monument Bay Project (Canada). The Company, through its subsidiary, Brio Gold Inc., holds certain assets, including Pilar mine, Fazenda Brasileiro mine and C1 Santa Luz project.