Bear of the Day Equinox Gold

AUYDelisted Stock  USD 5.85  0.07  1.18%   
Slightly above 62% of Yamana Gold's investor base is looking to short. The analysis of current outlook of investing in Yamana Gold suggests that many traders are alarmed regarding Yamana Gold's prospects. Yamana Gold's investing sentiment can be driven by a variety of factors including economic data, Yamana Gold's earnings reports, geopolitical events, and overall market trends.
  
All that glitters is not gold with this stock.

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Yamana Gold Fundamental Analysis

We analyze Yamana Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Yamana Gold using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Yamana Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Cash And Equivalents

Cash And Equivalents Comparative Analysis

Yamana Gold is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.

Yamana Gold Potential Pair-trading

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Yamana Gold stock to make a market-neutral strategy. Peer analysis of Yamana Gold could also be used in its relative valuation, which is a method of valuing Yamana Gold by comparing valuation metrics with similar companies.

Peers

Yamana Gold Related Equities

HMYHarmony Gold   6.11   
0%
100.0%
IAGIAMGold   3.55   
0%
58.0%
KGCKinross Gold   1.74   
0%
28.0%
BTGB2Gold Corp   1.49   
0%
24.0%
GFIGold Fields   1.25   
0%
20.0%
AUAngloGold Ashanti   0.98   
0%
16.0%
EGOEldorado Gold   0.73   
0%
11.0%
FNVFranco Nevada   0.20   
3.0%
0%
AEMAgnico Eagle   0.26   
4.0%
0%
NEMNewmont Goldcorp   0.58   
9.0%
0%
WPMWheaton Precious   0.64   
10.0%
0%
PAASPan American   0.69   
11.0%
0%
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in employment.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Other Consideration for investing in Yamana Stock

If you are still planning to invest in Yamana Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Yamana Gold's history and understand the potential risks before investing.
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