Zacks Industry Outlook Highlights Barrick Gold, Royal Gold, AngloGold Ashanti and Yamana 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.
Yamana |
Barrick Gold, Royal Gold, AngloGold Ashanti and Yamana Gold are part of the Zacks Industry Outlook article.
Read at finance.yahoo.com
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.
Current Liabilities
Current Liabilities Comparative Analysis
Yamana Gold is currently under evaluation in current liabilities category among its peers. Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
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
AEM | Agnico Eagle | 0.50 | ||||
FNV | Franco Nevada | 1.02 | ||||
AU | AngloGold Ashanti | 1.24 | ||||
IAG | IAMGold | 1.27 | ||||
EGO | Eldorado Gold | 1.31 | ||||
WPM | Wheaton Precious | 1.36 | ||||
KGC | Kinross Gold | 1.85 | ||||
NEM | Newmont Goldcorp | 2.46 | ||||
GFI | Gold Fields | 2.48 | ||||
PAAS | Pan American | 2.87 | ||||
HMY | Harmony Gold | 2.94 | ||||
BTG | B2Gold Corp | 4.17 |
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 Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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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