Reliance Steel Rides on Solid Demand Investments

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.
  
Reliance Steel is seeing growing demands in its largest end-market, non-residential construction.

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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.

Shares Outstanding

Shares Outstanding Comparative Analysis

Yamana Gold is currently under evaluation in shares outstanding category among its peers. Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

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

AEMAgnico Eagle   0.50   
0%
11.0%
FNVFranco Nevada   1.02   
24.0%
0%
AUAngloGold Ashanti   1.24   
29.0%
0%
IAGIAMGold   1.27   
30.0%
0%
EGOEldorado Gold   1.31   
31.0%
0%
WPMWheaton Precious   1.36   
32.0%
0%
KGCKinross Gold   1.85   
44.0%
0%
NEMNewmont Goldcorp   2.46   
58.0%
0%
GFIGold Fields   2.48   
59.0%
0%
PAASPan American   2.87   
68.0%
0%
HMYHarmony Gold   2.94   
70.0%
0%
BTGB2Gold Corp   4.17   
100.0%
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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.

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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