Yamana Gold Reports Updated Mineral Reserves and Mineral Resources Highlighting the Sustainability of Its Production Platform
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 |
TORONTO, March 29, 2023 -- Yamana Gold Inc. herein provides its updated mineral reserve and mineral resource estimates as at December 31, 2022
Read at benzinga.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.
Return On Asset
Return On Asset Comparative Analysis
Yamana Gold is currently under evaluation in return on asset category among its peers. Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
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
HMY | Harmony Gold | 6.11 | ||||
IAG | IAMGold | 3.55 | ||||
KGC | Kinross Gold | 1.74 | ||||
BTG | B2Gold Corp | 1.49 | ||||
GFI | Gold Fields | 1.25 | ||||
AU | AngloGold Ashanti | 0.98 | ||||
EGO | Eldorado Gold | 0.73 | ||||
FNV | Franco Nevada | 0.20 | ||||
AEM | Agnico Eagle | 0.26 | ||||
NEM | Newmont Goldcorp | 0.58 | ||||
WPM | Wheaton Precious | 0.64 | ||||
PAAS | Pan American | 0.69 |
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 Volatility Analysis module to get historical volatility and risk analysis based on 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.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
ETF Categories List of ETF categories grouped based on various criteria, such as the investment strategy or type of investments | |
Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
Price Transformation Use Price Transformation models to analyze the depth of different equity instruments across global markets | |
Earnings Calls Check upcoming earnings announcements updated hourly across public exchanges |