Yamana Gold Inc
Latest Yamana Gold Inc News and Updates
MiscellaneousMining Stocks’ Relative Strength Index Hits Rock Bottom
The rise and fall of precious metals also significantly impact mining-based leveraged funds like the Direxion Daily Gold Miners (NUGT) and Proshares Ultra Silver (AGQ). MiscellaneousHow Silver-Based Funds Plunged Their Way through April 2017
Precious metals were doing considerably well until the first half of April 2017. As investors’ risk appetites revived, haven assets slumped. Among these metals, silver has plummeted the most. MiscellaneousReading the Mining Stocks’ Falling RSI Numbers
Newmont Mining, Silver Wheaton, Randgold, and Yamana have RSI levels of 45.5, 37.1, 41.2, and 43.0, respectively. Real InsightsWhy Gold Stocks Edged Higher after Rate Hike
After remaining subdued for the past few months, gold futures last week recorded their highest weekly gain of 2.4% since February 3. Macroeconomic AnalysisHow Did Mining Stocks Correlate with Gold in March 2017?
Yamana’s correlation with gold has increased from a three-year correlation of ~0.74 to a one-year correlation of ~0.80. Macroeconomic AnalysisMining Stock RSI levels: What the Indicators Suggest
NUGT and AGQ have seen YTD rises of 18.6% and 27.5%, respectively. But the volatility of such mining funds can be higher than that of precious metals. Company & Industry OverviewsHow Big Is the US Debt Compared to Other Nations?
Japan leads the nations with its rising debt-to-GDP ratio. The United States is in seventh place. Macroeconomic AnalysisAnalyzing the Upward-Downward Correlation of Precious Metals
Mining companies with high correlations to gold include Randgold Resources (GOLD), Yamana Gold (AUY), Pan American Silver (PAAS), and Coeur Mining (CDE). Earnings ReportThis Is Barrick Gold’s Focus: To Improve Free Cash Flow
Barrick Gold’s (ABX) management has defined value creation for shareholders in terms of FCF (free cash flow) per share. Macroeconomic AnalysisWhy Gold and the US Dollar Are Moving in Opposite Directions
Gold prices tumbled on Tuesday, February 14, as the US dollar rose after the US Federal Reserve chair, Janet Yellen, seemed optimistic about raising interest rates. Macroeconomic AnalysisHow the Gold-Platinum Spread Could Move More
The demand for platinum has been very fragile over the past few years, affected by the reduced market forecast for sales of diesel-based vehicles. Macroeconomic AnalysisAnalyzing the Volatility of Miners in February 2017
Call implied volatility takes into account the changes in an asset’s price due to variations in the price of its call option. Macroeconomic AnalysisAnalyzing the Gold-Platinum Ratio in 2017
The gold-platinum spread was ~1.2 on January 11, 2017. Platinum’s RSI (relative strength index) was 38. Macroeconomic AnalysisHow Has the Gold-Silver Ratio Trended in 2016?
Gold and silver have been strong for the past few days. However, silver has substantially outperformed gold year-to-date. Macroeconomic AnalysisWhy the Gold-Palladium Spread Is Falling Drastically
Palladium has seen a YTD rise of a whopping 32.5%, which is higher than the rise in platinum, silver, and gold. Earlier, palladium was underperforming its precious metal peers. Macroeconomic AnalysisHow Palladium Outperformed Gold: The Gold-Palladium Spread
Palladium has seen a year-to-date rise of a whopping 32.5%, which is higher than the rise in platinum, silver, and gold. Earlier, palladium was underperforming its precious metal peers. Company & Industry OverviewsWhat Tasiast Mine Being Back in Full Swing Means for Kinross Gold
Kinross Gold (KGC) announced in June 2016 that it was temporarily halting its mining and processing activities at the Tasiast mine in Mauritania. Macroeconomic AnalysisWhy Mining Stocks Are Rising post-Brexit
Friday was important. Gold rose to a two-year high due to additional haven bids on the Brexit referendum. Earnings ReportWhat Will Barrick Gold’s Focus on Its 4 Priorities Achieve?
Barrick Gold (ABX) wants to achieve positive free cash flow even at a gold price of $1,000 per ounce. Company & Industry OverviewsBarrick’s Focus on Costs Places It Favorably on Gold’s Cost Curve
Barrick Gold achieved all-in sustaining costs of $831 per ounce for 2015. This AISC was below the 40th percentile of the global industry cost curve. Company & Industry OverviewsGold Miners Are Cutting Down on Risky Geographical Exposure
While gold miners (GDX) are trying hard to limit their exposure to safe jurisdictions, it’s important to look at their geographic exposure and the implications it could have on their future prospects. Macroeconomic AnalysisGold Touched Its Lowest Levels in the Last Six Years on Wednesday
Gold futures trading on COMEX, the commodity division of the New York Mercantile Exchange, fell 0.91% on December 2, 2015. Also, platinum fell 0.36%. Macroeconomic AnalysisHow the Fed Interest Rate Hike Is Expected to Affect Gold Prices
The Fed rate hike has been a major driver for gold prices since mid-2015. Higher interest rates usually diminish gold’s appeal due to its non–interest yielding nature. Macroeconomic AnalysisWhat Can You Learn from the Recent Gold Price Swings?
After getting a good start to the year—driven by strong demand from Asia, the Greek crisis, and the Swiss currency cap removal—gold prices started pulling back in April. Company & Industry OverviewsComp: A Look at Gold Miners’ 2Q15 Production Profile
Gold miners’ (GDX) production profile is very important for investors. According to the WGC, gold mine production rose by 3% YoY to 786.6 tons in 2Q15. Company & Industry OverviewsComp: Which Gold Miners Expect Production Growth Going Forward?
Yamana Gold (AUY) expects higher gold production in the second half of the year compared to the first half of the year. It’s expected to be more than 15% higher. Company & Industry OverviewsComp: Do Gold Miners with an Exposure to Copper Face Downside?
Newmont Mining (NEM) has exposure to gold and copper. In 2Q15, it generated 18% of its revenue from copper. The rest of its revenue was from gold sales. Earnings ReportInvestors Are Excited about Barrick Gold’s 2Q15 Results, but Why?
In this series, we’ll analyze Barrick Gold’s 2Q15 results. Barrick stock reacted positively to its earnings report, its improved cost guidance, and its progress toward reducing its debt. Macroeconomic AnalysisUS Employment Report: Will It Keep the Hopes of a Rate Hike Going?
Since the current set of data were better than the market expectations, the market’s hopes for a September rate hike are still on. Macroeconomic AnalysisRate Hike Expectations: How They Shape the Price of Gold
An interest rate hike by the Fed will lead to pressure on the price of gold. When alternative investments are attractive due to an increase in the interest rate, money flows from gold. Macroeconomic AnalysisRussia on Gold Buying Spree, El Salvador Surprises with Sell-Off
After a break of two months, Russia resumed its gold buying spree in March, buying close to 30 tons of gold. Since 2005, Russia’s gold reserves have nearly tripled. Macroeconomic AnalysisWhat Do Declining US Real Interest Rates Mean for Gold?
Gold is used as an investment alternative because investors perceive it as a way to protect money’s purchasing power.