Stock Talk
Yamana Gold (AUY) has been kind of an interesting stock to watch from the sidelines the past few months. It has been range bound in the upper levels of its historical chart in the 5's and 6's. Yamana seems to be delivering with higher gold and silver production and raised their annual dividend by 50%.
I have observed that when AUY reaches the mid 6's , it sells off back to the 5's. Thus, I viewed AUY as a swing trader stock. However, with increased production, higher gold and silver prices and the increased dividend , it leaves me wondering if AUY will finally breakout past the 6 's range.
THIRD QUARTER 2020 PRODUCTION RESULTS
| Third Quarter 2020 Preliminary Production | |
| GEO Production (oz.) | 240,466 |
| Gold Production (oz.) | 201,772 |
| Silver Production (oz.) | 3,040,341 |
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AUY is on my watch list as a possible "some " stock.
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ALL in my humble opinion, scroll down and read more..
This site does NOT make Buy / Sell recommendations.
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