Chart of the Day - Yamaha Gold (AUY)

The "Chart of the Day" is Yamaha Gold (AUY), which showed up on Thursday's Barchart "All-Time High" list. Yamaha Gold on Thursday posted a new all-time high of $20.50 and closed up +1.29%. TrendSpotter just turned long again on Nov 1 at 20.08 after taking a profit on a long trade held from mid-August to mid-October. In recent news on the stock, RBC Capital on Nov 6 initiated coverage on Yamaha Gold with an Outperform and a target of $25. CIBC on Oct 31 upgraded Yamaha Gold to Sector Outperformer from Sector Performer. Scotia Capital on Oct 18 upgraded Yamaha Gold to Outperform from Sector Perform. Barclays on Oct 16 initiated coverage on Yamaha Gold with an Overweight and a target of $25. Morgan Stanley on Oct 10 initiated coverage on Yamaha Gold with an Overweight and a target of $25. Yamaha Gold, with a market cap of $14 billion, is a Canadian gold producer with significant gold production, gold and copper-gold development stage properties, exploration properties and land positions in all major mineral areas in Brazil.