Tuesday, May 5, 2015

Yamana Gold Inc. (TSX:YRI)(NYSE:AUY): Is Yamana Gold Inc. the Top Stock Under $5 to Buy Today?

Yamana Gold Inc. (TSX:YRI)(NYSE:AUY), one of world’s largest producers of gold, announced first-quarter earnings results after the market closed on April 28, and its stock has responded by falling about 5% in the trading sessions since. Let’s break down the quarterly results to determine if we should consider using this weakness as a long-term buying opportunity, or as a warning sign.
A quarter of mixed growth
Here’s a breakdown of Yamana’s fourth-quarter earnings results compared with its results in the same quarter a year ago. All figures are in U.S. dollars.  (more)

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