Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With AUY Stock Today?
Yamana Gold Inc (AUY) stock is down -0.34% while the S&P 500 has gained 0.59% as of 1:20 PM on Friday, Oct 15. AUY is lower by -$0.02 from the previous closing price of $4.38 on volume of 8,177,969 shares. Over the past year the S&P 500 has gained 27.97% while AUY is lower by -29.17%. AUY earned $0.18 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 24.63.
To screen for more stocks like Yamana Gold Inc click here.
More About Yamana Gold Inc
Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's portfolio includes five operating gold mines and various advanced and near development stage projects and exploration properties in Canada, Brazil, Chile, and Argentina. The projects of the company include Jacobina Mining Complex, El Penon Mine, Canadian Malartic Mine, Cerro Moro Mine, and Minera Florida Mine.
Click Here to get the full Stock Report for Yamana Gold Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
