What is the Market's View on Yamana Gold Inc (AUY) Stock's Price and Volume Trends Wednesday?

Wednesday, November 10, 2021 10:34 AM | InvestorsObserver Analysts

Mentioned in this article

What is the Market's View on Yamana Gold Inc (AUY) Stock's Price and Volume Trends Wednesday?

The market has been high on Yamana Gold Inc (AUY) stock recently. AUY gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Yamana Gold Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on AUY!

See Full AUY Report

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With AUY Stock Today?

Yamana Gold Inc (AUY) stock has gained 3.87% while the S&P 500 is lower by -0.09% as of 10:19 AM on Wednesday, Nov 10. AUY has gained $0.16 from the previous closing price of $4.27 on volume of 7,585,347 shares. Over the past year the S&P 500 has gained 31.84% while AUY is lower by -20.75%. AUY earned $0.15 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 30.15.

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.