Yamana Gold Inc. (AUY): Today's Featured Basic Materials Winner

Yamana Gold (AUY) pushed the Basic Materials sector higher today making it today's featured basic materials winner. The sector as a whole closed the day down 1.2%. By the end of trading, Yamana Gold rose 18 cents (1.1%) to $16.30 on average volume. Throughout the day, 7.3 million shares of Yamana Gold exchanged hands as compared to its average daily volume of 7.2 million shares. The stock ranged in a price between $16.09-$16.62 after having opened the day at $16.28 as compared to the previous trading day's close of $16.12. Other companies within the Basic Materials sector that increased today were: USEC (USU), up 25.1%, Altair Nanotechnologies (ALTI), up 13.3%, Double Eagle Petroleum Company (DBLE), up 12.7%, and HyperDynamics Corporation (HDY), up 10.4%.

Yamana Gold Inc. engages in the exploration, development, and production of mineral properties, primarily gold. It also explores for copper, molybdenum, zinc, and silver metals. Yamana Gold has a market cap of $11.69 billion and is part of the metals & mining industry. The company has a P/E ratio of 20.4, equal to the average metals & mining industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 9.5% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Yamana Gold a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Yamana Gold as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, increase in net income and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

• You can view the full Yamana Ratings Report.

On the negative front, Midstates Petroleum (MPO), down 13.3%, Patriot Coal Corporation (PCX), down 12.4%, ATP Oil & Gas (ATPG), down 12.3%, and New Concept Energy (GBR), down 10.8%, were all losers within the basic materials sector with Schlumberger (SLB) being today's basic materials sector loser.

• Use our basic materials section to find sector-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the basic materials sector could consider Materials Select Sector SPDR (XLB) while those bearish on the basic materials sector could consider ProShares Short Basic Materials Fd (SBM).

• Find other investment ideas from our top rated ETFs lists.

For more information on Yamana Gold Inc click any of the following:

• Yamana Gold Inc Stock Price

• Yamana Gold Inc Analyst Ratings

• Yamana Gold Inc Key Stats & Profile

• Yamana Gold Inc Earnings

• Yamana Gold Inc Ratio Comparison

• Yamana Gold Inc Growth Rates

• Yamana Gold Inc Balance Sheet

• Yamana Gold Inc Cash Flow

• Yamana Gold Inc Income Statement