Prospecting for Gold at Yamana
Editor's note: This Stocks Under $10 alert was originally sent to subscribers Nov. 13 at 3:30 p.m. EST. It's being republished as a bonus for TheStreet.com and RealMoney.com readers. The author, Larsen Kusick, is part of TheStreet.com Stocks Under $10 Investment Team.
When we spot a great opportunity, we will occasionally review or even add a name that trades slightly above $10 to the Stocks Under $10 model portfolio. Yamana Gold(AUY Quote), currently trading at $11.28, looks like a strong prospect for the model portfolio on a pullback. So let's take a detailed look at this Toronto-based South American mine operator.
With its aggressive plan for production growth, Yamana is particularly interesting because of its combination of untapped in-ground assets and un-hedged position in gold. The company has six operating mines in Brazil and another in Honduras, along with a number of development-stage properties and land positions, mainly in Brazil. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,388.90 | 1,105.98 | 2,194.35 | 34.83 |
Oil *
77.74
|
|
UP
22.75
|
UP
6.06
|
UP
21.21
|
UP
1.03
|
10 Yr
3.48%
SPDR Gold
113.75
|
|
+0.22%
|
+0.55%
|
+0.98%
|
+3.05%
|
Data delayed 20 minutes |
Connect with TheStreet