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NEW YORK (TheStreet) -- Shares of Yamana Gold (AUY) - Get Yamana Gold Inc. Report were increasing in mid-morning trading on Wednesday as gold prices gained.

For December delivery, gold was up 0.46% to $1,352.90 per ounce on the COMEX this morning.

The price of the yellow metal was advancing on a weaker dollar. Gold is more expensive to foreign currency holders when the greenback is strong.

"It's a noisy trading without trend. With a falling dollar, we would see short term rise in gold and silver prices," Jiang Shu, chief analyst at Shandong Gold, told Reuters.

"The dollar is due for a rising trend and the gold rally, although it has some short term upside, can't last very long," Shu added.

Toronto-based Yamana is a gold and copper exploration company that operates seven mines and oversees several ongoing development projects in Brazil, Argentina and Chile.

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(Yamana is held in David Peltier's Stocks Under $10 portfolio. See all of his holdings with a free trial.)

Separately, TheStreet Ratings Team has a "Sell" rating with a score of D+ on the stock.

This is driven by a number of negative factors, which should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks covered.

Among the areas the team believes are negative, one of the most important has been an overall disappointing return on equity.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.

You can view the full analysis from the report here: AUY

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