Yamana Gold Inc. (AUY): Today's Featured Metals & Mining Winner

Yamana Gold ( AUY) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.1%. By the end of trading, Yamana Gold rose 18 cents (1.2%) to $15.04 on light volume. Throughout the day, 4.8 million shares of Yamana Gold exchanged hands as compared to its average daily volume of 6.7 million shares. The stock ranged in a price between $14.76-$15.17 after having opened the day at $14.85 as compared to the previous trading day's close of $14.86. Other companies within the Metals & Mining industry that increased today were: International Tower Hill Mines ( THM), up 9.4%, North American Palladium ( PAL), up 7.9%, Ossen Innovation ( OSN), up 7%, and Kingold Jewelry ( KGJI), up 5.9%.

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 $11.01 billion and is part of the basic materials sector. The company has a P/E ratio of 19.2, 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 0.4% year to date as of the close of trading on Friday. Currently there are 10 analysts that rate Yamana Gold a buy, no analysts rate it a sell, and four 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.

On the negative front, Alpha Natural Resources ( ANR), down 10.3%, Gold Reserve ( GRZ), down 5.5%, Silver Bull Resources ( SVBL), down 4.9%, and Minco Gold Corporation ( MGH), down 4.9%, were all losers within the metals & mining industry with Newmont Mining Corporation ( NEM) being today's metals & mining industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF ( XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN ( BOS).
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