NEW YORK (TheStreet) -- Shares of Yamana Gold (AUY - Get Report) were advancing in late-morning trading on Monday even though gold prices were trading in the red.

For December delivery, gold was down 0.53% to $1,327.50 per ounce on the COMEX this morning.

Gold prices were declining amid pressure from speculation of a possible interest rate hike this month, Reuters reports.

The precious metal is non-interest paying and can have difficulty competing with assets that bear a yield when interest rates are raised.

Comments from Federal Reserve officials kept expectations for a rate increase alive despite recent disappointing economic data.

After Boston Fed President Eric Rosengren spoke on Friday, odds of a rate hike this month increased to 30% probability from 24% prior to his comments, Reuters noted.

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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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