Large Outflow of Money Witnessed in Yamana Gold

Yamana Gold (AUY) : The total money flow in Yamana Gold (AUY) was negative ($6.87 million), which signals selling by the traders on Fridays session. They trimmed their holdings by selling the stock on downticks to the tune of $28.81 million. In comparison, the inflow of money into the stock on upticks was $21.93 million. The uptick to downtick ratio was 0.76. Similarly, the block trades show selling by large traders on strength. The value of stocks sold down on downtick was $4.26 million. The value of transactions on uptick was $3.61 million. The negative money flow of ($0.64 million) confirms the selling in Yamana Gold (AUY) on strength. The uptick to downtick ratio of block trades was 0.85. Yamana Gold (AUY) gained $0.22 at $4.25, a gain of 5.46% over the previous days close. However, the stock registered -3.85% in the week.


The company Insiders own 2.7% of Yamana Gold shares according to the proxy statements. Institutional Investors own 49.95% of Yamana Gold shares.

Yamana Gold (NYSE:AUY): The stock opened at $4.45 and touched an intraday high of $4.58 on Friday. During the day, the stock corrected to an intraday low of $4.39, however, the bulls stepped in and pushed the price higher to close in the green at $4.57 with a gain of 7.53% for the day. The total traded volume for the day was 33,821,112. The stock had closed at $4.25 in the previous trading session.

Yamana Gold (AUY) has been under a strong bear grip, hence the stock is down -19.01% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.87% in the past 1 week. The stock has risen by 3.39% in the past week indicating that the buyers are active at lower levels, but the stock is down -19.12% in the past 4 weeks.

Yamana Gold Inc. is a Canada-based gold producer. The Company is engaged in gold mining and related activities, including exploration, extraction, processing and reclamation. The Companys production mines include Chapada, Brazil; El Penon, Chile; Canadian Malartic, Canada; Mercedes, Mexico; Gualcamayo, Argentina; Jacobina, Brazil; Minera Florida, Chile, and Other Producing Mines. Its development properties include Cerro Moro, Agua Rica and Suyai in Argentina. The Company has a total gold proven and probable mineral resource of around 18.750 million tons at Alumbrera, 126.95 million tons at Canadian Malartic, 509.15 million tons at Chapada, 1.96 million tons at Cerro Morro, 10.41 million tons at El Penon, 29.16 million tons at Gualcamayo, 22.85 million tons at Jacobina, 8.68 million tons at Jeronimo, 4.01 million tons at Mercedes, 7.89 million tons at Minera Florida, 24.03 million tons at C1-Santa Luz, 2.05 million tons at Fazenda Brasileiro and 10.58 million tons at Pilar.

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