Timmy Meyer and Manu Narra
Canadian based gold producer Owns property in Argentina, Mexico, Chile, Brazil and Central America Produces gold and other precious metals at an intermediate company production level Has 4,468 employees Produced over 1 million gold equivalent ounces in 2008 (289,574 in Q2, 2009) 10 th largest gold producer
Sector: Basic Materials Industry: Gold and Silver (mining) A few major competitors: o Barrick Gold Corp. USA (ABX) o Goldcorp inc. (GG) o Kinross Gold Corp. USA (KGC)
Barrick, the largest gold mining company, paid $5.6 billion this Q3 to pay off speculative gold sales it made in the past. Kinross has lowered their estimates for gold production. Yamana sets an industry low for the cost per ounce for the production of gold.
Committed to responsible growth Developed the Yamana Integrated Management System (SYG) – a philosophy to achieve the greatest health and safety, community relationship, environmental and operational practices. By 2010 they plan to cut fossil fuel use, solid waste generation, fresh water consumption and power usage each by 10% from 2007.
52 week: Vol Avg.: 19.39M Mkt cap: 7.93B P/E: Div/yield: 0.01/0.37 EPS: 0.60 Shares: M Beta: 0.94 Inst. Own: 49%
Rounded company that mines not only gold, but silver and copper too. Well established in South and Central America with 6 core operations, 3 “other” operations and 5 development / exploration operations. Planning to maintain an outlook of at least 1.1 million gold equivalent ounces produced in 2010 and beyond Upgraded to outperform by BMO capital
It is a gold stock: o Has uses other than being a currency, such as jewelry and industrial applications. o It is a safe bet during political and economically uncertain times. o When the value of paper currencies goes down, the price of gold generally rises (inflation). o The price of gold has increased steadily.
Buy at market price Sell at the end of the quarter
competitors.xhtml competitors.xhtml Many Articles from Christopher Barker on The Motley Fool, including: gold-strike- again.aspx?logvisit=y&source=eedmsnlnk &published= gold-strike- again.aspx?logvisit=y&source=eedmsnlnk &published= irony-of-paltry-gold-profits.aspx irony-of-paltry-gold-profits.aspx GVPnV8zc GVPnV8zc &symbol=AUY×tamp=