Yamana Gold (TSE:YRI) Shares Pass Above 50 Day Moving Average – Here’s Why

Yamana Gold Inc. (TSE:YRIGet Free Report) (NYSE:AUY) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$7.89 and traded as high as C$8.08. Yamana Gold shares last traded at C$7.89, with a volume of 23,617,779 shares traded.

Yamana Gold Stock Performance

The company’s 50 day simple moving average is C$7.89. The stock has a market cap of C$7.59 billion, a PE ratio of -5.72, a price-to-earnings-growth ratio of -0.78 and a beta of 1.29. The company has a debt-to-equity ratio of 23.61, a current ratio of 1.44 and a quick ratio of 1.25.

Yamana Gold Company Profile

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Yamana Gold Inc, together with its subsidiaries, operates as a precious metal producer. It has gold and silver production, development-stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.

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