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YAMANA GOLD (YAU)     

goldfinger - 13 Feb 2009 01:45

Yamana Gold listed on the US, Uk and Canadian stock markets.

The Yamana Web site gives the following for price quote:- (ALL 3 EXCHANGES)

AUY: NYSE (US$) YRI: TSE (CDN$) YAU: LSE

Stock Quote: NYSEPrice 9.13 Change +0.02
Volume 10,259,657 % Change +0.22%
Intraday High 9.24 52 Week High 19.93
Intraday Low 8.99 52 Week Low 3.31
Today's Open 9.18 Previous Close 9.11
Feb 12 2009 11:07 AM Pricing delayed 20 minutes

Stock Quote
AUY: NYSE (US$) YRI: TSE (CDN$) YAU: LSE

Stock Quote: LSEPrice 641.25 Change +11.25
Volume 16,767 % Change +1.79%
Intraday High 641.25 52 Week High 0.00
Intraday Low 618.00 52 Week Low 0.00
Today's Open 640.50 Previous Close 630.00
Feb 12 2009 10:44 AM Pricing delayed 20 minutes

Stock Quote
AUY: NYSE (US$) YRI: TSE (CDN$) YAU: LSE

Stock Quote: TSEPrice 11.41 Change +0.17
Volume 4,757,306 % Change +1.51%
Intraday High 11.50 52 Week High 19.79
Intraday Low 11.22 52 Week Low 4.29
Today's Open 11.36 Previous Close 11.24
Feb 12 2009 11:39 AM Pricing delayed 20 minutes

Long Term Chart



Operating Outlook

http://www.investegate.co.uk/Article.aspx?id=20090113070004M1472

Fundies

Yamana Gold Inc Forecasts

Year Ending Revenue ($Cm) Pre-tax ($Cm) EPS P/E PEG EPS Grth. Div Yield

31-Dec-08 1,509.57 412.78 53.76 21.2 n/a -20% 10.10 1.0%
31-Dec-09 1,834.52 636.01 56.55 20.1 3.9 +5% 10.75 1.0%
31-Dec-10 1,996.99 688.40 67.26 16.9 0.9 +19% 10.80 0.9%

Broker Recommendations

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 4
Sell 1
Strong Sell 0

Total 17

High Beta and can be volatile.

DYOR.











goldfinger - 13 Feb 2009 01:46 - 2 of 25

Gold sets record highs as global stocks slide
Thu Feb 12, 2009 2:10pm EST

http://www.reuters.com/article/hotStocksNews/idUSTRE51B0XG20090212

mitzy - 13 Feb 2009 06:58 - 3 of 25

I'm keeping an eye on these gf already holding RRS.

goldfinger - 13 Feb 2009 08:45 - 4 of 25

Yep mitzy they look way undervalued.

Ive got a broker note somewhere and will post it when I find it.

goldfinger - 13 Feb 2009 15:44 - 5 of 25

13/02/2009

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 4
Sell 1
Strong Sell 0

Total 17


http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=53550

cynic - 13 Feb 2009 16:05 - 6 of 25

BOYO .... don't think this is one of your better choices ..... volumes are minute, averaging only 10k a day ..... spread is pretty heavy at 605/635 ..... somewhere at the back of my mind, perhaps false, is that this was a very dodgy company several years back

i would say that CEY is a much better buy ..... HOC, not too sure at current level, but may be a bit more obvious by monday morning ..... ORE - well, need i say (m)ore!

goldfinger - 13 Feb 2009 16:07 - 7 of 25

LOL, we shall see.

goldfinger - 13 Feb 2009 16:08 - 8 of 25

By the way just look at that lovely chart up yond above.

goldfinger - 13 Feb 2009 16:12 - 9 of 25

Another take on that lovely chart..

cynic - 13 Feb 2009 16:37 - 10 of 25

chart damn well should be good ..... can't be many gold miners whose shares have slumped of late, but i do find the lack of trading volume of great concern, not least because it implies dreadful liquidity and thus an inability to exit as/when one wants at a sensible price ..... i think even 1000 shares could cause indigestion

goldfinger - 17 Feb 2009 09:35 - 11 of 25

Lovely Broker note...

http://seekingalpha.com/article/120839-yamana-gold-primed-to-keep-its-tier-1-status

cynic - 17 Feb 2009 14:12 - 12 of 25

sorry GF, but i really do disagree with you about this stock, or at least trading same through london.
good as the underlying company almost certainly is, it is suicidal trying to trade it through london where the daily volume is negligible ..... you are just asking for trouble.
i would also pint out that the underlying price is already at C$ 11.00 which is the target price suggested in the link you give.

goldfinger - 17 Feb 2009 14:41 - 13 of 25

ahhhhh not trading them through London, bought the Yank side of the job.

Going pretty well cyners if you have a look at the moment.

Plus have a broker note which explains why they are worth far more.

keep your eyes peeled and your plums boiling.

goldfinger - 17 Feb 2009 14:41 - 14 of 25

Certainly looks like the goldie to be on today with a lack lustre performance elsewhere....

http://an ADVFN competitor.uk-wire.com/cgi-bin/articles/20090212110001M3606.html

Yamana Gold Provides Mercedes Pre-Feasibility and Ernesto/Pau-a-Pique Scoping Study Results and Further Update

cynic - 17 Feb 2009 14:46 - 15 of 25

if you mean this .......
The analyst continues to believe Yamana shares are oversold and maintained his "outperform" rating and C$11 price target ......
then the target has been hit

goldfinger - 17 Feb 2009 14:50 - 16 of 25

http://seekingalpha.com/article/118622-

yamana-gold-should-offer-plenty-of-upside-in-2009-dundee-capital


Yamana Gold Should Offer Plenty of Upside in 2009

- Dundee Capital 5 comments
by: FP Trading Desk February 05, 2009

Yamana Gold Inc. (AUY) stacks up nicely against its gold producing peers and should offer investors plenty of upside in the coming year, says Dundee Capital Markets analyst Ron Stewart.

Mr. Stewart initiated coverage on Yamana late last week, rating the stock a "buy" with a C$13 price target, based in part on a gold price assumption of $725 per ounce.

Gold was trading at $908 per ounce on Tuesday morning and some pundits of the yellow metal, including Eric Sprott of Sprott Asset Management, believe it could hit $2000 in the coming years.

"Yamana's share price suffered in 2008 due to integration concerns with acquisitions made in 2007 and its exposure to copper," the analyst said in a note to clients.

Based on our 2009 estimates, it currently trades at a 15.5x P/E multiple versus the peer average of 24.8x and a 9.9x P/CFPS versus the peer average of 15.0x. We submit that Yamana is under-valued in comparison to its peers offering investors a good entry point.

Mr. Stewart said Yamana can grow its commercial gold equivalent ounce production by 36% to 1.35 million ounces in 2009. By 2012, he expects production to hit 1.73 million ounces.

In addition, he said the gold producer will likely add 7 million ounce to its reserve/resource base, which will add about as much as C$1 to his net asset value for the company.

The analyst is also encouraged by an expected decline in the miner's exposure to copper, which has been a thorn in the company's side, due to the decimation of copper prices last year. In 2009, copper is estimated to represent 19% of Yamana's total pie, down from 36% in 2008.

Yamana Gold shares closed at C$9.48 on Monday, down C$.46 or 4.68%.

goldfinger - 17 Feb 2009 15:01 - 17 of 25

Mr. Stewart initiated coverage on Yamana late last week, rating the stock a "buy" with a C$13 price target, based in part on a gold price assumption of $725 per ounce.

Based on our 2009 estimates, it currently trades at a 15.5x P/E multiple versus the peer average of 24.8x and a 9.9x P/CFPS versus the peer average of 15.0x. We submit that Yamana is under-valued in comparison to its peers offering investors a good entry point.

goldfinger - 17 Feb 2009 15:21 - 18 of 25

Well you,ve missed out here cyners, moving along like split --it.

loads err money.

cynic - 17 Feb 2009 15:30 - 19 of 25

am happy enough with ORE and thus indirectly POG, but at a 10% discount

goldfinger - 17 Feb 2009 15:36 - 20 of 25

Yep so am I , ive got them both.

Loads err money.

goldfinger - 17 Feb 2009 15:37 - 21 of 25

All I need now is a box of 'Milk Tray'.
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