The Traderszone Network

Published in TZ Latest News 24 July, 2017 by The TZ Newswire Staff

Why Yamana Gold Inc. Shareholders Have Something to Worry About

Yamana Gold Inc. (NYSE: AUY) sees better days ahead for its investors. With the upcoming completion of its Cerro Moro project in Argentina, the company has clearly visible gold and silver production growth on the horizon. That output increase should supply the gold miner with a growing stream of cash flow, which will help get the company’s balance sheet into better shape. That improvement would do wonders for its stock, which has crashed more than 80% over the past five years due to the impact of weaker precious metals prices on its financial situation.

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