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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (44438)7/16/2013 12:47:22 AM
From: Jacob Snyder  Read Replies (1) | Respond to of 48092
 
AUY, Yamana Gold:

A mid-tier producer primarily focused in South America with mines in Brazil, Argentina, Mexico, and Chile. It has good prospects for increasing production, but that is probably dependent on higher gold prices.

1.2m oz 2012 production
1.75m oz. 2015 production estimate

1246 AUY all-in production cost for 2012, in $/oz.
1082 GG
1057 AGI
1295 NEM
1122 EGO

debt LT 860M$
cash 350M$

dividend: $0.26/y = 2.7% yield at today's price

stock: $3 at 2008 low to $20 at 2012 high, now $10. Like all the gold miners, the stock continues to find resistance at the 50d moving average.

longrundata.com
seekingalpha.com
seekingalpha.com
seekingalpha.com

conclusion: AUY's balance sheet, and production costs are not in the top rank among gold/silver miners. Even with its growth prospects, I'd rather own GG or EGO.