RBC analyst bullish on Yamana Gold
AP reports RBC Capital Markets has a positive outlook on Yamana Gold Inc. for gold and its growth plans.
Yamana shares closed Tuesday at $10.41. They’ve traded in a 52-week range of $9.26 to $19.93.
RBC analyst, Michael Curran writes:
“Whether or not last Friday’s intraday low of $772/oz proves to be the summer 2008 low for gold, we believe many gold equities are at attractive entry points for a subsequent seasonal rally in the fall or later this year.”
For complete story, click this link. To view gold company profiles, click here. Follow developments in gold mining and exploration for free.Sign on to the Gold Investing Newsletter.
Comment |
|
Tweet |
|
All content Copright 2011 Dig Media Inc. Disclaimer
Email
Print
Reproduction Request
Wed, Aug 20, 2008
Post by Melissa Pistilli, Gold Senior Reporter