0R15 8520.0 0.0% 0R1E 8203.0 0.0% 0M69 21090.0 67.5139% 0R2V 226.02 9878.8079% 0QYR None None% 0QYP 412.97 -2.8306% 0RUK 2652.0 -9.2402% 0RYA 1554.0 -0.7029% 0RIH 174.55 -1.3563% 0RIH 165.15 -5.3853% 0R1O 198.5 9800.2494% 0R1O None None% 0QFP None None% 0M2Z 267.777 -0.1763% 0VSO 32.05 -9.9846% 0R1I None None% 0QZI 559.0 0.7207% 0QZ0 220.0 0.0% 0NZF None None% 0YXG 165.7358 2.7149%

mid-cap

Market Update on One Gold Mining Company - AUY

Mar 30, 2023 | Team Kalkine
Market Update on One Gold Mining Company - AUY

Yamana Gold Inc  

Yamana Gold Inc (LSE: AUY) is engaged in the production of precious metals. The Company has gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina.

Corporate Update

  • Acquisition: On 24 March 2023, the management announced that Pan American, will acquire 100% of the outstanding common shares of Yamana Gold all in exchange for USD 1.0406 in cash from Agnico, 0.1598 of a Pan American share and 0.0376 of an Agnico share for each Yamana share held, the same was approved the shareholders of Yamana Gold.
  • Listing & Trading update: Considering the above development, trading of AUY on LSE has been halted from 24 March 2023, with a record date of 28 March 2023. It is expected that the listing of Yamana Depositary interests on the premium listing segment of the Official List and trading on LSE will be canceled from 08:00 AM GMT+1 on 3 April 2023.
  • Trading over other exchanges: The trading of Yamana Gold ( TSX: YRI, NYSE: AUY) was continued, and the closing price as on 29 March 2023 on TSX: CAD 8.00 and NYSE: USD 5.91 was reported.

Share Price Chart

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Yamana Gold Inc (LSE: AUY) closed at GBX 475.00 (as of 24 March 2023).

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance level is 24 March 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: ‘Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.’

Note 4: Dividend Yield may vary as per the stock price movement.


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