Today we review Yamana Gold for you. What is Yamana Gold? is it Legit? How does it work? What products do they offer you? This is just a few of the questions we help you answer in this review! Ok, with that being said, let´s start!
Name of the company: Yamana Gold
Official Website URL: https://yamana.com/English/Home/default.aspx
CEO: Daniel Racine
Products: Gold, silver, copper, Gold stocks
A company can to a great extent thrive on the basis of its true value proposition. This is exactly what Yamana Gold claims to offer to its investors. Is this, however, the truth of the matter? Stick with me to the end of this review, as I try to unearth the major details about this company. The following questions will form the major highlights of these reviews:
– What is Yamana Gold?
– How does it go about its operations?
– What are the main products that can benefit you as an investor or entrepreneur?
– Is this company legit?
– Which investment options does this company offer to investors?
– Are there better alternatives to what Yamana Gold is offering?
– What are the main advantages and disadvantages of doing business with this company?
What is Yamana Gold about?
Yamana Gold is a well-established Canadian-based mining company that has managed to create an impressive gold and silver assets portfolio. This company’s major activities are based on the development of mines and the exploration of new fields.
This company’s plan is to continue to build on its existing base of mining and exploration projects through expansion as well as optimization activities in the operational mines, the development of new mines, and the advancement of all its exploration properties. It also targets consolidation opportunities that are mainly based in the Americas.
This company’s targeted production in 2019 is as shown below:
– Gold -899,000 ounces
– Silver – 10,000,000 ounces
– Copper -61,000,000 pounds.
Yamana Gold is led by a concise and precise mission, which confirms that it’s committed to mining precious metals through approaches that are profitable and responsible.
How it works
Yamana Gold maintains its operations at profitable levels through sustainable structures and strategies. This company has a corporate structure that it relies on to ensure proper governance and management of its projects. The structure is pegged on the following dockets:
– Technical services.
Yamana Gold also thrives on the basis of a sound corporate strategy, which is outlined below:
– Increasing the overall production
– The expansion of its operation
– The advancement of its projects
– Focusing on its exploration activities
– Increasing R& R
– Containing its overall costs.
– The management of expenditures
– Delivering strong results.
This structure and corporate strategy form the foundation on which Yamana Gold is able to run it operations in the following mines:
1. Canada – The Canadian Malartic mine ( contributes close to 50% of the overall production)
2. Brazil- The Jacobina Mine
3. Chile – El Penon and Minera Florida
4. Argentina – Cerro Moro.
This company is major producer of gold, and its mining activities mainly benefit those who rely on gold ores. In addition to that, Yamana Gold also produces silver and copper in million ounces and supplies them ready product to metal smelters who use them to achieve several objectives. In 2018 alone, this company had was able to accumulate $1.79 Billion in revenues, from the sale of gold, copper, and silver produced from its mines.
Yamana Gold is also a publicly-traded company that has its stocks listed on the major stock exchange firms. Its stocks are listed in:
– Toronto Stock Exchange-traded under the ticker YRI
– New York Stock Exchange-traded under the ticker AUY.
Is it a genuine company?
Yamana Gold is undoubtedly a legit company that offers value through its mining and exploration activities. Investors can access information about this company’s stocks on Yahoo Finance. They can also get a stock price quote, crucial statistics, and related financial and analysis on the same website. Such information is enough to prove that Yamana Gold is a reliable company that investors and manufacturers can rely on.
Information about this company’s directors is also available on the internet. The key figures at Yamana Gold include:
– Peter Marrone – the Executive Board Chairman and company founder
– Daniel Racine – The president and CEO
– Sofia Tsakos – Senior Vice President – The General Counsel and Corporate Secretary
– Jason LeBlanc- Senior Vice President – CFO
– Dino Titaro –Director
– Jane Sadowsky –Director
– Kimberly Keating –Director
– Richard Graff –Lead Director
– Alexandar Davidson – Company Director
– Andrea Bertone – Director.
Gold stocks happen to be the only investment instrument offered by Yamana Golf to all experienced as well as budding investors. This company seeks to remain afloat in the competitive world by offering valuable stocks, which as discussed above, are listed in NYSE and TSX.
Alternatives to Yamana Gold
The gold stocks that Yamana gold offers to investors are a suitable way to invest, but they may possibly end up making you lose your money as opposed to making more of it. Mining companies have very high operational costs, which may end up impacting on the prices of the shares that they offer to shareholders and investors. If you had hoped to gain investment income, you might end up not getting any at all. This is the reason I would highly recommend that you invest in physical gold through a suitable IRA such as Regal Assets. By investing in physical gold, you shield yourself from the upheavals in the stocks trading terrain that arise from political instabilities.
With a company such as Regal Assets, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services and resources to start with.
Our #1 Recommendations (best of both worlds) below:
Pros and cons
It is always wise (and recommended) to look at both the positives as well as the negatives and then compare them against each other to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Sound corporate structure and strategy.
– Has several lucrative mines.
– Has experienced directors.
– Its stocks are prone to make fluctuations as a result of the market forces.
Do You Own or represent Yamana Gold?
If you are a representative, or associate of Yamana Gold and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to firstname.lastname@example.org.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of Yamana Gold pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of Yamana Gold to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com