Lonestar Capital Management LLC Holds Position in Yamana Gold INC Cmn (AUY)

Yamana Gold Inc. (NYSE:AUY) Logo

Lonestar Capital Management Llc increased its stake in Yamana Gold Inc Cmn (AUY) by 80% based on its latest 2018Q2 regulatory filing with the SEC. Lonestar Capital Management Llc bought 1.60 million shares as the company’s stock declined 16.67% while stock markets rallied. The hedge fund held 3.60M shares of the precious metals company at the end of 2018Q2, valued at $10.44M, up from 2.00M at the end of the previous reported quarter. Lonestar Capital Management Llc who had been investing in Yamana Gold Inc Cmn for a number of months, seems to be bullish on the $2.10B market cap company. The stock increased 0.68% or $0.015 during the last trading session, reaching $2.205. About 5.37M shares traded. Yamana Gold Inc. (NYSE:AUY) has declined 14.09% since December 7, 2017 and is downtrending. It has underperformed by 29.71% the S&P500.

Lonestar Capital Management Llc, which manages about $301.68M US Long portfolio, decreased its stake in Nabors Industries Ltd. Cmn (NYSE:NBR) by 1.40M shares to 1.60 million shares, valued at $10.26M in 2018Q2, according to the filing.

More notable recent Yamana Gold Inc. (NYSE:AUY) news were published by: Fool.com which released: “Gold ETFs: All You Need to Know – The Motley Fool” on November 10, 2018, also Seekingalpha.com with their article: “Yamana Gold – Is $3 And Change Really Fair For Shareholders? – Seeking Alpha” published on June 18, 2018, Benzinga.com published: “Yamana Gold Inc. (NYSE:AUY) – Yamana Gold’s Q3 Earnings Outlook – Benzinga” on October 25, 2018. More interesting news about Yamana Gold Inc. (NYSE:AUY) were released by: Seekingalpha.com and their article: “Yamana Gold Reaches Strong Support Levels – Seeking Alpha” published on September 10, 2018 as well as Globenewswire.com‘s news article titled: “Yamana Gold Provides Notice of Third Quarter 2018 Results Release – GlobeNewswire” with publication date: September 27, 2018.

Yamana Gold Inc. (NYSE:AUY) Ratings Coverage

Among 3 analysts covering Yamana Gold (NYSE:AUY), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Yamana Gold had 3 analyst reports since July 31, 2018 according to SRatingsIntel. The firm earned “Hold” rating on Friday, November 16 by HSBC. The firm earned “Outperform” rating on Tuesday, July 31 by BMO Capital Markets.

Yamana Gold Inc. (NYSE:AUY) Ratings Chart

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