After Noon Movers - AUY -Yamana Gold added to FTSE Gold Mines Index - Sourced WhisperFromWallStreet.com
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Yamana Gold, Inc.AUY
After Noon Movers: 9.07 0.00 (0.00%) 4:40PM ET
The FTSE Gold Mines Index is designed to reflect the performance of the worldwide market in the shares of companies whose principal activity is the mining of gold. The index series encompasses all gold mining companies that have a sustainable and attributable gold production in excess of 300,000 ounces per year and derive the majority of their revenues from mined gold.
"Yamana is pleased to be recognized as a premier global gold producer and to join the impressive group of companies comprising the FTSE Gold Mines Index" said Peter Marrone, Yamana's chairman and chief executive officer. "Yamana considers that becoming a member of this prestigious index will further increase global investor awareness and its visibility among index-tracking funds."
About
Yamana Gold, Inc. engages in the acquisition, exploration, development, and operation of gold properties. The company also focuses on copper and silver projects. It holds gold production, gold development stage, and exploration stage properties, as well as land positions in Brazil, Argentina, Chile, Mexico, and central America. The company has seven operating mines and five development projects. Its principal operations include the Chapada, a copper/gold mine located in the state of Goias, Brazil; and the El Peñón mine located in the Atacama desert in Region II of northern Chile. The company was founded in 2003 and is headquartered in Toronto, Canada.
Last Trade: 9.07
Day's Range: 8.95 - 9.30
52wk Range: 3.31 - 17.00
Volume: 15,325,376
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