Last Updated :
04 June 2009 at 23:35 IST
Yamana Gold positive on Q2 output
Commodity Online Yamana Gold Inc. (TSE:YRI) has announced that it is optimistic on its Q2 production output as it expects production to zoom ahead as it is on track as scheduled to meet its full-year target of around 1.3-1.4 million gold equivalent ounces (GEO) for 2009.
Yamana Gold Inc. is a Canada-based gold producer engaged in gold mining.
Receive $25 free with a Forex Micro account YRI managed to produce gold upto 271,482 GEO for Q1 2009 and it anticipates the cash-cost for Q2 to be stagnant on account of a rising production which outweighs firm local currencies.
Analysts are of the opinion to ‘Hold’ the stock but it however lost 5.23% at Toronto Stock Exchange on Wednesday. It touched a 52-week high of 17.22 and low of 4.29 whereas it was last traded at 12.13.
NCDEX SILVERSEP2012 03 September 2012
contract was trading at
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