Yamana Gold, Inc. (NYSE:AUY) runs in leading trade, it felling down to knees -2.70% to traded at $4.69. AUY attains analyst recommendation of 2.60 on scale of 1-5 with week’s performance of 3.99%. Alongside gold prices ahead of the Federal Reserve’s policy statement, due out at 2 PM EDT. The price of the precious metal also attained a boost recently following the Bank of Japan adopted a target for long-term interest rates, Reuters reports.
Additional gains are anticipated if the U.S. central bank decides to delay an interest rate hike. Gold is non-interest paying and has difficulty competing with assets that bear a yield when interest rates are raised.
To find out the technical position of AUY, it holds price to book ratio of 0.91 that unearth high-growth companies selling at low-growth prices, but it requires appropriate measurement approach. It has forward price to earnings ratio of 20.75. AUY is presenting price to cash flow of 23.40 and free cash flow concluded as 15.64.
EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -54.00%, and looking further price to next year’s EPS is 62.59%. While take a short look on price to sales ratio, that was 2.53.
Golden Star Resources, Ltd. (NYSE:GSS) [Trend Analysis] luring active investment momentum, shares a gain 4.00% to $0.78. The total volume of 3.08 Million shares held in the session was surprisingly higher than its average volume of 3524.30 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 7.50%, and looking further price to next year’s EPS is 272.92%. While take a short look on price to sales ratio, that was 1.57.
Fundament/ News Factor in Focus
Taking look on ratio analysis, GSS has forward price to earnings ratio of 4.36. The co is presenting price to cash flow as 46.42, the low single digit may indicate stock is undervalued and vise versa. On other hand, keeping in mind stable cash flows but few growth prospects make traders to value lower. The firm has price volatility of 4.53% for a week and 5.25% for a month. Its beta stands at 0.24 times. Narrow down four to firm performance, its weekly performance was 8.33% and monthly performance was 4.00%.