Yamana and Philip Morris Making a Run

Yamana Gold Inc. (USA) (Public, NYSE:AUY)

As the market churns and is losing ground, both Yamana Gold Inc. (USA) (NYSE:AUY) and Philip Morris International Inc. (NYSE:PM) appear to be bucking that trend and showing positive momentum on their stock charts. 

Not surprisingly, when the stock market starts to head lower investors run to gold as an investment.  In the past month (20 trading days), Yamana Gold has had 15 of those trading days where the stock moved higher.  This is a sign that investors are turning to gold as a hedge against the market downturn.

AUY shares are trading at $12.56, up 0.92% and volume is currently at 4.63M shares traded.  Over the past 12 months Yamana Gold Inc (AUY) shares have traded between a 52-week low of $9.16 and its 52-week high of $13.13.  You can see that the stock is approaching its 52-week high.  Yamana Gold Inc shares are now trading with a P/E Ratio of 27.5 and EPS of 0.44.


Philip Morris is showing strong momentum as the stock broke through the $60 resistance level recently and has been setting new 52-week highs.  Similar to Yamana Gold, Philip Morris has had 15 trading days in the last 20 where the stock moved higher, signaling positive momentum in stock shares.  And PM is doing it again today as the stock sets a new 52-week high with shares are trading at $62.73, up 1.21%.


Yamana Gold Inc. engages in the acquisition, exploration, development, and operation of gold properties. The company also focuses on copper and silver projects.

Philip Morris International Inc., through its subsidiaries, engages in the manufacture and sale of cigarettes and other tobacco products in markets outside of the United States.

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