Peter Marrone - Yamana Gold Executive Chairman of the Board

AUYDelisted Stock  USD 5.85  0.07  1.18%   

Chairman

Mr. Peter J. Marrone is Executive Chairman of the Board of Yamana Gold Inc. Mr. Marrone founded Yamana in July 2003 and was instrumental in the companys strategic development and operational growth. Mr. Marrone currently serves as Chairman and Chief Executive Officer of Yamana since 2003.
Age 60
Tenure 21 years
Phone416 815 0220
Webhttps://www.yamana.com
Marrone has more than 30 years of mining, business and capital markets experience, bringing an important range of extensive and diverse financial, legal and business experience to the company. He was on the boards of a number of public companies and advised companies with a strong South American and North American presence. Prior to Yamana, Peter Marrone was the head of investment banking at a major Canadian investment bank and before that, practised law in Toronto with a strong focus on corporate law, securities law and international transactions.

Yamana Gold Management Efficiency

The company has Return on Asset of (0.1288) % which means that on every $100 spent on assets, it lost $0.1288. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.3137) %, meaning that it generated no profit with money invested by stockholders. Yamana Gold's management efficiency ratios could be used to measure how well Yamana Gold manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 819.6 M in debt with debt to equity (D/E) ratio of 0.15, which may show that the company is not taking advantage of profits from borrowing. Yamana Gold has a current ratio of 1.94, which is typical for the industry and considered as normal. Debt can assist Yamana Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Yamana Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Yamana Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Yamana to invest in growth at high rates of return. When we think about Yamana Gold's use of debt, we should always consider it together with cash and equity.

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Yamana Gold Inc., together with its subsidiaries, operates as a precious metal producer. Yamana Gold Inc. was founded in 2003 and is headquartered in Toronto, Canada. Yamana Gold operates under Gold classification in the United States and is traded on New York Stock Exchange. Yamana Gold (AUY) is traded on New York Stock Exchange in USA and employs 5,874 people.

Management Performance

Yamana Gold Leadership Team

Elected by the shareholders, the Yamana Gold's board of directors comprises two types of representatives: Yamana Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Yamana. The board's role is to monitor Yamana Gold's management team and ensure that shareholders' interests are well served. Yamana Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Yamana Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
Anthony Cina, Senior Vice President - Business Administration
Sofia Tsakos, Senior Vice President, General Counsel and Corporate Secretary
Antonio Cina, Senior Vice President - Business Administration
PEng Ing, CEO Pres
Kimberly Keating, Independent Director
Richard Graff, Lead Independent Director
LLB MBA, Gen VP
Daniel Racine, Senior Vice President - Canadian Operations and Mine Planning & Development
Robert Gallagher, Director
Gerardo FernandezTobar, Sr Relations
Ludovico Costa, Pres and COO
Steve Parsons, Senior Vice President - Investor Relations and Corporate Communications
Barry Murphy, Sr. VP of Technical Services
Andrea Bertone, Independent Director
Darcy Marud, Senior Vice President - Exploration
Nigel Lees, Independent Director
Christiane Bergevin, Independent Director
Jane Sadowsky, Independent Director
Alexander Davidson, Independent Director
Richard Campbell, Senior Vice President - Human Resources
Gerardo Fernandez, Vice President Country Manager, Chile and Mexico
Cristina Bertoni, Vice President - Procurement
John Begeman, Independent Director
Craig Ford, Senior Vice President - Health, Safety and Sustainable Development
Greg McKnight, Sr. VP of Bus. Devel.
Ross Gallinger, Senior Vice President - Health, Safety and Sustainable Development
Peter LLB, Ex Chairman
Jason LeBlanc, Chief Financial Officer, Senior Vice President - Finance
Charles Main, CFO and Executive VP of Fin.
Henry Marsden, Senior Vice President - Exploration
Dino Titaro, Independent Director
William Wulftange, Vice President - Resources & Reserves and Technical Compliance
Peter Marrone, Executive Chairman of the Board
Carl Renzoni, Independent Director
Patrick Mars, Lead Independent Director
Yohann Bouchard, Senior Vice President - Operations
Luke Buchanan, VP Services

Yamana Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Yamana Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Yamana Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Yamana Gold's short interest history, or implied volatility extrapolated from Yamana Gold options trading.

Pair Trading with Yamana Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Yamana Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Yamana Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against Yamana Stock

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The ability to find closely correlated positions to Yamana Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Yamana Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Yamana Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Yamana Gold to buy it.
The correlation of Yamana Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Yamana Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Yamana Gold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Yamana Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in employment.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Other Consideration for investing in Yamana Stock

If you are still planning to invest in Yamana Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Yamana Gold's history and understand the potential risks before investing.
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