Yamana Gold (NYSE: AUY ) is a Canadian-based gold producer engaged in the exploration, extraction, processing and reclamation of gold. Yamana operates primarily in Brazil, Argentina, Chile and Mexico. In 2010, this gold producer's stock dropped 4.8% compared to small gains by the broader markets. More telling is the fact that the stock has dropped 21.9% since the beginning of December 2009. Then, the stock was trading at $14.07. Currently, Yamana Gold stock price is $10.83. Additionally, AUY has missed four consecutive earnings estimates, making it a gold stock worth selling.
Read more: http://community.nasdaq.com/news/2010-09/7-miserable-mining-stocks-to-avoid.aspx?storyid=37077#ixzz10Bjk6kZL
Read more: http://community.nasdaq.com/news/2010-09/7-miserable-mining-stocks-to-avoid.aspx?storyid=37077#ixzz10Bjk6kZL