Why Shares of Yamana Gold Popped 14% in May
What happened
After falling 24% through the first three months of 2021, shares of Yamana Gold(NYSE:AUY) recovered in April and skyrocketed 67%. Investors’ appetite remained strong in May, as shares rose 14%, according to data from S&P Global Market Intelligence.
In addition Yamana’s lustrous strong first-quarter 2021 earnings report, the rising price of gold and motivated investors to pick up shares.
Image source: Getty Images.
So what
Beginning 2021 on solid-gold footing, Yamana delighted shareholders…
