Agoracom: Small Cap Investment - Yamana Gold - Yamana Gold Jumps 7% - Executive Chairman Marrone & CEO Racine Purchase 720,000 Shares in Aggregate

Growth - Value - Vision

Brazil, Argentina, Chile, Mexico - Yamana is targeting sustainable gold production of 2.2 M oz of gold by 2012.

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Yamana Gold Jumps 7% - Executive Chairman Marrone & CEO Racine Purchase 720,000 Shares in Aggregate

posted on Dec 20, 2018 02:04PM

2018-12-20 01:33:34 PM ET (MT Newswires)

01:33 PM EST, 12/20/2018 (MT Newswires) -- Shares of Yamana Gold (AUY) jumped 7% intraday after the company said Thursday Executive Chairman Peter Marrone purchased an additional 650,000 shares of the company, bringing his total share and share-equivalent ownership to more than 4.84 million shares.

Additionally, the President and CEO Daniel Racine, has purchased an additional 70,000 common shares, taking his total ownership to more than 731,000 shares.

"In just over 12 months, Marrone and Racine have purchased a total of more than 1.0 million additional shares in the company, including the most recent purchases," according to a statement.

Price: 2.30, Change: +0.15, Percent Change: +6.74

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