Yamana Gold (YRI) has notable insider buying

Yamana Gold (T:YRI)

Yamana Gold Inc. (YRI) has a high amount of executive buying compared to its mid-cap peers over the past three months. Peter Marrone, a Senior Officer and Director, acquired 140,500 Common Shares on an indirect ownership basis for registered holder Spouse at a price of $3.950 through the public market on March 16th, 2020. This represents a $554,975 investment into the company's shares and an account share holdings change of 35.1%.

Yamana Gold Inc. is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The Company's segments include El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc. (Brio Gold), and Corporate and other. The Company's development projects include Cerro Moro, Argentina; Agua Rica, Argentina, and Gualcamayo, Argentina. Its exploration projects include El Penon, Chile; Gualcamayo, Argentina; Minera Florida, Chile; Jacobina, Brazil; Cerro Moro, Argentina; Canadian Malartic Corporation, Canada; Monument Bay, Canada; Brio Gold Exploration; Pilar, Brazil; Fazenda Brasileiro, Brazil; RDM, Brazil, and C1 Santa Luz, Brazil.