Yamana Gold (NYSE: AUY) probably hasn't won the affection of many investors over the years, as it has done an abysmal job creating value. No matter what period you measure, the company has delivered a negative shareholder return, including dropping a third of its value this year and by double digits since going public.
However, that abysmal performance could be about to change since the company is on the cusp of a monumental shift where its production is poised to surge, which has the potential to drive cash flow -- and its stock price -- up with it. Furthermore, investors can get that growth for a bargain-basement price. Those factors give investors several good reasons to love Yamana Gold stock right now.
Image source: Getty Images.
Source: Fool.com