NEW YORK (TheStreet) -- Shares of Yamana Gold Inc. are higher by 2.61% to $4.12 in mid-afternoon trading on Wednesday, as some stocks within the gold and mining sectors get a boost from the rise in price of the precious metal. Gold for April delivery is up by 0.52% to $1,203.50 per ounce on the COMEX this afternoon. Gold is gaining after reaching a seven week low on Tuesday. The yellow metal is on the move following comments made by Fed chairperson Janet Yellen in which she suggested the Fed was in no hurry to increase interest rates, Reuters reports. Exclusive Report: Jim Cramer's Best Stocks for 2015 Yellen's remarks pushed the dollar lower giving gold an added boost. During her speech on Tuesday Yellen avoided giving a clear view on when raises in rates will start. Yellen said that the Fed will consider rate hikes on a "meeting-by-meeting" basis, but an increase is not expected for several meetings. "Yellen's comments yesterday suggesting the Fed will look at interest rates one meeting at a time were seen as providing less certainty of when an interest rate hike will be," Citi analysts David Wilson told Reuters. "The dollar has softened a little bit, and I suspect that's the reason why gold's has a bit of a bounce," Wilson added. Separately, TheStreet Ratings team rates YAMANA GOLD INC as a Sell with a ratings score of D. TheStreet Ratings Team has this to say about their recommendation: "We rate YAMANA GOLD INC (AUY) a SELL. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its generally disappointing historical performance in the stock itself, poor profit margins and weak operating cash flow." Highlights from the analysis by TheStreet Ratings Team goes as follows: AUY's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 61.55%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now. The gross profit margin for YAMANA GOLD INC is currently extremely low, coming in at 2.08%. Despite the low profit margin, it has increased significantly from the same period last year. Net operating cash flow has declined marginally to $167.59 million or 9.33% when compared to the same quarter last year. Despite a decrease in cash flow YAMANA GOLD INC is still fairing well by exceeding its industry average cash flow growth rate of -56.70%. YAMANA GOLD INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has not demonstrated a clear trend in earnings over the past 2 years, making it difficult to accurately predict earnings for the coming year. During the past fiscal year, YAMANA GOLD INC reported poor results of -$1.54 versus -$0.59 in the prior year. The revenue growth came in higher than the industry average of 2.4%. Since the same quarter one year prior, revenues rose by 29.1%. Growth in the company's revenue appears to have helped boost the earnings per share. You can view the full analysis from the report here: AUY Ratings Report
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