Yamana Gold’s (TSE:YRI) Buy Rating Reaffirmed at Eight Capital

Yamana Gold (TSE:YRI) (NYSE:AUY)‘s stock had its “buy” rating reaffirmed by investment analysts at Eight Capital in a research note issued to investors on Thursday, November 16th.

Separately, National Bank Financial lowered their price target on Yamana Gold from C$5.75 to C$5.25 and set an “outperform” rating on the stock in a research report on Friday, July 28th. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of C$5.28.

Yamana Gold (TSE:YRI) traded down C$0.08 during trading hours on Thursday, hitting C$3.16. The company had a trading volume of 2,758,111 shares, compared to its average volume of 4,264,437. Yamana Gold has a twelve month low of C$2.84 and a twelve month high of C$4.80.

In related news, insider Ross Douglas Gallinger purchased 14,500 shares of the business’s stock in a transaction that occurred on Thursday, November 16th. The stock was acquired at an average cost of C$3.43 per share, for a total transaction of C$49,735.00. Also, Director Peter Marrone purchased 25,900 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The stock was bought at an average price of C$3.49 per share, with a total value of C$90,391.00. Insiders bought 144,400 shares of company stock worth $496,226 in the last ninety days.

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Yamana Gold Company Profile

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 Chapada mine in Brazil; 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.

Analyst Recommendations for Yamana Gold (TSE:YRI)

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