Yamana Gold (TSE:YRI) (NYSE:AUY) had its price target hoisted by stock analysts at Canaccord Genuity from C$5.25 to C$6.00 in a research note issued to investors on Friday. Canaccord Genuity’s price target would suggest a potential upside of 42.86% from the stock’s current price.
Several other research analysts also recently commented on the company. Eight Capital restated a “buy” rating on shares of Yamana Gold in a report on Thursday, November 16th. Desjardins restated a “hold” rating on shares of Yamana Gold in a report on Monday, December 11th. Finally, National Bank Financial downgraded Yamana Gold from an “outperform” rating to a “sector perform” rating and reduced their price objective for the stock from C$6.25 to C$4.75 in a report on Friday, October 27th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Yamana Gold has an average rating of “Buy” and an average price target of C$4.80.
Yamana Gold (TSE:YRI) traded up C$0.06 during trading hours on Friday, hitting C$4.20. The stock had a trading volume of 923,373 shares, compared to its average volume of 3,312,227. The company has a market cap of $4,010.00, a price-to-earnings ratio of -9.13 and a beta of 0.24. Yamana Gold has a 1-year low of C$2.84 and a 1-year high of C$4.80.
Yamana Gold (TSE:YRI) (NYSE:AUY) last posted its quarterly earnings data on Thursday, October 26th. The company reported C$0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.03 by C$0.02. Yamana Gold had a return on equity of 3.88% and a net margin of 7.76%.
In related news, Director Peter Marrone purchased 50,000 shares of the business’s stock in a transaction dated Wednesday, November 15th. The shares were acquired at an average cost of C$3.40 per share, for a total transaction of C$170,000.00. Also, insider Ross Douglas Gallinger purchased 14,500 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was bought at an average price of C$3.43 per share, for a total transaction of C$49,735.00. Insiders have acquired a total of 144,400 shares of company stock worth $496,226 over the last 90 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.
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