Yamana Gold Inc. (NYSE:AUY) (TSE:YRI)’s share price was down 5.4% on Friday . The company traded as low as $2.59 and last traded at $2.62. Approximately 30,765,441 shares were traded during mid-day trading, an increase of 112% from the average daily volume of 14,531,011 shares. The stock had previously closed at $2.77.
A number of equities analysts recently weighed in on AUY shares. Desjardins reiterated a “hold” rating on shares of Yamana Gold in a research report on Monday, December 11th. BMO Capital Markets restated a “hold” rating and set a $3.00 target price on shares of Yamana Gold in a research report on Wednesday, December 20th. TheStreet upgraded shares of Yamana Gold from a “d+” rating to a “c-” rating in a research report on Friday, December 29th. ValuEngine upgraded shares of Yamana Gold from a “sell” rating to a “hold” rating in a research report on Tuesday, January 9th. Finally, Scotiabank set a $4.00 target price on shares of Yamana Gold and gave the stock a “hold” rating in a research report on Monday, January 15th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $3.66.
The company has a market cap of $2,480.00, a P/E ratio of -13.10 and a beta of 0.88. The company has a current ratio of 1.08, a quick ratio of 0.87 and a debt-to-equity ratio of 0.39.
Yamana Gold (NYSE:AUY) (TSE:YRI) last announced its earnings results on Thursday, February 15th. The basic materials company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.03. Yamana Gold had a negative net margin of 10.44% and a positive return on equity of 1.87%. The firm had revenue of $478.80 million during the quarter. equities research analysts anticipate that Yamana Gold Inc. will post 0.14 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Investors of record on Thursday, March 29th will be paid a $0.005 dividend. This represents a $0.02 annualized dividend and a yield of 0.76%. The ex-dividend date is Wednesday, March 28th. Yamana Gold’s payout ratio is -10.00%.
A number of hedge funds have recently made changes to their positions in AUY. Creative Planning increased its stake in shares of Yamana Gold by 171.1% during the 4th quarter. Creative Planning now owns 37,072 shares of the basic materials company’s stock valued at $116,000 after acquiring an additional 23,399 shares during the last quarter. Exane Derivatives increased its stake in shares of Yamana Gold by 718.0% during the 4th quarter. Exane Derivatives now owns 38,373 shares of the basic materials company’s stock valued at $119,000 after acquiring an additional 33,682 shares during the last quarter. Timber Hill LLC increased its stake in shares of Yamana Gold by 233.3% during the 3rd quarter. Timber Hill LLC now owns 38,716 shares of the basic materials company’s stock valued at $103,000 after acquiring an additional 27,100 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Yamana Gold by 16.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 46,795 shares of the basic materials company’s stock valued at $114,000 after acquiring an additional 6,616 shares during the last quarter. Finally, Fore Capital LLC acquired a new position in shares of Yamana Gold during the 4th quarter valued at about $156,000. 45.28% of the stock is owned by hedge funds and other institutional investors.
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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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