TheStreet downgraded shares of Yamana Gold (NYSE:AUY) (TSE:YRI) from a c rating to a d+ rating in a research report released on Wednesday, March 14th.
Other research analysts have also recently issued research reports about the stock. Royal Bank of Canada restated a buy rating and issued a $4.00 price objective on shares of Yamana Gold in a report on Wednesday, January 31st. TD Securities dropped their price objective on shares of Yamana Gold from $4.50 to $4.25 and set a buy rating for the company in a report on Tuesday, February 20th. Zacks Investment Research upgraded shares of Yamana Gold from a sell rating to a hold rating in a report on Thursday, March 1st. Scotiabank set a $4.00 price target on shares of Yamana Gold and gave the stock a hold rating in a research note on Monday, January 15th. Finally, ValuEngine upgraded shares of Yamana Gold from a sell rating to a hold rating in a research note on Tuesday, January 9th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Yamana Gold has a consensus rating of Hold and an average price target of $3.66.
Shares of AUY stock traded up $0.08 during trading on Wednesday, reaching $2.76. The company’s stock had a trading volume of 12,617,991 shares, compared to its average volume of 11,970,405. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.87 and a current ratio of 1.08. The stock has a market capitalization of $2,542.94, a P/E ratio of 34.50 and a beta of 0.86. Yamana Gold has a 1-year low of $2.21 and a 1-year high of $3.80.
Yamana Gold (NYSE:AUY) (TSE:YRI) last announced its quarterly earnings data on Thursday, February 15th. The basic materials company reported $0.06 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The firm had revenue of $478.80 million during the quarter. Yamana Gold had a negative net margin of 10.44% and a positive return on equity of 1.87%. research analysts forecast that Yamana Gold will post 0.14 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 29th will be given a dividend of $0.005 per share. The ex-dividend date of this dividend is Wednesday, March 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.72%. Yamana Gold’s dividend payout ratio is presently 25.00%.
Several large investors have recently modified their holdings of the company. Fore Capital LLC purchased a new stake in shares of Yamana Gold during the 4th quarter worth approximately $156,000. Ladenburg Thalmann Financial Services Inc. lifted its position in shares of Yamana Gold by 17.6% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 188,660 shares of the basic materials company’s stock worth $589,000 after buying an additional 28,210 shares during the last quarter. Paloma Partners Management Co purchased a new stake in shares of Yamana Gold during the 4th quarter worth approximately $2,323,000. Two Sigma Investments LP lifted its position in shares of Yamana Gold by 830.7% during the 4th quarter. Two Sigma Investments LP now owns 4,348,648 shares of the basic materials company’s stock worth $13,570,000 after buying an additional 3,881,382 shares during the last quarter. Finally, Two Sigma Advisers LP lifted its position in shares of Yamana Gold by 436.0% during the 4th quarter. Two Sigma Advisers LP now owns 2,091,371 shares of the basic materials company’s stock worth $6,525,000 after buying an additional 1,701,217 shares during the last quarter. Institutional investors and hedge funds own 46.48% of the company’s stock.
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Yamana Gold Company Profile
Yamana Gold Inc operates as a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. It primarily sells precious metals, including gold, silver, and copper. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in July 2003.
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