Yamana Gold (TSE:YRI) (NYSE:AUY) had its price objective hoisted by equities research analysts at National Bank Financial from C$4.50 to C$5.25 in a report issued on Wednesday, BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. National Bank Financial’s target price indicates a potential upside of 17.45% from the stock’s current price.
Other analysts also recently issued research reports about the company. BMO Capital Markets set a C$2.30 target price on Yamana Gold and gave the stock a “market perform” rating in a research report on Wednesday, April 17th. Eight Capital boosted their target price on Yamana Gold from C$4.50 to C$5.50 in a research report on Thursday, August 8th. Finally, Canaccord Genuity boosted their target price on Yamana Gold from C$4.75 to C$5.25 in a research report on Friday, July 19th.
YRI stock traded up C$0.13 during mid-day trading on Wednesday, reaching C$4.47. 3,822,486 shares of the company traded hands, compared to its average volume of 2,746,938. The company has a quick ratio of 0.17, a current ratio of 1.66 and a debt-to-equity ratio of 47.02. The stock has a market capitalization of $4.12 billion and a P/E ratio of -32.00. Yamana Gold has a 52-week low of C$2.41 and a 52-week high of C$4.98. The company has a fifty day moving average price of C$3.75.
Yamana Gold (TSE:YRI) (NYSE:AUY) last posted its earnings results on Thursday, July 25th. The company reported C$0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.02 by C$0.01. The company had revenue of C$620.02 million for the quarter. Analysts expect that Yamana Gold will post 0.11 earnings per share for the current fiscal year.
About Yamana Gold
Yamana Gold Inc engages in operating mines, development stage projects, and exploration and mineral properties primarily in Canada, Brazil, Chile, and Argentina. The company primarily sells precious metals, including gold, silver, and copper. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil; the Canadian Malartic mine in Canada; and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.
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