Yamana Gold Inc. (NYSE:AUY – Get Rating) (TSE:YRI) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $75.91.
Several analysts recently weighed in on the company. StockNews.com assumed coverage on Yamana Gold in a research report on Wednesday, October 12th. They set a “hold” rating for the company. TD Securities dropped their price objective on Yamana Gold from $7.00 to $6.00 in a research report on Monday, October 31st.
Institutional Investors Weigh In On Yamana Gold
Several institutional investors and hedge funds have recently made changes to their positions in AUY. Wipfli Financial Advisors LLC acquired a new stake in shares of Yamana Gold in the third quarter valued at about $34,000. Raymond James Financial Services Advisors Inc. acquired a new stake in shares of Yamana Gold in the third quarter valued at about $46,000. Connectus Wealth LLC acquired a new stake in shares of Yamana Gold in the second quarter valued at about $47,000. Exchange Traded Concepts LLC acquired a new stake in shares of Yamana Gold in the third quarter valued at about $52,000. Finally, Fractal Investments LLC acquired a new stake in shares of Yamana Gold in the second quarter valued at about $56,000. Institutional investors and hedge funds own 58.93% of the company’s stock.
Yamana Gold Stock Performance
NYSE:AUY opened at $5.64 on Monday. The stock has a fifty day moving average price of $5.07 and a 200-day moving average price of $4.85. The company has a market cap of $5.42 billion, a price-to-earnings ratio of 21.69 and a beta of 1.24. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.52 and a current ratio of 1.98. Yamana Gold has a fifty-two week low of $3.84 and a fifty-two week high of $6.40.
Yamana Gold (NYSE:AUY – Get Rating) (TSE:YRI) last released its earnings results on Thursday, October 27th. The basic materials company reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. Yamana Gold had a return on equity of 6.03% and a net margin of 13.99%. The firm had revenue of $422.40 million during the quarter. As a group, equities analysts anticipate that Yamana Gold will post 0.26 EPS for the current fiscal year.
Yamana Gold Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Shareholders of record on Friday, December 30th will be issued a $0.03 dividend. The ex-dividend date is Thursday, December 29th. This represents a $0.12 dividend on an annualized basis and a yield of 2.13%. Yamana Gold’s payout ratio is presently 46.16%.
Yamana Gold Company Profile
Yamana Gold Inc, together with its subsidiaries, operates as a precious metal producer. It has gold and silver production, development-stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.
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