Shares of Yamana Gold Inc. (NYSE:AUY) were up 3.8% on Tuesday . The company traded as high as $5.72 and last traded at $5.69, with a volume of 7,811,841 shares trading hands. The stock had previously closed at $5.48.

A number of analysts have weighed in on AUY shares. CIBC upped their price target on Yamana Gold from $2.70 to $3.20 in a research report on Friday, April 8th. Royal Bank Of Canada upped their price target on Yamana Gold from $2.75 to $4.00 in a research report on Tuesday, April 12th. Vetr raised Yamana Gold from a “hold” rating to a “buy” rating and set a $3.06 price objective on the stock in a research note on Monday, March 28th. Zacks Investment Research raised Yamana Gold from a “hold” rating to a “buy” rating and set a $3.50 price objective on the stock in a research note on Tuesday, April 5th. Finally, Credit Suisse Group AG reissued a “hold” rating and issued a $3.50 price objective on shares of Yamana Gold in a research note on Thursday, May 5th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $3.88.

The company’s market cap is $5.54 billion. The firm’s 50-day moving average is $4.86 and its 200-day moving average is $3.44.

Yamana Gold (NYSE:AUY) last issued its quarterly earnings data on Wednesday, May 4th. The company reported $0.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The business had revenue of $430.30 million for the quarter, compared to the consensus estimate of $431.54 million. The company’s revenue was down 6.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.04) EPS. On average, equities research analysts expect that Yamana Gold Inc. will post $0.13 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 14th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date is Tuesday, June 28th.

Several hedge funds and institutional investors have recently added to or reduced their stakes in the stock. Teacher Retirement System of Texas purchased a new position in Yamana Gold during the fourth quarter worth $5,580,000. Sei Investments Co. boosted its position in Yamana Gold by 2,527,009.5% in the fourth quarter. Sei Investments Co. now owns 1,592,079 shares of the company’s stock worth $2,961,000 after buying an additional 1,592,016 shares during the period. BHF Kleinwort Benson Group S.A. purchased a new position in Yamana Gold during the fourth quarter worth $2,233,000. Gabelli Funds LLC boosted its position in Yamana Gold by 7,333.3% in the fourth quarter. Gabelli Funds LLC now owns 1,115,000 shares of the company’s stock worth $2,074,000 after buying an additional 1,100,000 shares during the period. Finally, Schroder Investment Management Group boosted its position in Yamana Gold by 20,173.3% in the fourth quarter. Schroder Investment Management Group now owns 935,615 shares of the company’s stock worth $1,743,000 after buying an additional 931,000 shares during the period.

Yamana Gold Inc (Yamana) is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Canada. The Company’s segments include Chapada mine in Brazil, El Penon mine in Chile, Canadian Malartic mine in Canada (50% interest), Gualcamayo mine in Argentina, Mercedes mine in Mexico, Brio Gold Inc, and Corporate and other.

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