Yamana Gold Inc. (NYSE:AUY)’s share price traded down 4.8% during trading on Wednesday . The stock traded as low as $5.51 and last traded at $5.56, with a volume of 7,839,454 shares trading hands. The stock had previously closed at $5.84.

Several equities analysts have recently commented on the company. HSBC reaffirmed a “hold” rating and issued a $5.00 price target (up previously from $3.40) on shares of Yamana Gold in a research note on Thursday, May 12th. Zacks Investment Research lowered Yamana Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, May 11th. Credit Suisse Group AG reaffirmed a “hold” rating and issued a $3.50 price target on shares of Yamana Gold in a research note on Thursday, May 5th. Vetr lowered Yamana Gold from a “buy” rating to a “hold” rating and set a $3.22 price target on the stock. in a research note on Tuesday, March 29th. Finally, BMO Capital Markets raised Yamana Gold from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 12th. One analyst has rated the stock with a sell rating, seven have given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Yamana Gold currently has a consensus rating of “Buy” and a consensus price target of $4.09.

The company’s market cap is $5.06 billion. The firm has a 50 day moving average of $5.20 and a 200 day moving average of $3.69.

Yamana Gold (NYSE:AUY) last issued its earnings results on Wednesday, May 4th. The company reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.01) by $0.05. The company earned $430.30 million during the quarter, compared to analyst estimates of $431.54 million. The business’s revenue was down 6.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.04) earnings per share. Analysts expect that Yamana Gold Inc. will post $0.16 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Thursday, July 14th. Shareholders of record on Thursday, June 30th were paid a $0.005 dividend. The ex-dividend date of this dividend was Tuesday, June 28th. This represents a $0.02 dividend on an annualized basis and a yield of 0.37%.

Other institutional investors recently modified their holdings of the company. Schroder Investment Management Group increased its position in shares of 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 last quarter. Gabelli Funds LLC increased its position in shares of 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 last quarter. BHF Kleinwort Benson Group S.A. bought a new position in shares of Yamana Gold during the fourth quarter worth approximately $2,233,000. Sei Investments Co. increased its position in shares of 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 last quarter. Finally, State of Wisconsin Investment Board increased its position in shares of Yamana Gold by 6.3% in the fourth quarter. State of Wisconsin Investment Board now owns 2,238,091 shares of the company’s stock worth $4,141,000 after buying an additional 132,700 shares during the last quarter.

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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