Shares of Yamana Gold Inc. (NYSE:AUY) were down 2.7% on Friday . The stock traded as low as $5.58 and last traded at $5.67, with a volume of 4,477,170 shares trading hands. The stock had previously closed at $5.83.

Several analysts have weighed in on AUY shares. Credit Suisse Group AG reiterated a “hold” rating and issued a $3.50 price objective on shares of Yamana Gold in a research report on Thursday, May 5th. Royal Bank Of Canada boosted their price objective on Yamana Gold from $2.75 to $4.00 in a research report on Tuesday, April 12th. Vetr downgraded Yamana Gold from a “hold” rating to a “sell” rating and set a $3.22 price objective for the company. in a research report on Monday, April 11th. HSBC reiterated a “hold” rating and issued a $5.00 price objective (up previously from $3.40) on shares of Yamana Gold in a research report on Thursday, May 12th. Finally, Zacks Investment Research upgraded Yamana Gold from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective for the company in a research report on Friday, July 8th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $4.50.

The company has a 50 day moving average price of $5.50 and a 200-day moving average price of $4.00. The company’s market cap is $5.35 billion.

Yamana Gold (NYSE:AUY) last posted its quarterly earnings results on Thursday, July 28th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.02 by $0.01. The company earned $466.50 million during the quarter, compared to analysts’ expectations of $466.44 million. During the same period in the previous year, the company posted ($0.01) earnings per share. The business’s revenue was up 2.5% on a year-over-year basis. Equities analysts anticipate that Yamana Gold Inc. will post $0.16 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be issued a $0.005 dividend. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.35%.

Other large investors recently bought and sold shares of the company. Schroder Investment Management Group boosted its stake 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 valued at $1,743,000 after buying an additional 931,000 shares in the last quarter. Gabelli Funds LLC raised 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 valued at $2,074,000 after buying an additional 1,100,000 shares during the last quarter. Finally, State of Wisconsin Investment Board raised 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 valued at $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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