Yamana Gold Inc. (AUY) Stock Price Down 3.6%
Yamana Gold Inc. (NYSE:AUY) traded down 3.6% on Tuesday . The company traded as low as $4.29 and last traded at $4.29, with a volume of 11,400,448 shares changing hands. The stock had previously closed at $4.45.
A number of equities research analysts have recently weighed in on the company. Credit Suisse Group AG reiterated a “hold” rating and issued a $3.50 price target on shares of Yamana Gold in a report on Thursday, May 5th. Royal Bank Of Canada restated a “sector perform” rating and set a $5.75 price objective (up from $5.10) on shares of Yamana Gold in a research note on Friday, May 6th. Zacks Investment Research downgraded Yamana Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, May 11th. BMO Capital Markets upgraded Yamana Gold from a “market perform” rating to an “outperform” rating in a research note on Thursday, May 12th. Finally, HSBC restated a “hold” rating and set a $5.00 price objective (up from $3.40) on shares of Yamana Gold in a research note on Thursday, May 12th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average price target of $4.75.
The company’s 50 day moving average is $5.50 and its 200 day moving average is $4.42. The company’s market capitalization is $3.91 billion.
Yamana Gold (NYSE:AUY) last issued its earnings results on Thursday, July 28th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.01. The firm earned $466.50 million during the quarter, compared to analyst estimates of $466.44 million. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.01) earnings per share. On average, analysts anticipate that Yamana Gold Inc. will post $0.15 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Stockholders of record on Friday, September 30th will be issued a $0.005 dividend. The ex-dividend date is Wednesday, September 28th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.48%.
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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