Shares of Yamana Gold Inc. (NYSE:AUY) dropped 1.7% during trading on Tuesday . The stock traded as low as $4.99 and last traded at $5.10, with a volume of 17,073,309 shares changing hands. The stock had previously closed at $5.19.

AUY has been the topic of several analyst reports. Credit Suisse Group AG reiterated a “hold” rating and issued a $3.50 target price on shares of Yamana Gold in a report on Thursday, May 5th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $5.75 target price (up from $5.10) on shares of Yamana Gold in a report on Friday, May 6th. Zacks Investment Research cut Yamana Gold from a “buy” rating to a “hold” rating in a report on Wednesday, May 11th. BMO Capital Markets upgraded Yamana Gold from a “market perform” rating to an “outperform” rating in a report on Thursday, May 12th. Finally, Vetr upgraded Yamana Gold from a “buy” rating to a “strong-buy” rating and set a $5.36 target price on the stock in a report on Thursday, May 12th. One analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $4.75.

The stock’s market cap is $4.24 billion. The firm has a 50-day moving average price of $5.62 and a 200 day moving average price of $4.37.

Yamana Gold (NYSE:AUY) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.01 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.01. The company earned $466.50 million during the quarter, compared to the consensus estimate of $466.44 million. During the same quarter last year, the company posted ($0.01) earnings per share. The company’s quarterly revenue was up 2.5% compared to the same quarter last year. On average, equities research analysts predict that Yamana Gold Inc. will post $0.15 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be issued a dividend of $0.005 per share. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.45%.

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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