Analysts expect that Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) will post earnings per share of $0.01 for the current fiscal quarter, Zacks reports. Zero analysts have provided estimates for Yamana Gold’s earnings, with estimates ranging from $0.00 to $0.01. Yamana Gold posted earnings of $0.06 per share in the same quarter last year, which would indicate a negative year-over-year growth rate of 83.3%. The company is expected to announce its next earnings report on Thursday, February 21st.

According to Zacks, analysts expect that Yamana Gold will report full year earnings of $0.09 per share for the current fiscal year, with EPS estimates ranging from $0.05 to $0.12. For the next fiscal year, analysts anticipate that the company will post earnings of $0.09 per share, with EPS estimates ranging from $0.02 to $0.17. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover Yamana Gold.

Yamana Gold (NYSE:AUY) (TSE:YRI) last announced its quarterly earnings results on Thursday, October 25th. The basic materials company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.01 by $0.01. The firm had revenue of $416.80 million during the quarter. Yamana Gold had a positive return on equity of 3.46% and a negative net margin of 23.32%.

A number of brokerages recently issued reports on AUY. BMO Capital Markets lowered Yamana Gold from an “outperform” rating to a “market perform” rating and set a $3.00 price target for the company. in a report on Monday, December 10th. HSBC lowered Yamana Gold from a “buy” rating to a “hold” rating in a report on Friday, November 16th. National Bank Financial reiterated a “buy” rating on shares of Yamana Gold in a report on Monday, November 12th. TheStreet lowered Yamana Gold from a “c” rating to a “d” rating in a report on Tuesday, October 30th. Finally, Royal Bank of Canada lowered their price target on Yamana Gold from $3.75 to $3.50 and set an “outperform” rating for the company in a report on Tuesday, October 30th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $3.44.

Shares of NYSE AUY opened at $2.30 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.01 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $2.01 billion, a P/E ratio of 28.75 and a beta of 1.00. Yamana Gold has a 52-week low of $2.00 and a 52-week high of $3.80.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 11th. Shareholders of record on Friday, December 28th will be issued a dividend of $0.005 per share. The ex-dividend date is Thursday, December 27th. This represents a $0.02 dividend on an annualized basis and a yield of 0.87%. Yamana Gold’s dividend payout ratio is currently 25.00%.

A number of institutional investors have recently bought and sold shares of the business. Van ECK Associates Corp lifted its holdings in Yamana Gold by 6.4% during the second quarter. Van ECK Associates Corp now owns 126,348,962 shares of the basic materials company’s stock worth $366,442,000 after buying an additional 7,550,918 shares during the period. Vanguard Group Inc. lifted its holdings in Yamana Gold by 3.5% during the third quarter. Vanguard Group Inc. now owns 22,918,829 shares of the basic materials company’s stock worth $57,068,000 after buying an additional 769,763 shares during the period. Vanguard Group Inc lifted its holdings in Yamana Gold by 3.5% during the third quarter. Vanguard Group Inc now owns 22,918,829 shares of the basic materials company’s stock worth $57,068,000 after buying an additional 769,763 shares during the period. Deutsche Bank AG lifted its holdings in Yamana Gold by 16.0% during the third quarter. Deutsche Bank AG now owns 16,625,909 shares of the basic materials company’s stock worth $41,397,000 after buying an additional 2,289,653 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Yamana Gold by 12.9% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 11,407,887 shares of the basic materials company’s stock worth $28,418,000 after buying an additional 1,304,091 shares during the period. Institutional investors own 43.13% of the company’s stock.

About Yamana Gold

Yamana Gold Inc operates as a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. It primarily sells precious metals, including gold, silver, and copper. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in July 2003.

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Earnings History and Estimates for Yamana Gold (NYSE:AUY)

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