FY2020 EPS Estimates for Yamana Gold Inc. Decreased by Analyst (YRI)
Yamana Gold Inc. (TSE:YRI) (NYSE:AUY) – Equities research analysts at National Bank Financial lowered their FY2020 earnings estimates for Yamana Gold in a report released on Wednesday, April 17th. National Bank Financial analyst M. Parkin now expects that the company will post earnings per share of $0.05 for the year, down from their previous estimate of $0.08. National Bank Financial has a “Sector Perform Overweight” rating and a $3.75 price target on the stock.
Yamana Gold (TSE:YRI) (NYSE:AUY) last posted its quarterly earnings results on Thursday, February 14th. The company reported C$0.04 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.02 by C$0.02. The business had revenue of C$638.95 million during the quarter.
TSE YRI traded down C$0.08 during mid-day trading on Friday, hitting C$2.98. The company’s stock had a trading volume of 2,850,600 shares, compared to its average volume of 2,877,346. Yamana Gold has a 52-week low of C$2.66 and a 52-week high of C$4.20. The company has a debt-to-equity ratio of 44.71, a quick ratio of 0.26 and a current ratio of 0.87. The firm has a market capitalization of $2.91 billion and a price-to-earnings ratio of -9.93.
In related news, Director Peter Marrone purchased 9,000 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was acquired at an average price of C$3.41 per share, with a total value of C$30,690.00. Following the completion of the transaction, the director now owns 1,734,687 shares of the company’s stock, valued at C$5,915,282.67. Also, Senior Officer Richard Campbell sold 12,776 shares of the firm’s stock in a transaction that occurred on Tuesday, February 19th. The stock was sold at an average price of C$3.68, for a total transaction of C$47,015.68. Following the sale, the insider now directly owns 55,783 shares of the company’s stock, valued at approximately C$205,281.44. Insiders sold 17,323 shares of company stock valued at $61,819 in the last ninety days.
The company also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 29th were given a $0.007 dividend. This is an increase from Yamana Gold’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, March 28th. This represents a $0.03 annualized dividend and a yield of 0.94%. Yamana Gold’s dividend payout ratio (DPR) is -6.67%.
About Yamana Gold
Yamana Gold Inc engages in operating mines, development stage projects, and exploration and mineral properties primarily in Canada, Brazil, Chile, and Argentina. The company primarily sells precious metals, including gold, silver, and copper. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil; the Canadian Malartic mine in Canada; and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.
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