Stocks of Yamana Gold Inc. (TSE: YRI) (NYSE: AUY) have achieved a consensus rating of “Hold” from the eight brokerages that currently hedge the stock, reports Marketbeat.com. Four analysts rated the stock with a keep recommendation and one assigned a buy recommendation to the company. The 1-year average price target among brokerage firms that reported on the stock in the past year is C $ 8.78.
Several equity research analysts commented on the stock. National Bankshares increased its target price on Yamana Gold shares from C $ 7.25 to C $ 8.00 and gave the stock a “sector performance” rating in a research report on Thursday, May 20. National Bank Financial raised its target price for Yamana gold to C $ 8.00 and assigned the company a “sector performance” rating in a research report on Thursday, May 20. Peel Hunt lowered its target price on Yamana Gold from CA $ 10.00 to CA $ 9.75 in a research report on Saturday, May 8. Royal Bank of Canada reaffirmed a “sector performance” rating and issued a target price of C $ 6.00 on Yamana Gold shares in a research report on Thursday April 29. Finally, Eight Capital lowered its target price on Yamana Gold from C $ 12.00 to C $ 11.25 and established a “na” rating for the company in a research note on Tuesday, April 20.
IS: YRI opened for CA $ 5.53 on Friday. The company’s fifty-day moving average is C $ 6.08. The company has a market capitalization of C $ 5.34 billion and a PE ratio of 20.71. The company has a debt ratio of 20.16, a current ratio of 1.56, and a rapid ratio of 1.14. Yamana Gold has a 52-week low at CA $ 5.06 and a 52-week high of CA $ 9.29.
Yamana Gold (TSE: YRI) (NYSE: AUY) last reported its results on Wednesday, April 28. The company reported earnings per share of C $ 0.09 for the quarter, reaching the consensus estimate of C $ 0.09 from Thomson Reuters. The company generated sales of C $ 534.42 million for the quarter. Equity research analysts predict that Yamana Gold will post earnings per share of 0.37 for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 14. Shareholders of record on Wednesday, June 30 will receive a dividend of $ 0.026. This represents a dividend of $ 0.10 on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Tuesday, June 29. Yamana Gold’s dividend payout ratio is currently 32.07%.
About Yamana Gold
Yamana Gold Inc, together with its subsidiaries, operates as a producer of precious metals. It has gold and silver production, developmental properties, exploration properties and land positions in the Americas, including Canada, Brazil, Chile and Argentina. The company was previously known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.
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