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Shares of Yamana Gold (NYSE:AUY) were the recipient of unusually large options trading activity on Friday. Stock traders acquired 41,596 call options on the company, American Banking News reports. This represents an increase of 713% compared to the typical daily volume of 5,117 call options.

A number of research firms have recently commented on AUY. Analysts at Raymond James downgraded shares of Yamana Gold from an “outperform” rating to a “market perform” rating in a research note to investors on Friday, January 31st. They now have a $11.00 price target on the stock, down previously from $12.00. Separately, analysts at HSBC downgraded shares of Yamana Gold from a “neutral” rating to an “underweight” rating in a research note to investors on Wednesday, January 22nd. Finally, analysts at Barclays cut their price target on shares of Yamana Gold from $13.00 to $12.00 in a research note to investors on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the stock. Yamana Gold has a consensus rating of “Buy” and a consensus price target of $12.98.

Yamana Gold (NYSE:AUY) traded up 3.15% during mid-day trading on Friday, hitting $9.17. 9,186,658 shares of the company’s stock traded hands. Yamana Gold has a 1-year low of $8.31 and a 1-year high of $16.83. The stock’s 50-day moving average is $9.11 and its 200-day moving average is $9.79. The company has a market cap of $6.904 billion and a P/E ratio of 21.79.

Yamana Gold Inc (NYSE:AUY) is a gold producer engaged in gold and other precious metals mining and related activities, including exploration, extraction, processing and reclamation.

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