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Yamana Gold (NYSE:AUY) announced its earnings results on Tuesday. The company reported $0.02 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.04 by $0.02, ARN reports. The company had revenue of $353.90 million for the quarter, compared to the consensus estimate of $422.90 million. During the same quarter last year, the company posted $0.16 earnings per share. Yamana Gold’s revenue was down 33.8% compared to the same quarter last year.

Yamana Gold (NYSE:AUY) traded up 2.96% on Tuesday, hitting $7.64. 9,413,226 shares of the company’s stock traded hands. Yamana Gold has a 52-week low of $7.41 and a 52-week high of $12.55. The stock’s 50-day moving average is $8.80 and its 200-day moving average is $9.24. The company’s market cap is $5.756 billion. Yamana Gold also was the recipient of unusually large options trading on Tuesday. Stock traders purchased 17,026 call options on the company. This represents an increase of approximately 422% compared to the typical volume of 3,262 call options.

A number of research firms have recently commented on AUY. Analysts at Davy Research upgraded shares of Yamana Gold to an “outperform” rating in a research note on Wednesday, April 23rd. On a related note, analysts at HSBC upgraded shares of Yamana Gold from an “underweight” rating to a “neutral” rating in a research note on Thursday, April 10th. They now have a $9.10 price target on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have assigned a buy rating to the stock. Yamana Gold presently has a consensus rating of “Buy” and a consensus target price of $12.28.

Yamana Gold Inc (NYSE:AUY) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia.

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