Yamana Gold Receives Average Recommendation of “Buy” from Analysts (NYSE:AUY)
Shares of Yamana Gold (NYSE:AUY) have been given an average rating of “Buy” by the twenty-one brokerages that are presently covering the company, Analyst Ratings.Net reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and eleven have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $11.93.
Yamana Gold (NYSE:AUY) traded down 0.84% on Friday, hitting $7.348. The stock had a trading volume of 602,079 shares. Yamana Gold has a 52-week low of $7.02 and a 52-week high of $12.52. The stock’s 50-day moving average is $7.45 and its 200-day moving average is $8.81. The company’s market cap is $5.536 billion.
Yamana Gold (NYSE:AUY) last released its earnings data on Tuesday, April 29th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by $0.02. The company had revenue of $353.90 million for the quarter, compared to the consensus estimate of $422.90 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The company’s revenue for the quarter was down 33.8% on a year-over-year basis. Analysts expect that Yamana Gold will post $0.24 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, July 14th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 2.02%. The ex-dividend date is Thursday, June 26th.
Several analysts have recently commented on the stock. Analysts at GMP Securities upgraded shares of Yamana Gold from a “hold” rating to a “buy” rating in a research note on Monday. Separately, analysts at Macquarie upgraded shares of Yamana Gold from a “neutral” rating to an “outperform” rating in a research note on Thursday, May 15th. Finally, analysts at Paradigm Capital downgraded shares of Yamana Gold from a “buy” rating to a “hold” rating in a research note on Friday, May 2nd. They now have a $9.00 price target on the stock, down previously from $12.50.
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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