Yamana Gold Inc. (YRI) Earns “Buy” Rating from TD Securities
Yamana Gold Inc. (TSE:YRI)‘s stock had its “buy” rating restated by research analysts at TD Securities in a report released on Tuesday. They currently have a C$7.50 price target on the stock. TD Securities’ price objective would suggest a potential upside of 54.96% from the stock’s current price.
Several other equities research analysts also recently issued reports on the company. Royal Bank Of Canada restated a “sector perform” rating on shares of Yamana Gold in a research report on Tuesday. Canaccord Genuity increased their target price on Yamana Gold from C$10.00 to C$10.50 and gave the stock a “buy” rating in a research report on Friday, September 9th. Finally, National Bank Financial increased their target price on Yamana Gold from C$8.00 to C$9.00 in a research report on Wednesday, July 13th. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of C$7.15.
Shares of Yamana Gold (TSE:YRI) traded up 3.31% during trading on Tuesday, hitting $5.00. The stock had a trading volume of 3,758,043 shares. Yamana Gold has a 1-year low of $2.00 and a 1-year high of $7.87. The firm’s 50 day moving average is $5.60 and its 200 day moving average is $6.14. The company’s market cap is $4.74 billion.
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Yamana Gold Company Profile
Yamana Gold Inc (Yamana) is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Canada. The Company’s segments include Chapada mine in Brazil, El Penon mine in Chile, Canadian Malartic mine in Canada (50% interest), Gualcamayo mine in Argentina, Mercedes mine in Mexico, Brio Gold Inc, and Corporate and other.
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