Yamana Gold’s (YRI) “Hold” Rating Reiterated at Desjardins

Yamana Gold (TSE:YRI) (NYSE:AUY)‘s stock had its “hold” rating reiterated by analysts at Desjardins in a research report issued on Monday.

Other analysts have also issued reports about the company. Eight Capital reissued a “buy” rating on shares of Yamana Gold in a research report on Thursday, November 16th. National Bank Financial downgraded shares of Yamana Gold from an “outperform” rating to a “sector perform” rating and lowered their target price for the stock from C$6.25 to C$4.75 in a research report on Friday, October 27th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of C$5.28.

Shares of Yamana Gold (TSE:YRI) traded up C$0.05 during midday trading on Monday, reaching C$3.16. The company’s stock had a trading volume of 1,258,274 shares, compared to its average volume of 4,233,649. Yamana Gold has a 52-week low of C$2.84 and a 52-week high of C$4.80.

In other Yamana Gold news, insider Ross Douglas Gallinger purchased 14,500 shares of the business’s stock in a transaction on Thursday, November 16th. The shares were purchased at an average cost of C$3.43 per share, with a total value of C$49,735.00. Also, Director Peter Marrone purchased 25,900 shares of the business’s stock in a transaction on Friday, November 17th. The shares were acquired at an average cost of C$3.49 per share, for a total transaction of C$90,391.00. Insiders have acquired a total of 144,400 shares of company stock valued at $496,226 in the last ninety days.

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About Yamana Gold

Yamana Gold Inc is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The Company’s segments include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc (Brio Gold), and Corporate and other.

Analyst Recommendations for Yamana Gold (TSE:YRI)

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