Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) – Cormark boosted their Q4 2017 earnings per share estimates for Yamana Gold in a note issued to investors on Friday. Cormark analyst R. Gray now expects that the basic materials company will earn $0.04 per share for the quarter, up from their previous estimate of $0.03. Cormark also issued estimates for Yamana Gold’s Q4 2018 earnings at $0.05 EPS and FY2019 earnings at $0.39 EPS.

Yamana Gold (NYSE:AUY) (TSE:YRI) last announced its earnings results on Thursday, October 26th. The basic materials company reported $0.04 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.02. Yamana Gold had a positive return on equity of 0.71% and a negative net margin of 20.19%.

Other analysts also recently issued reports about the company. TheStreet upgraded Yamana Gold from a “d+” rating to a “c-” rating in a report on Friday, December 29th. ValuEngine upgraded Yamana Gold from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. Desjardins reiterated a “hold” rating on shares of Yamana Gold in a report on Monday, December 11th. BMO Capital Markets reiterated a “hold” rating and set a $3.00 price target on shares of Yamana Gold in a report on Wednesday, December 20th. Finally, Royal Bank of Canada set a $4.00 price target on Yamana Gold and gave the stock a “buy” rating in a report on Tuesday, October 17th. One analyst has rated the stock with a sell rating, eight have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $3.46.

Shares of Yamana Gold (NYSE AUY) opened at $3.44 on Monday. The company has a current ratio of 0.99, a quick ratio of 0.62 and a debt-to-equity ratio of 0.35. Yamana Gold has a 1-year low of $2.21 and a 1-year high of $3.65. The firm has a market capitalization of $3,280.00, a PE ratio of -9.30 and a beta of 0.63.

Institutional investors and hedge funds have recently modified their holdings of the company. Timber Hill LLC grew its stake in shares of Yamana Gold by 233.3% in the 3rd quarter. Timber Hill LLC now owns 38,716 shares of the basic materials company’s stock valued at $103,000 after buying an additional 27,100 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of Yamana Gold by 16.5% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 46,795 shares of the basic materials company’s stock valued at $114,000 after buying an additional 6,616 shares during the period. Stephens Inc. AR grew its stake in shares of Yamana Gold by 1.1% in the 2nd quarter. Stephens Inc. AR now owns 47,911 shares of the basic materials company’s stock valued at $116,000 after buying an additional 499 shares during the period. QCM Cayman Ltd. acquired a new stake in shares of Yamana Gold in the 2nd quarter valued at about $117,000. Finally, Virtu Financial LLC grew its stake in shares of Yamana Gold by 444.0% in the 3rd quarter. Virtu Financial LLC now owns 239,475 shares of the basic materials company’s stock valued at $198,000 after buying an additional 195,452 shares during the period. Institutional investors own 40.55% of the company’s stock.

The company also recently announced a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were paid a $0.005 dividend. The ex-dividend date of this dividend was Thursday, December 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.58%. Yamana Gold’s dividend payout ratio is presently -5.41%.

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Yamana Gold Company Profile

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.

Earnings History and Estimates for Yamana Gold (NYSE:AUY)

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