Yamana Gold (TSE:YRI) (NYSE:AUY) had its target price reduced by National Bank Financial from C$6.00 to C$5.50 in a research report sent to investors on Monday, November 18th, BayStreet.CA reports. National Bank Financial currently has an outperform rating on the stock.
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Several other research firms also recently issued reports on YRI. Bank of America boosted their price objective on shares of Yamana Gold from C$3.25 to C$4.80 in a report on Friday, August 16th. Eight Capital boosted their price objective on shares of Yamana Gold from C$4.50 to C$5.50 in a report on Thursday, August 8th.
YRI traded up C$0.01 during trading on Monday, hitting C$4.64. The stock had a trading volume of 1,812,203 shares, compared to its average volume of 2,883,171. The firm has a market cap of $4.40 billion and a PE ratio of 29.55. Yamana Gold has a 12 month low of C$2.41 and a 12 month high of C$5.04. The company has a current ratio of 0.94, a quick ratio of 0.31 and a debt-to-equity ratio of 26.89. The company has a 50 day simple moving average of C$4.52 and a 200-day simple moving average of C$3.89.
Yamana Gold (TSE:YRI) (NYSE:AUY) last announced its earnings results on Thursday, October 24th. The company reported C$0.07 EPS for the quarter, topping the consensus estimate of C$0.03 by C$0.04. The firm had revenue of C$472.38 million during the quarter. As a group, sell-side analysts anticipate that Yamana Gold will post 0.19 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 14th. Stockholders of record on Tuesday, December 31st will be issued a dividend of $0.013 per share. The ex-dividend date is Monday, December 30th. This represents a $0.05 annualized dividend and a dividend yield of 1.12%. Yamana Gold’s payout ratio is 15.92%.
About Yamana Gold
Yamana Gold Inc engages in operating mines, development stage projects, and exploration and mineral properties primarily in Canada, Brazil, Chile, and Argentina. The company primarily sells precious metals, including gold, silver, and copper. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil; the Canadian Malartic mine in Canada; and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.
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