Yamana Gold (NYSE:AUY – Get Rating) (TSE:YRI) had its target price boosted by National Bank Financial from C$8.75 to C$9.25 in a research report report published on Wednesday morning, The Fly reports. National Bank Financial also issued estimates for Yamana Gold’s Q1 2022 earnings at $0.06 EPS, FY2022 earnings at $0.27 EPS and FY2023 earnings at $0.33 EPS.
A number of other research analysts have also weighed in on the stock. Canaccord Genuity Group raised their price target on shares of Yamana Gold from C$8.00 to C$9.00 and gave the company a buy rating in a research note on Wednesday, February 23rd. Credit Suisse Group reaffirmed an outperform rating and issued a $5.25 price target on shares of Yamana Gold in a research note on Friday, February 18th. Raymond James set a $6.50 price target on shares of Yamana Gold and gave the company a market perform rating in a research note on Wednesday, April 6th. Stifel Nicolaus raised their price target on shares of Yamana Gold from C$10.00 to C$10.25 in a research note on Thursday, April 7th. Finally, CSFB set a $5.25 price target on shares of Yamana Gold and gave the company an outperform rating in a research note on Friday, February 18th. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, Yamana Gold currently has a consensus rating of Buy and an average price target of $62.23.
NYSE:AUY opened at $5.91 on Wednesday. Yamana Gold has a 52 week low of $3.70 and a 52 week high of $6.40. The company has a quick ratio of 1.50, a current ratio of 1.87 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $5.68 billion, a PE ratio of 39.40, a price-to-earnings-growth ratio of 10.90 and a beta of 1.43. The stock’s 50-day moving average price is $5.49 and its 200-day moving average price is $4.60.
The company also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Thursday, March 31st were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 2.03%. The ex-dividend date was Wednesday, March 30th. Yamana Gold’s payout ratio is presently 80.00%.
Hedge funds have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. raised its position in shares of Yamana Gold by 85.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 8,082 shares of the basic materials company’s stock valued at $34,000 after buying an additional 3,729 shares during the period. PYA Waltman Capital LLC purchased a new stake in shares of Yamana Gold during the 4th quarter valued at approximately $38,000. Hancock Whitney Corp acquired a new stake in Yamana Gold in the 4th quarter valued at approximately $42,000. Oppenheimer & Co. Inc. acquired a new stake in Yamana Gold in the 3rd quarter valued at approximately $41,000. Finally, Mraz Amerine & Associates Inc. acquired a new stake in Yamana Gold in the 3rd quarter valued at approximately $42,000. 41.82% of the stock is currently owned by hedge funds and other institutional investors.
Yamana Gold Company Profile (Get Rating)
Yamana Gold Inc, together with its subsidiaries, operates as a precious metal producer. It has gold and silver production, development-stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.
- Get a free copy of the StockNews.com research report on Yamana Gold (AUY)
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