Raymond James Weighs in on Yamana Gold Inc.’s Q1 2023 Earnings (TSE:YRI)

Yamana Gold Inc. (TSE:YRIGet Rating) (NYSE:AUY) – Investment analysts at Raymond James issued their Q1 2023 earnings estimates for Yamana Gold in a report released on Tuesday, April 19th. Raymond James analyst F. Hamed forecasts that the company will post earnings of $0.09 per share for the quarter. Raymond James currently has a “Hold” rating and a $6.00 target price on the stock. Raymond James also issued estimates for Yamana Gold’s Q2 2023 earnings at $0.09 EPS, Q3 2023 earnings at $0.09 EPS, Q4 2023 earnings at $0.09 EPS and FY2023 earnings at $0.37 EPS.

Several other equities analysts have also commented on the stock. National Bankshares increased their price objective on shares of Yamana Gold from C$8.75 to C$9.25 in a research report on Wednesday. Canaccord Genuity Group raised their price target on shares of Yamana Gold from C$9.00 to C$10.50 in a research note on Friday. Credit Suisse Group reaffirmed an “outperform” rating and issued a C$7.00 price target on shares of Yamana Gold in a research note on Friday, February 18th. CSFB set a C$5.25 target price on shares of Yamana Gold and gave the company an “outperform” rating in a research report on Thursday, February 10th. Finally, Royal Bank of Canada set a C$5.00 target price on shares of Yamana Gold and gave the company a “sector perform” rating in a research report on Friday, February 18th. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of C$56.42.

YRI opened at C$7.52 on Thursday. The stock has a market capitalization of C$7.23 billion and a price-to-earnings ratio of 39.79. The company has a fifty day moving average of C$6.94 and a 200 day moving average of C$5.81. Yamana Gold has a fifty-two week low of C$4.78 and a fifty-two week high of C$8.05. The company has a debt-to-equity ratio of 16.27, a quick ratio of 1.18 and a current ratio of 1.87.

Yamana Gold (TSE:YRIGet Rating) (NYSE:AUY) last issued its earnings results on Thursday, February 17th. The company reported C$0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.11 by C$0.03. The firm had revenue of C$635.16 million during the quarter.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 14th. Investors of record on Thursday, March 31st were paid a $0.038 dividend. This represents a $0.15 dividend on an annualized basis and a yield of 2.02%. The ex-dividend date was Wednesday, March 30th. Yamana Gold’s dividend payout ratio (DPR) is presently 59.52%.

In other Yamana Gold news, Senior Officer Richard Campbell sold 6,331 shares of Yamana Gold stock in a transaction that occurred on Tuesday, February 22nd. The shares were sold at an average price of C$6.24, for a total transaction of C$39,505.44. Following the completion of the sale, the insider now directly owns 139,702 shares in the company, valued at approximately C$871,740.48. Also, Director Peter Marrone sold 128,325 shares of Yamana Gold stock in a transaction that occurred on Monday, March 14th. The shares were sold at an average price of C$6.75, for a total transaction of C$866,578.73. Following the sale, the director now owns 2,202,158 shares of the company’s stock, valued at C$14,871,172.97. Insiders sold a total of 232,331 shares of company stock valued at $1,475,880 over the last quarter.

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 producer. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.

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Earnings History and Estimates for Yamana Gold (TSE:YRI)

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