Shares of Yamana Gold Inc. (TSE:YRI – Get Rating) (NYSE:AUY) have received an average rating of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat reports. Two analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is C$60.11.
A number of analysts recently issued reports on YRI shares. Canaccord Genuity Group raised Yamana Gold from a “hold” rating to a “buy” rating and upped their target price for the company from C$7.50 to C$10.50 in a research report on Wednesday, June 8th. BMO Capital Markets reiterated a “buy” rating and issued a C$7.00 target price on shares of Yamana Gold in a report on Tuesday, July 12th. Cormark raised their price objective on Yamana Gold from C$7.10 to C$7.15 in a research report on Tuesday, July 12th. National Bankshares dropped their target price on Yamana Gold from C$7.20 to C$7.05 and set a “tender” rating on the stock in a research report on Thursday. Finally, Eight Capital lifted their target price on Yamana Gold from C$10.00 to C$10.75 and gave the company a “buy” rating in a research note on Thursday, April 21st.
Yamana Gold Price Performance
Shares of YRI stock opened at C$5.96 on Friday. The company has a debt-to-equity ratio of 14.72, a current ratio of 2.11 and a quick ratio of 1.27. The company has a market cap of C$5.73 billion and a P/E ratio of 29.80. The stock’s 50-day moving average is C$6.48 and its 200 day moving average is C$6.43. Yamana Gold has a 1-year low of C$4.78 and a 1-year high of C$8.05.
Yamana Gold (TSE:YRI – Get Rating) (NYSE:AUY) last issued its quarterly earnings results on Wednesday, April 27th. The company reported C$0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.09 by C$0.02. The firm had revenue of C$559.77 million during the quarter. Research analysts predict that Yamana Gold will post 0.2994941 earnings per share for the current fiscal year.
About Yamana Gold
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.
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