Brokerages predict that Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) will report earnings per share (EPS) of $0.01 for the current quarter, according to Zacks. Zero analysts have issued estimates for Yamana Gold’s earnings. The lowest EPS estimate is $0.01 and the highest is $0.02. Yamana Gold posted earnings per share of ($0.01) in the same quarter last year, which suggests a positive year-over-year growth rate of 200%. The company is scheduled to announce its next quarterly earnings report on Wednesday, May 2nd.

According to Zacks, analysts expect that Yamana Gold will report full-year earnings of $0.14 per share for the current fiscal year, with EPS estimates ranging from $0.07 to $0.20. For the next year, analysts expect that the company will post earnings of $0.24 per share, with EPS estimates ranging from $0.11 to $0.39. Zacks’ EPS averages are a mean average based on a survey of analysts that that provide coverage for Yamana Gold.

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Yamana Gold (NYSE:AUY) (TSE:YRI) last issued its quarterly earnings data on Thursday, February 15th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.03. The firm had revenue of $478.80 million during the quarter. Yamana Gold had a negative net margin of 10.44% and a positive return on equity of 1.87%.

A number of brokerages recently issued reports on AUY. TheStreet upgraded shares of Yamana Gold from a “d+” rating to a “c-” rating in a report on Friday, December 29th. ValuEngine cut shares of Yamana Gold from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded shares of Yamana Gold from a “sell” rating to a “hold” rating in a report on Thursday, March 1st. Desjardins restated a “hold” rating on shares of Yamana Gold in a report on Monday, December 11th. Finally, BMO Capital Markets restated a “hold” rating and set a $3.00 price objective on shares of Yamana Gold in a report on Wednesday, December 20th. One investment analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $3.66.

Shares of AUY stock traded down $0.05 during midday trading on Thursday, reaching $2.72. 10,058,431 shares of the company were exchanged, compared to its average volume of 14,207,474. The firm has a market capitalization of $2,485.33, a PE ratio of -12.95 and a beta of 0.88. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.87 and a current ratio of 1.08. Yamana Gold has a 52-week low of $2.21 and a 52-week high of $3.80.

The business also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be paid a $0.005 dividend. This represents a $0.02 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, March 28th. Yamana Gold’s payout ratio is currently -9.52%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Donald Smith & CO. Inc. lifted its stake in Yamana Gold by 4.1% in the fourth quarter. Donald Smith & CO. Inc. now owns 66,552,510 shares of the basic materials company’s stock valued at $207,644,000 after buying an additional 2,606,703 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Yamana Gold by 16.4% in the fourth quarter. Deutsche Bank AG now owns 12,660,833 shares of the basic materials company’s stock worth $39,500,000 after purchasing an additional 1,782,822 shares in the last quarter. Mackenzie Financial Corp lifted its position in shares of Yamana Gold by 6.7% in the fourth quarter. Mackenzie Financial Corp now owns 7,913,833 shares of the basic materials company’s stock worth $24,691,000 after purchasing an additional 498,933 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Yamana Gold by 8.6% in the third quarter. Ameriprise Financial Inc. now owns 4,945,509 shares of the basic materials company’s stock worth $13,106,000 after purchasing an additional 391,534 shares in the last quarter. Finally, Investec Asset Management LTD lifted its position in shares of Yamana Gold by 1.5% in the third quarter. Investec Asset Management LTD now owns 4,629,217 shares of the basic materials company’s stock worth $12,267,000 after purchasing an additional 69,711 shares in the last quarter. 46.47% of the stock is currently owned by hedge funds and other institutional investors.

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About Yamana Gold

Yamana Gold Inc operates as a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. It primarily sells precious metals, including gold, silver, and copper. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in July 2003.

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

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