Yamana Gold (NYSE:AUY) (TSE:YRI) had its price target decreased by TD Securities from $4.25 to $3.50 in a research report report published on Monday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the basic materials company’s stock.

Several other research firms have also weighed in on AUY. Raymond James set a $60.00 target price on Banner and gave the company a buy rating in a report on Friday, May 3rd. Desjardins reaffirmed a hold rating on shares of Yamana Gold in a research report on Monday, April 22nd. ValuEngine raised USINAS SIDERURG/S from a sell rating to a hold rating in a research report on Wednesday, May 29th. GMP Securities downgraded Yamana Gold from a buy rating to a hold rating in a research report on Wednesday, April 17th. Finally, Royal Bank of Canada set a $147.00 price target on Ameriprise Financial and gave the company a hold rating in a research report on Friday, April 26th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of Hold and a consensus price target of $3.15.

NYSE AUY traded down $0.07 during trading on Monday, hitting $2.56. 11,313,146 shares of the company traded hands, compared to its average volume of 12,196,371. Yamana Gold has a 12 month low of $1.78 and a 12 month high of $3.23. The business’s fifty day simple moving average is $2.21. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.93 and a quick ratio of 0.52. The company has a market cap of $2.50 billion, a P/E ratio of 21.33 and a beta of 0.93.

Yamana Gold (NYSE:AUY) (TSE:YRI) last posted its earnings results on Wednesday, May 1st. The basic materials company reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.01 by $0.02. Yamana Gold had a positive return on equity of 3.09% and a negative net margin of 7.41%. The company had revenue of $407.10 million for the quarter, compared to analyst estimates of $414.49 million. During the same period last year, the company earned ($0.17) earnings per share. The business’s revenue was down 10.5% compared to the same quarter last year. On average, equities research analysts predict that Yamana Gold will post 0.03 EPS for the current fiscal year.

Large investors have recently modified their holdings of the company. Stephens Inc. AR grew its position in Yamana Gold by 14.1% during the first quarter. Stephens Inc. AR now owns 66,501 shares of the basic materials company’s stock worth $174,000 after buying an additional 8,219 shares in the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in Yamana Gold during the first quarter worth about $28,000. Paloma Partners Management Co acquired a new stake in Yamana Gold during the fourth quarter worth about $30,000. Advisor Group Inc. grew its position in Yamana Gold by 60.7% during the fourth quarter. Advisor Group Inc. now owns 35,022 shares of the basic materials company’s stock worth $81,000 after buying an additional 13,229 shares in the last quarter. Finally, Cetera Advisor Networks LLC acquired a new stake in Yamana Gold during the first quarter worth about $35,000. 43.71% of the stock is currently owned by institutional investors.

Yamana Gold Company Profile

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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Analyst Recommendations for Yamana Gold (NYSE:AUY)

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