Yamana Gold (TSE:YRI) (NYSE:AUY) had its price target lowered by Canaccord Genuity from C$4.25 to C$4.00 in a research note published on Tuesday, BayStreet.CA reports.

Several other research analysts have also recently issued reports on the company. National Bank Financial cut Yamana Gold from an outperform overweight rating to a sector perform overweight rating and dropped their price objective for the stock from C$5.00 to C$3.75 in a research note on Thursday, April 18th. CSFB reissued an outperform rating and issued a C$4.00 price objective on shares of Yamana Gold in a research note on Tuesday, February 26th. BMO Capital Markets set a C$2.30 price objective on Yamana Gold and gave the stock a market perform rating in a research note on Wednesday, April 17th. Finally, Eight Capital dropped their price objective on Yamana Gold from C$4.75 to C$4.50 in a research note on Tuesday, April 16th.

Shares of TSE:YRI opened at C$2.92 on Tuesday. Yamana Gold has a 52-week low of C$2.66 and a 52-week high of C$4.20. The company has a market capitalization of $2.81 billion and a P/E ratio of -9.73. The company has a current ratio of 0.87, a quick ratio of 0.26 and a debt-to-equity ratio of 44.71.

Yamana Gold (TSE:YRI) (NYSE:AUY) last announced its quarterly earnings data on Thursday, February 14th. The company reported C$0.04 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.02 by C$0.02. The firm had revenue of C$638.95 million during the quarter. As a group, equities research analysts predict that Yamana Gold will post 0.150000009118542 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Friday, March 29th. Shareholders of record on Friday, March 29th were given a dividend of $0.007 per share. This represents a $0.03 annualized dividend and a yield of 0.96%. The ex-dividend date of this dividend was Thursday, March 28th. This is a boost from Yamana Gold’s previous quarterly dividend of $0.01. Yamana Gold’s dividend payout ratio (DPR) is -6.67%.

In related news, Director Peter Marrone bought 9,000 shares of the company’s stock in a transaction on Friday, March 1st. The shares were acquired at an average price of C$3.41 per share, with a total value of C$30,690.00. Following the transaction, the director now owns 1,734,687 shares of the company’s stock, valued at C$5,915,282.67. Also, Senior Officer Richard Campbell sold 12,776 shares of the stock in a transaction on Tuesday, February 19th. The shares were sold at an average price of C$3.68, for a total value of C$47,015.68. Following the sale, the insider now directly owns 55,783 shares in the company, valued at approximately C$205,281.44.

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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