Yamana Gold (TSE:YRI) (NYSE:AUY) Director Peter Marrone bought 50,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 10th. The stock was purchased at an average cost of C$3.59 per share, for a total transaction of C$179,500.00.
TSE:YRI traded up C$0.01 during mid-day trading on Tuesday, reaching C$3.70. The stock had a trading volume of 1,110,081 shares, compared to its average volume of 2,741,900. Yamana Gold has a 1-year low of C$2.84 and a 1-year high of C$4.69.
Yamana Gold (TSE:YRI) (NYSE:AUY) last issued its earnings results on Thursday, February 15th. The company reported C$0.08 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of C$0.04 by C$0.04. Yamana Gold had a negative net margin of 41.69% and a negative return on equity of 17.87%. The firm had revenue of C$608.11 million for the quarter.
The firm also recently announced a quarterly dividend, which was paid on Friday, April 13th. Shareholders of record on Thursday, March 29th were issued a $0.006 dividend. The ex-dividend date of this dividend was Wednesday, March 28th. This represents a $0.02 dividend on an annualized basis and a yield of 0.65%.
Several analysts recently issued reports on YRI shares. Canaccord Genuity increased their price target on Yamana Gold from C$5.25 to C$6.00 in a report on Friday, January 19th. National Bank Financial reiterated an “outperform overweight” rating on shares of Yamana Gold in a research note on Monday, April 9th. Finally, Royal Bank of Canada lifted their price target on Yamana Gold from C$3.50 to C$4.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 31st.
ILLEGAL ACTIVITY WARNING: This news story was reported by Macon Daily and is the property of of Macon Daily. If you are reading this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright law. The legal version of this news story can be read at https://macondaily.com/2018/04/17/yamana-gold-inc-yri-director-peter-marrone-purchases-50000-shares-updated.html.
Yamana Gold Company Profile
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.
Receive News & Ratings for Yamana Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamana Gold and related companies with MarketBeat.com's FREE daily email newsletter.