Yamana Gold (NYSE:AUY) (TSE:YRI) was upgraded by TheStreet from a “d” rating to a “c-” rating in a research note issued on Tuesday.
A number of other equities analysts have also weighed in on the company. Credit Suisse Group set a $4.00 price objective on Yamana Gold and gave the company a “buy” rating in a research note on Friday, February 15th. ValuEngine upgraded Yamana Gold from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. CIBC upgraded Yamana Gold from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $3.20 to $3.75 in a research note on Monday, January 21st. Zacks Investment Research lowered Yamana Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, January 16th. Finally, BMO Capital Markets lowered Yamana Gold from an “outperform” rating to a “market perform” rating and set a $3.00 price objective for the company. in a research note on Monday, December 10th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $3.31.
NYSE AUY opened at $2.74 on Tuesday. The stock has a market cap of $2.65 billion, a price-to-earnings ratio of 22.83 and a beta of 0.87. Yamana Gold has a fifty-two week low of $2.00 and a fifty-two week high of $3.23. The company has a quick ratio of 0.71, a current ratio of 0.86 and a debt-to-equity ratio of 0.44.
Yamana Gold (NYSE:AUY) (TSE:YRI) last released its quarterly earnings data on Thursday, February 14th. The basic materials company reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.01. The business had revenue of $483.40 million during the quarter, compared to analyst estimates of $495.01 million. Yamana Gold had a positive return on equity of 2.73% and a negative net margin of 15.99%. The company’s revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.20) EPS. Analysts forecast that Yamana Gold will post 0.09 EPS for the current year.
Institutional investors have recently made changes to their positions in the stock. Strategic Family Wealth Counselors L.L.C. purchased a new position in shares of Yamana Gold in the 4th quarter valued at about $26,000. Hellman Jordan Management Co. Inc. MA purchased a new position in shares of Yamana Gold in the 4th quarter valued at about $26,000. Paloma Partners Management Co purchased a new position in shares of Yamana Gold in the 4th quarter valued at about $30,000. Cozad Asset Management Inc. purchased a new position in shares of Yamana Gold in the 4th quarter valued at about $31,000. Finally, Stamos Capital Partners L.P. purchased a new position in shares of Yamana Gold in the 4th quarter valued at about $32,000. Hedge funds and other institutional investors own 45.79% of the company’s stock.
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. The company primarily sells precious metals, including gold, silver, and copper. It also holds an option to earn a 70% ownership interest in the TPK property, a gold-silver-copper property located in northwestern Ontario.
Featured Story: How interest rates affect municipal bond prices
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.