Shares of Yamana Gold Inc. (TSE:YRI) (NYSE:AUY) have been assigned a consensus recommendation of “Buy” from the six research firms that are covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is C$4.50.
A number of analysts have recently issued reports on the company. Eight Capital restated a “buy” rating on shares of Yamana Gold in a research report on Thursday, November 16th. National Bank Financial cut Yamana Gold from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from C$6.25 to C$4.75 in a research report on Friday, October 27th. Finally, Desjardins restated a “hold” rating on shares of Yamana Gold in a research report on Monday, December 11th.
In related news, Director Peter Marrone purchased 50,000 shares of the stock in a transaction on Wednesday, November 15th. The shares were purchased at an average cost of C$3.40 per share, for a total transaction of C$170,000.00. Also, insider Ross Douglas Gallinger purchased 14,500 shares of the stock in a transaction on Thursday, November 16th. The stock was bought at an average price of C$3.43 per share, for a total transaction of C$49,735.00. Over the last 90 days, insiders have bought 144,400 shares of company stock worth $496,226.
Yamana Gold (TSE YRI) opened at C$4.14 on Friday. The company has a market capitalization of $4,010.00, a P/E ratio of -9.00 and a beta of 0.24. Yamana Gold has a 1 year low of C$2.84 and a 1 year high of C$4.80.
Yamana Gold (TSE:YRI) (NYSE:AUY) last issued its quarterly earnings results on Thursday, October 26th. The company reported C$0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.03 by C$0.02. Yamana Gold had a return on equity of 3.88% and a net margin of 7.76%.
The company also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Friday, December 29th were given a dividend of $0.006 per share. The ex-dividend date of this dividend was Thursday, December 28th. This is a boost from Yamana Gold’s previous quarterly dividend of $0.01. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.58%. Yamana Gold’s payout ratio is currently -4.35%.
About Yamana Gold
Yamana Gold Inc is 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’s segments include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc (Brio Gold), and Corporate and other.
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.