A number of other research firms have also weighed in on AUY. Raymond James set a $6.50 target price on Yamana Gold and gave the company a market perform rating in a research note on Wednesday, April 6th. Zacks Investment Research lowered Yamana Gold from a buy rating to a hold rating in a research note on Friday, February 4th. Canaccord Genuity Group boosted their target price on Yamana Gold from C$8.00 to C$9.00 and gave the company a buy rating in a research note on Wednesday, February 23rd. Credit Suisse Group reissued an outperform rating and issued a $5.25 target price on shares of Yamana Gold in a research note on Friday, February 18th. Finally, National Bank Financial upped their price target on Yamana Gold from C$6.50 to C$6.75 in a research report on Thursday, February 10th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of Buy and a consensus target price of $68.19.
Shares of AUY stock opened at $5.88 on Thursday. The company has a quick ratio of 1.50, a current ratio of 1.87 and a debt-to-equity ratio of 0.15. The business has a 50-day moving average price of $5.11 and a two-hundred day moving average price of $4.46. Yamana Gold has a 12-month low of $3.70 and a 12-month high of $6.08. The firm has a market cap of $5.65 billion, a P/E ratio of 39.20, a price-to-earnings-growth ratio of 10.25 and a beta of 1.43.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 14th. Shareholders of record on Thursday, March 31st will be issued a dividend of $0.03 per share. The ex-dividend date of this dividend is Wednesday, March 30th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 2.04%. Yamana Gold’s dividend payout ratio (DPR) is 80.00%.
A number of hedge funds have recently added to or reduced their stakes in AUY. Rockefeller Capital Management L.P. raised its holdings in Yamana Gold by 85.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 8,082 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 3,729 shares during the period. PYA Waltman Capital LLC purchased a new position in Yamana Gold in the fourth quarter worth about $38,000. Oppenheimer & Co. Inc. purchased a new position in Yamana Gold in the third quarter worth about $41,000. Mraz Amerine & Associates Inc. purchased a new position in Yamana Gold in the third quarter worth about $42,000. Finally, Hancock Whitney Corp bought a new stake in Yamana Gold in the fourth quarter worth about $42,000. 41.82% of the stock is currently owned by institutional investors and hedge funds.
About Yamana Gold (Get Rating)
Yamana Gold, Inc engages in the production of gold, silver and copper. It operates through the following segments: El Peñón, Canadian Malartic, Jacobina, Minera Florida, Cerro Moro, Other Mines, and Corporate and Other. The company was founded by Peter Marrone on March 17, 1994 and is headquartered in Toronto, Canada.
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