Yamana Gold (AUY) Scheduled to Post Quarterly Earnings on Wednesday

Yamana Gold (NYSE:AUYGet Rating) (TSE:YRI) will issue its quarterly earnings data after the market closes on Wednesday, April 27th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Yamana Gold (NYSE:AUYGet Rating) (TSE:YRI) last released its earnings results on Thursday, February 17th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The company had revenue of $503.80 million for the quarter. Yamana Gold had a return on equity of 5.91% and a net margin of 7.99%. On average, analysts expect Yamana Gold to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

AUY opened at $6.25 on Wednesday. The firm has a market cap of $6.00 billion, a P/E ratio of 41.67, a price-to-earnings-growth ratio of 10.90 and a beta of 1.43. Yamana Gold has a 52-week low of $3.70 and a 52-week high of $6.40. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.50 and a current ratio of 1.87. The business’s fifty day moving average is $5.39 and its 200-day moving average is $4.56.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Thursday, March 31st were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.92%. The ex-dividend date was Wednesday, March 30th. Yamana Gold’s dividend payout ratio (DPR) is currently 80.00%.

Several analysts have recently issued reports on AUY shares. Zacks Investment Research lowered Yamana Gold from a “buy” rating to a “hold” rating in a report on Friday, February 4th. Berenberg Bank reissued a “buy” rating and set a $560.00 target price on shares of Yamana Gold in a report on Friday, February 18th. Raymond James set a $6.50 target price on Yamana Gold and gave the stock a “market perform” rating in a report on Wednesday, April 6th. Credit Suisse Group reissued an “outperform” rating and set a $5.25 target price on shares of Yamana Gold in a report on Friday, February 18th. Finally, StockNews.com upgraded Yamana Gold from a “hold” rating to a “buy” rating in a research report on Friday, April 15th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Yamana Gold presently has an average rating of “Buy” and a consensus price target of $68.19.

Institutional investors have recently bought and sold shares of the business. Allianz Asset Management GmbH raised its position in Yamana Gold by 9.7% in the fourth quarter. Allianz Asset Management GmbH now owns 3,666,549 shares of the basic materials company’s stock valued at $15,441,000 after purchasing an additional 325,027 shares during the last quarter. Norges Bank bought a new position in Yamana Gold in the fourth quarter valued at about $12,907,000. Marshall Wace LLP raised its position in Yamana Gold by 208.2% in the fourth quarter. Marshall Wace LLP now owns 2,050,373 shares of the basic materials company’s stock valued at $8,655,000 after purchasing an additional 1,385,103 shares during the last quarter. Bank of New York Mellon Corp raised its position in Yamana Gold by 0.4% in the third quarter. Bank of New York Mellon Corp now owns 1,231,208 shares of the basic materials company’s stock valued at $4,876,000 after purchasing an additional 5,000 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in Yamana Gold by 4.5% in the fourth quarter. JPMorgan Chase & Co. now owns 957,246 shares of the basic materials company’s stock valued at $4,039,000 after purchasing an additional 41,357 shares during the last quarter. Hedge funds and other institutional investors own 41.82% of the company’s stock.

About Yamana Gold (Get Rating)

Yamana Gold Inc, together with its subsidiaries, operates as a precious metal producer. It has gold and silver production, development-stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company was formerly known as Yamana Resources Inc and changed its name to Yamana Gold Inc in August 2003.

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Earnings History for Yamana Gold (NYSE:AUY)

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