Cormark Research Analysts Reduce Earnings Estimates for Yamana Gold Inc. (NYSE:AUY)

Yamana Gold Inc. (NYSE:AUYGet Rating) (TSE:YRI) – Equities researchers at Cormark dropped their Q1 2022 earnings estimates for Yamana Gold in a note issued to investors on Monday, April 25th. Cormark analyst R. Gray now anticipates that the basic materials company will earn $0.06 per share for the quarter, down from their previous estimate of $0.08.

Yamana Gold (NYSE:AUYGet Rating) (TSE:YRI) last released its earnings results on Thursday, February 17th. The basic materials company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.09 by $0.02. Yamana Gold had a net margin of 7.99% and a return on equity of 5.91%. The company had revenue of $503.80 million during the quarter.

Other research analysts also recently issued research reports about the stock. Raymond James set a $6.50 price target on shares of Yamana Gold and gave the stock a “market perform” rating in a research note on Wednesday, April 6th. StockNews.com cut shares of Yamana Gold from a “buy” rating to a “hold” rating in a report on Monday. Zacks Investment Research lowered shares of Yamana Gold from a “buy” rating to a “hold” rating in a research report on Friday, February 4th. Canaccord Genuity Group lifted their target price on shares of Yamana Gold from C$8.00 to C$9.00 and gave the company a “buy” rating in a report on Wednesday, February 23rd. Finally, National Bank Financial lifted their price target on shares of Yamana Gold from C$8.75 to C$9.25 in a research note on Wednesday, April 20th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $62.23.

NYSE:AUY opened at $5.58 on Tuesday. Yamana Gold has a twelve month low of $3.70 and a twelve month high of $6.40. The company has a market cap of $5.36 billion, a P/E ratio of 37.20, a P/E/G ratio of 9.96 and a beta of 1.43. The company’s 50-day moving average price is $5.52 and its 200-day moving average price is $4.62. The company has a current ratio of 1.87, a quick ratio of 1.50 and a debt-to-equity ratio of 0.15.

A number of large investors have recently bought and sold shares of the business. Toronto Dominion Bank grew its stake in Yamana Gold by 3.9% during the fourth quarter. Toronto Dominion Bank now owns 851,407 shares of the basic materials company’s stock valued at $3,583,000 after acquiring an additional 31,974 shares in the last quarter. U.S. Capital Wealth Advisors LLC bought a new stake in shares of Yamana Gold during the 3rd quarter valued at $52,000. Advisor Group Holdings Inc. increased its holdings in shares of Yamana Gold by 130.7% in the 3rd quarter. Advisor Group Holdings Inc. now owns 124,233 shares of the basic materials company’s stock worth $491,000 after buying an additional 70,394 shares during the last quarter. Capital World Investors boosted its position in Yamana Gold by 112.7% in the 3rd quarter. Capital World Investors now owns 8,881,000 shares of the basic materials company’s stock valued at $35,169,000 after buying an additional 4,706,000 shares during the period. Finally, Versor Investments LP raised its holdings in shares of Yamana Gold by 418.9% in the 3rd quarter. Versor Investments LP now owns 151,000 shares of the basic materials company’s stock valued at $595,000 after purchasing an additional 121,900 shares in the last quarter. Institutional investors and hedge funds own 41.82% of the company’s stock.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 14th. Investors of record on Thursday, March 31st were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend was Wednesday, March 30th. Yamana Gold’s payout ratio is 80.00%.

Yamana Gold Company Profile (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 and Estimates for Yamana Gold (NYSE:AUY)

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