Raymond James set a $7.00 price target on Yamana Gold (NYSE:AUY – Get Rating) (TSE:YRI) in a research report report published on Thursday, BayStreet.CA reports. The firm currently has a market perform rating on the basic materials company’s stock.
A number of other analysts also recently issued reports on the stock. Credit Suisse Group reiterated an outperform rating and issued a $5.25 price target on shares of Yamana Gold in a report on Friday, February 18th. Berenberg Bank restated a buy rating and issued a $560.00 target price on shares of Yamana Gold in a report on Friday, February 18th. Stifel Nicolaus boosted their target price on shares of Yamana Gold from C$10.00 to C$10.25 in a report on Thursday, April 7th. StockNews.com downgraded shares of Yamana Gold from a buy rating to a hold rating in a report on Monday. Finally, Zacks Investment Research downgraded shares of Yamana Gold from a buy rating to a hold rating in a report on Friday, February 4th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Yamana Gold currently has an average rating of Buy and an average target price of $62.28.
AUY opened at $5.63 on Thursday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.50 and a current ratio of 1.87. Yamana Gold has a fifty-two week low of $3.70 and a fifty-two week high of $6.40. The firm’s fifty day moving average is $5.56 and its 200 day moving average is $4.65. The stock has a market cap of $5.41 billion, a price-to-earnings ratio of 37.20, a price-to-earnings-growth ratio of 9.96 and a beta of 1.43.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 14th. Shareholders of record on Thursday, March 31st were given a $0.03 dividend. The ex-dividend date was Wednesday, March 30th. This represents a $0.12 annualized dividend and a yield of 2.13%. Yamana Gold’s dividend payout ratio (DPR) is 80.00%.
Institutional investors have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. boosted its position 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 valued at $34,000 after buying an additional 3,729 shares during the period. PYA Waltman Capital LLC purchased a new stake in shares of Yamana Gold in the 4th quarter worth approximately $38,000. Hancock Whitney Corp purchased a new stake in shares of Yamana Gold in the 4th quarter worth approximately $42,000. Oppenheimer & Co. Inc. purchased a new stake in shares of Yamana Gold in the 3rd quarter worth approximately $41,000. Finally, Mraz Amerine & Associates Inc. purchased a new stake in shares of Yamana Gold in the 3rd quarter worth approximately $42,000. 41.82% of the stock is owned by institutional investors.
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.
- Get a free copy of the StockNews.com research report on Yamana Gold (AUY)
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