Yamana Gold Inc. (TSE:YRI) Given Average Rating of “Moderate Buy” by Brokerages

Yamana Gold Inc. (TSE:YRIGet Rating) (NYSE:AUY) has earned a consensus rating of “Moderate Buy” from the eleven brokerages that are presently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$68.97.

A number of brokerages have issued reports on YRI. Eight Capital decreased their price target on Yamana Gold from C$10.00 to C$9.00 in a research note on Wednesday, October 26th. Canaccord Genuity Group decreased their price target on Yamana Gold from C$9.25 to C$8.75 in a research note on Thursday, October 20th. National Bankshares lifted their price objective on Yamana Gold from C$6.75 to C$7.10 in a research note on Wednesday, November 9th. Finally, Cormark lifted their price objective on Yamana Gold from C$6.65 to C$6.80 in a research note on Monday, November 7th.

Yamana Gold Price Performance

Shares of TSE:YRI opened at C$7.15 on Friday. The stock’s 50-day moving average price is C$6.30 and its two-hundred day moving average price is C$6.32. The company has a current ratio of 1.98, a quick ratio of 1.25 and a debt-to-equity ratio of 14.85. Yamana Gold has a 12-month low of C$4.78 and a 12-month high of C$8.05. The firm has a market cap of C$6.87 billion and a price-to-earnings ratio of 19.86.

Yamana Gold (TSE:YRIGet Rating) (NYSE:AUY) last issued its quarterly earnings results on Thursday, October 27th. The company reported C$0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.05 by C$0.02. The business had revenue of C$551.16 million during the quarter. On average, research analysts forecast that Yamana Gold will post 0.23 EPS for the current year.

Yamana Gold Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 13th. Investors of record on Friday, December 30th will be issued a dividend of $0.041 per share. This is an increase from Yamana Gold’s previous quarterly dividend of $0.04. This represents a $0.16 annualized dividend and a dividend yield of 2.29%. The ex-dividend date is Thursday, December 29th. Yamana Gold’s dividend payout ratio (DPR) is presently 44.44%.

About Yamana Gold

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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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Analyst Recommendations for Yamana Gold (TSE:YRI)

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