Scotiabank Increases Yamana Gold Inc. (AUY) Price Target to $4.00

Marco Green
May 19, 2017

If the $2.88 price target is reached, the company will be worth $129.00M more. (AUY) has weekly volatility of 3.50%% while its monthly volatility value is at 4.40%%.

Several other analysts have also commented on AUY. TD Securities reaffirmed a "buy" rating and issued a $5.50 price objective on shares of Yamana Gold in a report on Thursday, May 4th. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Yamana Gold during the first quarter valued at about $111,000. UBS AG had 19 analyst reports since September 15, 2015 according to SRatingsIntel. The current share price indicates that stock is -21.57% away from its one year high and is moving 9.26% ahead of its 52-week low.

07/25/2016 - Yamana Gold Inc. was upgraded to "buy" by analysts at HSBC. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Historically, if we look at price target revisions, three weeks ago Yamana Gold Inc.

Shares of Yamana Gold (NYSE:AUY) opened at 2.82 on Monday.

The firm has a 50 day moving average of $2.79 and a 200 day moving average of $2.97. The short interest to Yamana Gold Incorporated's float is 1.77%. The stock floated in a price range of $2.77 to $2.87, with market capitalization of $2.69B.

Yamana Gold (NYSE:AUY) last announced its quarterly earnings results on Wednesday, May 3rd. The basic materials company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.02. The company's previous year sales total was 466.5 Million.

Debt to Equity ratio stands at 0.41 while Long Term Debt To Equity Ratio flashes the value of 0.37. The business's revenue was up.6% on a year-over-year basis. Year to Date performance value (YTD perf) value is 0.54%. The correct version of this article can be read at https://www.thecerbatgem.com/2017/05/18/q2-2017-earnings-estimate-for-yamana-gold-inc-issued-by-cormark-auy-updated.html.

The company also recently declared a quarterly dividend, which will be paid on Friday, July 14th. The company has Beta Value of 0.75 and ATR value of 0.12. This represents a $0.02 annualized dividend and a yield of 0.73%. More interesting news about Yamana Gold Inc.

ILLEGAL ACTIVITY WARNING: "Yamana Gold Inc". The firm earned "Underweight" rating on Monday, June 27 by JP Morgan. If you are viewing this piece of content on another website, it was illegally stolen and reposted in violation of US and global copyright & trademark law.

AUY first paid dividend in 2006 and has increased their dividend for 0 straight years. If you are a long-term investor, looking for such companies can be very rewarding. BlueCrest Capital Management Ltd acquired a new position in shares of Yamana Gold during the first quarter worth about $857,000. About 9.98M shares traded.

Institutional investors have recently bought and sold shares of the stock. Finally, World Asset Management Inc boosted its stake in shares of Yamana Gold by 2.2% in the first quarter. Geode Capital Management LLC now owns 454,625 shares of the basic materials company's stock valued at $1,248,000 after buying an additional 5,553 shares during the last quarter.

More notable recent Yamana Gold Inc. Stephens Inc. AR now owns 47,412 shares of the basic materials company's stock valued at $131,000 after buying an additional 1,381 shares during the last quarter.

A number of hedge funds have recently added to or reduced their stakes in the company. Its exploration projects include Chapada, Brazil; El Penon, Chile; Gualcamayo, Argentina; Minera Florida, Chile; Jacobina, Brazil; Cerro Moro, Argentina; Canadian Malartic Corporation, Canada; Monument Bay, Canada; Brio Gold Exploration; Pilar, Brazil; Fazenda Brasileiro, Brazil; RDM, Brazil, and C1 Santa Luz, Brazil.

Other reports by Click Lancashire

Discuss This Article

FOLLOW OUR NEWSPAPER