Sofia Tsakos Acquires 25000 Shares of Yamana Gold Inc. (YRI) Stock

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). The stock was acquired at an average price of C$3.37 per share, for a total transaction of C$84,250.00. The company was maintained on Tuesday, October 18 by RBC Capital Markets. Yamana Gold (NYSE:AUY)'s price sits -4.06% off from its 50-day moving average of $2.78 and -20.21% away from the stock's 200-day moving average which is $2.92. Finally, Royal Bank of Canada lowered their price target on Yamana Gold to C$5.00 and set an "outperform" rating on the stock in a report on Tuesday, February 28th. Finally, TD Securities reissued a "buy" rating and issued a $5.50 price objective on shares of Yamana Gold in a report on Thursday, May 4th.

Several equities research analysts have recently commented on AUY shares. Inc. boosted its position in shares of Yamana Gold by 13.2% in the first quarter. Yamana Gold, Inc. (AUY) 52 week low value is at $2.40 and its current distance from 52 week low value is 11.67%. The Coatue Management Llc holds 2.84 million shares with $274.13 million value, down from 2.95 million last quarter. Van ECK Associates Corp now owns 76,956,143 shares of the basic materials company's stock worth $212,390,000 after buying an additional 15,076,270 shares during the last quarter. More interesting news about Yamana Gold Inc. Comparatively, Yamana Gold, Inc. posted earnings of $0.02 per share in the same quarter past year. They now have a United States dollars 7.2 price target on the stock. The basic materials company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.01 by $0.02. Investors measure stock performance on the basis of a company's earnings power. The fund owned 1,238,291 shares of the basic materials company's stock after selling 1,009,264 shares during the period.

Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. The stock decreased 2.90% or $0.08 during the last trading session, reaching $2.68. The rating was downgraded by BMO Capital Markets on Monday, December 19 to "Market Perform". Similarly, the company's last 5 years high P/E ratio is 29.24 and low P/E is 29.24, whereas, the industry's and sector's high P/E for the past year is 199.86 and 147 respectively and low P/E ratio for the last 5 years is 185.13 for the industry and 14.72 for the Sector.

Yamana Gold (NYSE:AUY) last issued its quarterly earnings data on Wednesday, May 3rd. Yamana Gold had a positive return on equity of 0.89% and a negative net margin of 97.73%. The company has market cap of $747.98 million. During the same period in the prior year, the company posted $0.03 EPS. The company's revenue for the quarter was up.6% compared to the same quarter previous year.

Recently analysts working for various investment brokerages have changed their ratings and price targets on shares of Yamana Gold Inc.

The business also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Investors of record on Friday, June 30th will be issued a $0.005 dividend. The ex-dividend date of this dividend is Wednesday, June 28th. This represents a $0.02 annualized dividend and a yield of 0.75%.

The company's quick ratio for most recent quarter is 0.9 along with current ratio for most recent quarter of 0.9.

  • Zachary Reyes