Yamana Gold (AUY) Trading 0% Higher

Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) shares traded up 0% during mid-day trading on Thursday . The stock traded as high as $3.36 and last traded at $3.34. 20,125,880 shares traded hands during trading, an increase of 29% from the average session volume of 15,557,210 shares. The stock had previously closed at $3.34.

Several research analysts recently issued reports on the stock. TheStreet raised shares of Yamana Gold from a “d+” rating to a “c-” rating in a report on Friday, December 29th. ValuEngine upgraded shares of Yamana Gold from a “sell” rating to a “hold” rating in a research report on Tuesday. BMO Capital Markets restated a “hold” rating and set a $3.00 target price on shares of Yamana Gold in a research report on Wednesday, December 20th. Royal Bank of Canada set a $4.00 target price on shares of Yamana Gold and gave the stock a “buy” rating in a research report on Tuesday, October 17th. Finally, TD Securities set a $4.00 target price on shares of Yamana Gold and gave the stock a “buy” rating in a research report on Monday, October 16th. One analyst has rated the stock with a sell rating, eight have issued a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $3.46.

The stock has a market cap of $3,180.00, a PE ratio of -9.03 and a beta of 0.63. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.62 and a current ratio of 0.99.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be given a $0.005 dividend. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.02 annualized dividend and a dividend yield of 0.60%. Yamana Gold’s dividend payout ratio is presently -5.41%.

Hedge funds have recently added to or reduced their stakes in the company. Timber Hill LLC grew its position in shares of Yamana Gold by 233.3% in the third quarter. Timber Hill LLC now owns 38,716 shares of the basic materials company’s stock valued at $103,000 after purchasing an additional 27,100 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in shares of Yamana Gold by 16.5% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 46,795 shares of the basic materials company’s stock valued at $114,000 after purchasing an additional 6,616 shares during the last quarter. Stephens Inc. AR grew its position in shares of Yamana Gold by 1.1% in the second quarter. Stephens Inc. AR now owns 47,911 shares of the basic materials company’s stock valued at $116,000 after purchasing an additional 499 shares during the last quarter. QCM Cayman Ltd. acquired a new stake in shares of Yamana Gold in the second quarter valued at approximately $117,000. Finally, Virtu Financial LLC grew its position in shares of Yamana Gold by 444.0% in the third quarter. Virtu Financial LLC now owns 239,475 shares of the basic materials company’s stock valued at $198,000 after purchasing an additional 195,452 shares during the last quarter. Institutional investors and hedge funds own 40.55% of the company’s stock.

TRADEMARK VIOLATION NOTICE: This article was originally reported by Markets Daily and is owned by of Markets Daily. If you are accessing this article on another website, it was illegally copied and republished in violation of U.S. and international copyright and trademark law. The original version of this article can be accessed at https://www.themarketsdaily.com/2018/01/12/yamana-gold-auy-trading-0-higher.html.

Yamana Gold Company Profile

Yamana Gold Inc is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The Company’s segments include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc (Brio Gold), and Corporate and other.

Receive News & Ratings for Yamana Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamana Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply