Yamana Gold Inc. (TSE: YRI) Given the consensus analyst recommendation to “Buy”

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Stocks of Yamana Gold Inc. (TSE: YRI) (NYSE: AUY) have received a consensus recommendation to “Buy” by the eleven brokerages that hedge the stock, MarketBeat reports. Three analysts gave the stock a conservation rating and five gave the company a buy rating. The average one-year target price among brokers who updated their stock coverage in the past year is C $ 8.05.

YRI has been the subject of a number of recent analyst reports. Credit Suisse Group set a price target of C $ 5.22 for Yamana Gold shares in a research report published on Wednesday, July 21. Raymond James lowered his price target on the Yamana Gold stock to C $ 7.50 and established a “market performance” rating on the stock in a research report released on Wednesday, October 13. National Bank Financial lowered its price target for Yamana Gold shares to C $ 7.25 and established an “outperformance” rating for the stock in a research report released on Friday, September 10. The CSFB reaffirmed an “outperformance” rating on Yamana Gold shares in a research report on Tuesday, July 20. Finally, Cormark lowered its price target on Yamana Gold shares from C $ 7.75 to C $ 7.50 and set a “sector performance” rating on the stock in a research report on Thursday, July 22. .

Yamana Gold stock opened at C $ 5.33 on Thursday. The company has a quick ratio of 1.27, a current ratio of 1.71, and a debt ratio of 19.77. The company has a 50-day moving average price of C $ 5.29 and a two-hundred-day moving average price of C $ 5.60. The company has a market capitalization of C $ 5.15 billion and a price / earnings ratio of 25.50. Yamana Gold has a 52-week low of CA $ 4.82 and a 52-week high of CA $ 7.88.

Yamana Gold (TSE: YRI) (NYSE: AUY) last released its results on Thursday, July 29. The company reported earnings per share (EPS) of C $ 0.09 for the quarter, beating analyst consensus estimates of C $ 0.06 by C $ 0.03. The company reported sales of C $ 537.42 million for the quarter. Research analysts expect Yamana Gold to post earnings per share of 0.25 for the current year.

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The company also recently announced a quarterly dividend, which was paid on Thursday, October 14. Investors of record on Thursday, September 30, received a dividend of $ 0.037. This is an increase from Yamana Gold’s previous quarterly dividend of $ 0.03. This represents a dividend of $ 0.15 on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend was Wednesday, September 29. Yamana Gold’s payout ratio is currently 46.05%.

Yamana Gold Company Profile

Yamana Gold Inc, together with its subsidiaries, operates as a producer of precious metals. It owns gold and silver production, developmental properties, exploration properties and land positions in the Americas, including Canada, Brazil, Chile and Argentina. The company was previously 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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