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Wall Street brokerage firms predict Yamana Gold Inc. (NYSE: AUY) (TSE: YRI) to post earnings per share of $ 0.03 for the current quarter According to Zacks Investment Research, Zero badysts have provided earnings estimates for Yamana Gold, the highest estimate being $ 0.04 and the lowest estimate of $ 0.01.
On average, badysts expect Yamana Gold to post an annual profit of $ 0.11 per share for the current fiscal year, with earnings per share estimates ranging from 0.07 $ to $ 0.17. The average earnings per share of Zacks is an average based on a survey conducted with sell-side research badysts who cover Yamana Gold.
Yamana Gold (NYSE: AUY)) (TSE: YRI) last announced its quarterly results on Wednesday, May 2nd. The core materials company reported earnings per share of $ 0.01 for the quarter, reaching the consensus estimate of $ 0.01 from Zacks. The company achieved a turnover of $ 450.00 million during the quarter, against $ 450.05 million for badysts. Yamana Gold had a positive return on equity of 2.33% and a negative net margin of 18.50%. The company 's sales figure rose 11.4% from one year to the next. During the same period last year, the company earned ($ 0.01) earnings per share.
A number of equity research badysts have recently published reports on AUY shares. Zacks Investment Research took Yamana Gold from a "hold" rating to a "buy" rating and set a target price of $ 3.25 on the stock in a research report on Wednesday, July 4th. Credit Suisse Group has set a target price of $ 4.00 on Yamana Gold and awarded a "buy" rating in a research report on Thursday, May 3rd. GMP Securities took Yamana Gold from a "hold" rating to a "buy" rating in a report on Thursday, May 3rd. GARP Research upgraded Yamana Gold from a "neutral" rating to a "buy" rating in a research note on Thursday, May 3rd. Finally, National Bank Financial upgraded Yamana Gold from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, April 10. One research badyst rated the stock with a sales rating, four badigned a holdback rating and eight gave a purchase grade to the company. The company currently has an average rating of "Buy" and a consensus price target of $ 3.63.
Yamana Gold opened at $ 2.91 on Friday, reports Marketbeat.com. Yamana Gold has a low of $ 2.33 over 52 weeks and a high of $ 3.80 over 52 weeks. The company has a ratio of 1.14, a ratio of 0.98 and a debt ratio of 0.40. The stock has a market capitalization of $ 2.76 billion, a capitalization ratio of 36.38 and a beta of 0.84.
The company also recently declared a quarterly dividend, which was paid on Friday, July 13th. Shareholders of record on Friday, June 29 received a dividend of $ 0.005 per share. This represents an annualized dividend of $ 0.02 and a return of 0.69%. The ex-dividend date of this dividend was Thursday, June 28. Yamana Gold's dividend payout ratio (DPR) is currently 25.00%.
Several institutional investors and hedge funds recently added or reduced their holdings in AUY. Fore Capital LLC purchased a new position in Yamana Gold during the fourth quarter, valued at approximately $ 156,000. Cerebellum GP LLC bought a new stake in Yamana Gold shares in the second quarter valued at about $ 172,000. SG Americas Securities LLC strengthened its position in Yamana Gold shares by 37.1% in the first quarter. SG Americas Securities LLC now holds 121,657 shares in the base materials company worth $ 336,000 after purchasing 32,903 additional shares in the last quarter. Ladenburg Thalmann Financial Services Inc. increased its position in Yamana Gold by 17.6% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now holds 188,660 shares of the base materials business valued at $ 589,000 after acquiring 28,210 additional shares during the last quarter. Finally, Fiera Capital Corp. raised its position in Yamana Gold by 26.4% in the first quarter. Fiera Capital Corp now owns 195,897 shares of the base materials company valued at $ 541,000 after acquiring 40,897 additional shares in the last quarter. Hedge funds and other institutional investors own 43.30% of the company's shares.
Yamana Gold Company is a gold producer with gold production, gold development properties, exploration properties and land in the Americas, including Canada, Brazil, Chile, and Argentina . It sells mainly precious metals, including gold, silver and copper. The company was formerly known as Yamana Resources Inc. and was renamed Yamana Gold Inc in July 2003.
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