Yamana Gold Inc. (NYSE:AUY) – Equities researchers at National Bank Financial decreased their FY2016 earnings per share (EPS) estimates for shares of Yamana Gold in a note issued to investors on Wednesday. National Bank Financial analyst S. Parsons now anticipates that the brokerage will earn $0.08 per share for the year, down from their previous estimate of $0.13.

Several other equities research analysts have also recently weighed in on AUY. Credit Suisse Group AG upgraded Yamana Gold from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $4.50 to $6.50 in a research note on Thursday, June 30th. HSBC reiterated a “buy” rating on shares of Yamana Gold in a research note on Thursday, July 7th. Zacks Investment Research upgraded Yamana Gold from a “hold” rating to a “strong-buy” rating and set a $6.50 price objective for the company in a research note on Friday, July 8th. TD Securities reiterated a “buy” rating and issued a $7.50 price objective (up previously from $7.00) on shares of Yamana Gold in a research note on Wednesday, August 3rd. Finally, Barclays PLC boosted their price objective on Yamana Gold from $4.00 to $6.00 and gave the company an “equal weight” rating in a research note on Monday, August 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $4.75.

Earnings History and Estimates for Yamana Gold (NYSE:AUY)

Shares of Yamana Gold (NYSE:AUY) traded down 2.39% during trading on Friday, hitting $3.67. 13,895,260 shares of the company traded hands. Yamana Gold has a 52-week low of $1.38 and a 52-week high of $5.99. The company has a 50-day moving average of $4.30 and a 200-day moving average of $4.70. The stock’s market capitalization is $3.48 billion.

Yamana Gold (NYSE:AUY) last announced its quarterly earnings data on Thursday, July 28th. The company reported $0.01 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The company earned $466.50 million during the quarter, compared to analysts’ expectations of $466.44 million. Yamana Gold had a negative net margin of 104.16% and a positive return on equity of 0.12%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.01) earnings per share.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 14th. Shareholders of record on Friday, September 30th will be issued a $0.005 dividend. This represents a $0.02 annualized dividend and a yield of 0.53%. The ex-dividend date of this dividend is Wednesday, September 28th. Yamana Gold’s dividend payout ratio (DPR) is -1.01%.

Hedge funds have recently bought and sold shares of the stock. NN Investment Partners Holdings N.V. raised its stake in Yamana Gold by 10,949.6% in the second quarter. NN Investment Partners Holdings N.V. now owns 592,921 shares of the company’s stock valued at $3,083,000 after buying an additional 587,555 shares during the period. Gulf International Bank UK Ltd raised its stake in Yamana Gold by 6.0% in the second quarter. Gulf International Bank UK Ltd now owns 289,912 shares of the company’s stock valued at $1,501,000 after buying an additional 16,300 shares during the period. Integrated Investment Consultants LLC purchased a new stake in Yamana Gold during the second quarter valued at $591,000. BNP Paribas Arbitrage SA raised its stake in Yamana Gold by 154.2% in the second quarter. BNP Paribas Arbitrage SA now owns 448,743 shares of the company’s stock valued at $2,333,000 after buying an additional 272,243 shares during the period. Finally, Ladenburg Thalmann Financial Services Inc. raised its stake in Yamana Gold by 48.2% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 191,541 shares of the company’s stock valued at $587,000 after buying an additional 62,267 shares during the period. 49.59% of the stock is currently owned by institutional investors.

Yamana Gold Company Profile

Yamana Gold Inc (Yamana) is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Canada. The Company’s segments include Chapada mine in Brazil, El Penon mine in Chile, Canadian Malartic mine in Canada (50% interest), Gualcamayo mine in Argentina, Mercedes mine in Mexico, Brio Gold Inc, and Corporate and other.

5 Day Chart for NYSE:AUY

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