Yamana Gold Inc. (TSE:YRI) – Equities researchers at National Bank Financial cut their FY2017 earnings estimates for shares of Yamana Gold in a research note issued to investors on Wednesday. National Bank Financial analyst S. Parsons now anticipates that the brokerage will post earnings per share of $0.05 for the year, down from their prior estimate of $0.17.

Earnings History and Estimates for Yamana Gold (TSE:YRI)

A number of other research firms also recently weighed in on YRI. Canaccord Genuity decreased their price objective on Yamana Gold from C$10.00 to C$7.50 in a report on Tuesday, July 12th. Royal Bank Of Canada decreased their price objective on Yamana Gold from C$9.80 to C$9.15 and set a “sector perform” rating for the company in a report on Wednesday, August 3rd. TD Securities increased their price objective on Yamana Gold from C$7.00 to C$7.50 and gave the company a “buy” rating in a report on Tuesday, August 2nd. Finally, Scotiabank restated a “sector perform” rating and issued a C$6.50 price objective on shares of Yamana Gold in a report on Tuesday. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of C$7.15.

Shares of Yamana Gold (TSE:YRI) traded up 0.40% on Monday, reaching $4.98. The company’s stock had a trading volume of 1,390,053 shares. Yamana Gold has a 52-week low of $2.00 and a 52-week high of $7.87. The company’s market cap is $4.72 billion. The firm has a 50 day moving average of $5.58 and a 200 day moving average of $6.15.

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.

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