Gold Yamana (IS: YRI – Get a rating) (NYSE: AUY) had its target price raised by research analysts at Eight Capital from C$10.00 to C$10.75 in a research note released to investors on Thursday, BayStreet.CA reports. Eight Capital’s price target indicates a potential upside of 42.95% from the current stock price.
YRI has been the subject of a number of other reports. Raymond James reaffirmed a “holding” rating and set a target price of C$6.00 on Yamana Gold shares in a Friday, February 18 research report. Credit Suisse Group reaffirmed an “outperform” rating and set a target price of CA$7.00 on Yamana Gold shares in a Friday, February 18 research report. Berenberg Bank reaffirmed a “buy” rating and set a target price of C$590.00 on Yamana Gold shares in a Tuesday, April 5 research report. CSFB set a target price of C$5.25 on shares of Yamana Gold and gave the stock an “outperform” rating in a Thursday, February 10, research report. Finally, National Bankshares raised its target price on Yamana Gold shares from C$8.75 to C$9.25 in a research report on Wednesday. Three research analysts gave the stock a hold rating and seven gave the company a buy rating. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$56.29.
IS YRI traded lower C$0.34 during Thursday’s trading, hitting C$7.52. The stock recorded a trading volume of 2,697,605 shares, compared to an average volume of 3,117,763 shares. The company has a debt ratio of 16.27, a quick ratio of 1.18 and a current ratio of 1.87. The stock has a market cap of C$7.23 billion and a price-to-earnings ratio of 39.58. Yamana Gold has a 1-year low of C$4.78 and a 1-year high of C$8.05. The stock has a 50-day simple moving average of C$6.87 and a 200-day simple moving average of C$5.78.
Gold Yamana (IS: YRI – Get a rating) (NYSE:AUY) last reported quarterly earnings data on Thursday, February 17. The company reported earnings per share (EPS) of C$0.14 for the quarter, beating Thomson Reuters consensus estimate of C$0.11 by C$0.03. The company had revenue of C$635.16 million in the quarter. On average, sell-side analysts expect Yamana Gold to post EPS of 0.22 for the current year.
In other Yamana Gold news, Director Daniel Racine sold 37,945 shares of the company in a trade that took place on Monday, February 14. The shares were sold at an average price of C$5.64, for a total value of C$214,009.80. Following the completion of the sale, the administrator now directly owns 619,245 shares of the company, valued at C$3,492,541.80. Additionally, senior officer Richard Campbell sold 13,246 shares of the company in a trade that took place on Monday, February 14. The shares were sold at an average price of CA$5.64, for a total transaction of CA$74,707.44. Following the completion of the sale, the insider now owns 129,458 shares of the company, valued at C$730,143.12. In the past three months, insiders have sold 232,331 shares of the company worth $1,475,880.
About Yamana Gold (Get a rating)
Yamana Gold Inc, together with its subsidiaries, operates as a producer of precious metals. It has gold and silver production, development-stage properties, exploration properties and land positions in all of 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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