Yamana Gold Inc. (TSE:YRI) is set to announce its earnings results after the market closes on Thursday, July 28th. Analysts expect the company to announce earnings of $0.02 per share for the quarter.
Several equities research analysts have weighed in on the stock. Canaccord Genuity raised their target price on shares of Yamana Gold from C$5.25 to C$6.00 in a research note on Tuesday, April 12th. Royal Bank Of Canada raised their target price on shares of Yamana Gold from C$5.10 to C$5.75 and gave the company a “sector perform” rating in a research note on Thursday, May 5th. Goldman Sachs Group Inc. raised their target price on shares of Yamana Gold from C$2.70 to C$4.40 in a research note on Wednesday, May 11th. TD Securities raised their target price on shares of Yamana Gold from C$5.75 to C$6.00 and gave the company a “buy” rating in a research note on Friday, May 6th. Finally, Dundee Securities raised their target price on shares of Yamana Gold from C$2.50 to C$3.00 in a research note on Thursday, April 7th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of C$6.02.
Shares of Yamana Gold Inc. (TSE:YRI) traded up 8.07% on Wednesday, reaching $7.77. 6,012,603 shares of the company traded hands. The stock’s market capitalization is $7.36 billion. The company has a 50-day moving average of $6.90 and a 200-day moving average of $4.98. Yamana Gold Inc. has a 1-year low of $1.89 and a 1-year high of $7.83.
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.
