TD Securities Trims Yamana Gold (AUY) Target Price to $4.25

Yamana Gold (NYSE:AUY) (TSE:YRI) had its price target reduced by TD Securities from $4.50 to $4.25 in a research report released on Tuesday. They currently have a buy rating on the basic materials company’s stock.

A number of other brokerages have also weighed in on AUY. Royal Bank of Canada reaffirmed a buy rating and issued a $4.00 price objective on shares of Yamana Gold in a report on Wednesday, January 31st. ValuEngine raised Yamana Gold from a sell rating to a hold rating in a report on Tuesday, January 9th. TheStreet raised Yamana Gold from a d+ rating to a c- rating in a report on Friday, December 29th. Zacks Investment Research lowered Yamana Gold from a hold rating to a sell rating in a report on Thursday, February 1st. Finally, Macquarie raised Yamana Gold from a neutral rating to an outperform rating in a report on Friday, February 9th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of $3.66.

Shares of Yamana Gold (AUY) opened at $2.93 on Tuesday. Yamana Gold has a twelve month low of $2.21 and a twelve month high of $3.80. The firm has a market capitalization of $2,780.00, a P/E ratio of -14.65 and a beta of 0.77. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.99 and a quick ratio of 0.62.

The company also recently declared a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 29th will be paid a dividend of $0.005 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Wednesday, March 28th. Yamana Gold’s dividend payout ratio (DPR) is -10.00%.

Several large investors have recently made changes to their positions in AUY. Timber Hill LLC boosted its stake in shares of Yamana Gold by 233.3% during the 3rd quarter. Timber Hill LLC now owns 38,716 shares of the basic materials company’s stock worth $103,000 after acquiring an additional 27,100 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in shares of Yamana Gold by 16.5% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 46,795 shares of the basic materials company’s stock worth $114,000 after acquiring an additional 6,616 shares in the last quarter. Creative Planning boosted its stake in shares of Yamana Gold by 171.1% during the 4th quarter. Creative Planning now owns 37,072 shares of the basic materials company’s stock worth $116,000 after acquiring an additional 23,399 shares in the last quarter. Exane Derivatives boosted its stake in shares of Yamana Gold by 718.0% during the 4th quarter. Exane Derivatives now owns 38,373 shares of the basic materials company’s stock worth $119,000 after acquiring an additional 33,682 shares in the last quarter. Finally, Fore Capital LLC purchased a new stake in shares of Yamana Gold during the 4th quarter worth approximately $156,000. 42.94% of the stock is currently owned by institutional investors and hedge funds.

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About Yamana Gold

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

Analyst Recommendations for Yamana Gold (NYSE:AUY)

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