In yesterday’s Wall Street session, Yamana Gold Inc. (NYSE:AUY) shares traded at $4.97, down -0.80% from the previous session.
AUY stock price is now 8.78% away from the 50-day moving average and 0.06% away from the 200-day moving average. The market capitalization of the company currently stands at $4.63B.
With the price target maintained at $6, BofA Securities recently Upgraded its rating from Neutral to Buy for Yamana Gold Inc. (NYSE: AUY)., while ‘Barclays’ rates the stock as ‘Equal Weight’.
Insiders disposed of 1,127,382 shares of company stock worth roughly $5.6 million over the past 1 year. A total of 0.20% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in AUY stock. A new stake in Yamana Gold Inc. shares was purchased by SAND GROVE CAPITAL MANAGEMENT LLP during the first quarter worth $45,219,000. CAPITAL GROWTH MANAGEMENT LP invested $19,880,000 in shares of AUY during the first quarter. In the first quarter, AXA S.A. acquired a new stake in Yamana Gold Inc. valued at approximately $12,598,000. CASTLE HOOK PARTNERS LP acquired a new stake in AUY for approximately $4,970,000. PRELUDE CAPITAL MANAGEMENT, LLC purchased a new stake in AUY valued at around $3,953,000 in the second quarter. In total, there are 460 active investors with 60.70% ownership of the company’s stock.
On Thursday morning Yamana Gold Inc. (NYSE: AUY) stock kicked off with the opening price of $4.9100. During the past 12 months, Yamana Gold Inc. has had a low of $3.70 and a high of $6.40. As of last week, the company has a debt-to-equity ratio of 0.20, a current ratio of 2.00, and a quick ratio of 1.50. The fifty day moving average price for AUY is $4.5690 and a two-hundred day moving average price translates $4.9671 for the stock.
The latest earnings results from Yamana Gold Inc. (NYSE: AUY) was released for Sep, 2022. According to the Gold Company, earnings per share came in at $0.05, beating analysts’ expectations of $0.04 by 0.01. This compares to $0.03 EPS in the same period last year. The net profit margin was 14.00% and return on equity was 5.90% for AUY. The company reported revenue of $422.4 million for the quarter, compared to $452.2 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.59 percent. For the current quarter, analysts expect AUY to generate $463.49M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 10/14/2022. Investors who held shares on 09/30/2022 were paid a $0.03 dividend. On an annualized basis, this represents a $0.12 dividend and a 2.41% percent yield. There was an ex-dividend date of 09/29/2022 for this dividend. In terms of dividend payout ratio, AUY is presently at 44.40%.
Yamana Gold Inc.(AUY) Company Profile
Yamana Gold Inc., together with its subsidiaries, operates as a precious metal producer. It has gold and silver production, development-stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company was formerly known as Yamana Resources Inc. and changed its name to Yamana Gold Inc. in August 2003. Yamana Gold Inc. was founded in 2003 and is headquartered in Toronto, Canada.