Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) shares gapped up prior to trading on Friday . The stock had previously closed at $4.31, but opened at $4.43. Yamana Gold shares last traded at $4.66, with a volume of 23,864,243 shares traded.

Several equities analysts have recently issued reports on AUY shares. Raymond James reaffirmed a “market perform” rating and issued a $5.00 price objective on shares of Yamana Gold in a research note on Wednesday. Stifel Nicolaus raised shares of Yamana Gold from a “hold” rating to a “buy” rating and set a $6.50 price objective on the stock in a research note on Tuesday, February 11th. Royal Bank of Canada reissued a “hold” rating and issued a $3.75 target price on shares of Yamana Gold in a research report on Monday, January 27th. ValuEngine raised shares of Yamana Gold from a “strong sell” rating to a “sell” rating in a research report on Tuesday. Finally, Barclays reissued a “sell” rating and issued a $3.50 target price on shares of Yamana Gold in a research report on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and six have issued a buy rating to the company’s stock. Yamana Gold currently has an average rating of “Hold” and a consensus price target of $4.69.

The firm’s 50-day moving average price is $3.93 and its two-hundred day moving average price is $3.61. The firm has a market capitalization of $4.21 billion, a PE ratio of 19.42 and a beta of 0.94. The company has a quick ratio of 0.66, a current ratio of 0.98 and a debt-to-equity ratio of 0.24.

Yamana Gold (NYSE:AUY) (TSE:YRI) last released its earnings results on Thursday, February 13th. The basic materials company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.01). The firm had revenue of $383.80 million during the quarter, compared to analysts’ expectations of $378.36 million. Yamana Gold had a return on equity of 2.91% and a net margin of 14.01%. The business’s revenue was down 20.6% on a year-over-year basis. During the same period last year, the business earned $0.03 earnings per share. Equities research analysts forecast that Yamana Gold Inc. will post 0.16 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 14th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.009 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Monday, March 30th. Yamana Gold’s dividend payout ratio is currently 30.77%.

Several hedge funds have recently bought and sold shares of AUY. Amundi Pioneer Asset Management Inc. lifted its stake in Yamana Gold by 67.2% in the first quarter. Amundi Pioneer Asset Management Inc. now owns 5,090,583 shares of the basic materials company’s stock valued at $13,287,000 after acquiring an additional 2,046,440 shares during the last quarter. First Interstate Bank lifted its stake in Yamana Gold by 51.4% in the third quarter. First Interstate Bank now owns 98,700 shares of the basic materials company’s stock valued at $314,000 after acquiring an additional 33,500 shares during the last quarter. CIBC Asset Management Inc lifted its stake in Yamana Gold by 0.9% in the third quarter. CIBC Asset Management Inc now owns 636,895 shares of the basic materials company’s stock valued at $2,019,000 after acquiring an additional 5,439 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Yamana Gold by 11.3% in the third quarter. Commonwealth Equity Services LLC now owns 47,619 shares of the basic materials company’s stock valued at $151,000 after acquiring an additional 4,850 shares during the last quarter. Finally, Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in Yamana Gold in the third quarter valued at approximately $56,000. Institutional investors and hedge funds own 44.98% of the company’s stock.

About Yamana Gold (NYSE:AUY)

Yamana Gold Inc engages in operating mines, development stage projects, and exploration and mineral properties primarily in Canada, Brazil, Chile, and Argentina. The company primarily sells precious metals, including gold, silver, and copper. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil; the Canadian Malartic mine in Canada; and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.

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