Yamana Gold (TSE:YRI) Sets New 52-Week High at $5.08

Yamana Gold Inc. (TSE:YRI) (NYSE:AUY) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$5.08 and last traded at C$5.09, with a volume of 505369 shares changing hands. The stock had previously closed at C$4.87.

YRI has been the topic of a number of analyst reports. National Bank Financial lowered their target price on shares of Yamana Gold from C$6.00 to C$5.50 and set an “outperform” rating on the stock in a report on Monday, November 18th. Bank of America boosted their price target on Yamana Gold from C$3.25 to C$4.80 in a research note on Friday, August 16th. Finally, Eight Capital boosted their price target on Yamana Gold from C$4.50 to C$5.50 in a research note on Thursday, August 8th.

The company has a market capitalization of $4.63 billion and a price-to-earnings ratio of 32.04. The company has a debt-to-equity ratio of 26.89, a quick ratio of 0.31 and a current ratio of 0.94. The firm has a fifty day moving average price of C$4.56 and a 200-day moving average price of C$3.99.

Yamana Gold (TSE:YRI) (NYSE:AUY) last posted its quarterly earnings results on Thursday, October 24th. The company reported C$0.07 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.03 by C$0.04. The company had revenue of C$472.38 million during the quarter. On average, sell-side analysts forecast that Yamana Gold Inc. will post 0.1902008 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st will be paid a dividend of $0.013 per share. The ex-dividend date is Monday, December 30th. This represents a $0.05 dividend on an annualized basis and a yield of 1.04%. Yamana Gold’s payout ratio is 15.92%.

About Yamana Gold (TSE:YRI)

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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