Yamana Gold (TSE:YRI) Price Target Raised to C$6.25

Yamana Gold (TSE:YRI) (NYSE:AUY) had its price target upped by stock analysts at National Bank Financial from C$5.25 to C$6.25 in a report issued on Thursday, September 5th, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bank Financial’s target price points to a potential upside of 44.01% from the stock’s previous close.

YRI has been the topic of a number of other research reports. Eight Capital increased their price target on Yamana Gold from C$4.50 to C$5.50 in a research note on Thursday, August 8th. Canaccord Genuity increased their price target on Yamana Gold from C$4.75 to C$5.25 in a research note on Friday, July 19th. Finally, Bank of America increased their price target on Yamana Gold from C$3.25 to C$4.80 in a research note on Friday, August 16th.

TSE:YRI opened at C$4.34 on Thursday. Yamana Gold has a twelve month low of C$2.41 and a twelve month high of C$5.04. The company has a market cap of $4.12 billion and a P/E ratio of -31.00. The company has a quick ratio of 0.17, a current ratio of 1.66 and a debt-to-equity ratio of 47.02. The business has a 50 day moving average price of C$4.46 and a two-hundred day moving average price of C$3.48.

Yamana Gold (TSE:YRI) (NYSE:AUY) last posted its quarterly earnings results on Thursday, July 25th. The company reported C$0.03 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.02 by C$0.01. The business had revenue of C$620.02 million during the quarter. As a group, analysts anticipate that Yamana Gold will post 0.1205455 earnings per share for the current fiscal year.

Yamana Gold Company Profile

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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