FY2022 Earnings Forecast for Yamana Gold Inc. (NYSE:AUY) Issued By Cormark

Yamana Gold Inc. (NYSE:AUYGet Rating) (TSE:YRI) – Investment analysts at Cormark boosted their FY2022 EPS estimates for Yamana Gold in a report issued on Thursday, January 19th. Cormark analyst R. Gray now expects that the basic materials company will earn $0.31 per share for the year, up from their prior forecast of $0.30. The consensus estimate for Yamana Gold’s current full-year earnings is $0.26 per share. Cormark also issued estimates for Yamana Gold’s Q4 2022 earnings at $0.08 EPS, Q1 2023 earnings at $0.08 EPS, Q2 2023 earnings at $0.08 EPS, Q3 2023 earnings at $0.08 EPS, Q4 2023 earnings at $0.08 EPS and FY2023 earnings at $0.33 EPS.

Other research analysts have also recently issued research reports about the stock. TD Securities dropped their target price on shares of Yamana Gold from $7.00 to $6.00 in a report on Monday, October 31st. StockNews.com initiated coverage on shares of Yamana Gold in a report on Wednesday, October 12th. They issued a “hold” rating for the company. Finally, National Bank Financial increased their target price on shares of Yamana Gold from C$7.10 to C$8.05 in a report on Friday, January 13th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.37.

Yamana Gold Stock Up 1.5 %

AUY stock opened at $6.14 on Monday. The stock has a market capitalization of $5.90 billion, a P/E ratio of 23.62, a price-to-earnings-growth ratio of 2.80 and a beta of 1.20. The company has a current ratio of 1.98, a quick ratio of 1.52 and a debt-to-equity ratio of 0.15. Yamana Gold has a 12 month low of $3.88 and a 12 month high of $6.40. The firm has a 50-day moving average price of $5.58 and a 200-day moving average price of $4.97.

Yamana Gold (NYSE:AUYGet Rating) (TSE:YRI) last announced its quarterly earnings data on Thursday, October 27th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.01. The firm had revenue of $422.40 million for the quarter. Yamana Gold had a net margin of 13.99% and a return on equity of 6.03%.

Yamana Gold Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 13th. Investors of record on Friday, December 30th were issued a $0.03 dividend. The ex-dividend date of this dividend was Thursday, December 29th. This represents a $0.12 dividend on an annualized basis and a yield of 1.95%. Yamana Gold’s dividend payout ratio (DPR) is presently 46.16%.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Crossmark Global Holdings Inc. raised its holdings in Yamana Gold by 6.3% in the 4th quarter. Crossmark Global Holdings Inc. now owns 1,637,376 shares of the basic materials company’s stock valued at $9,087,000 after buying an additional 97,384 shares during the last quarter. Bennicas & Associates Inc. raised its holdings in Yamana Gold by 1.4% in the 4th quarter. Bennicas & Associates Inc. now owns 410,620 shares of the basic materials company’s stock valued at $2,279,000 after buying an additional 5,500 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in Yamana Gold by 2.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 317,924 shares of the basic materials company’s stock worth $1,440,000 after purchasing an additional 7,727 shares during the last quarter. Toroso Investments LLC raised its holdings in Yamana Gold by 20.8% during the 3rd quarter. Toroso Investments LLC now owns 160,848 shares of the basic materials company’s stock worth $729,000 after purchasing an additional 27,702 shares during the last quarter. Finally, Neuberger Berman Group LLC raised its holdings in Yamana Gold by 44.7% during the 3rd quarter. Neuberger Berman Group LLC now owns 504,206 shares of the basic materials company’s stock worth $2,293,000 after purchasing an additional 155,825 shares during the last quarter. Institutional investors own 58.93% of the company’s stock.

Yamana Gold Company Profile

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Yamana Gold, Inc engages in the production of gold, silver and copper. It operates through the following segments: El Peñón, Canadian Malartic, Jacobina, Minera Florida, Cerro Moro, Other Mines, and Corporate and Other. The company was founded by Peter Marrone on March 17, 1994 and is headquartered in Toronto, Canada.

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