Zacks: Brokers Anticipate Yamana Gold Inc. (AUY) Will make a profit of $ 0.04 per share



Analysts predict that Yamana Gold Inc. (NYSE: AUY) (TSE: YRI) $ 0.04 per share (EPS) will report for the current quarter, Zacks Investment Research reports. No analyst has made estimates for Yamana Gold's revenue. The lowest estimate of the EPS is $ 0.01 and the highest is $ 0.08. Yamana Gold also posted earnings per share of $ 0.04 in the same quarter last year. The company is expected to report its next quarterly results report on Thursday, October 25.

According to Zacks, analysts expect Yamana Gold to report a profit of $ 0.12 a year for the full year, with an EPS estimate of $ 0.06 to $ 0.21. For the next fiscal year, analysts expect the company to report a profit of $ 0.16 per share, with an EPS estimate of $ 0.10 to $ 0.32. The average earnings per share of Zacks is an average based on a survey of research agencies following Yamana Gold.

Yamana Gold (NYSE: AUY) (TSE: YRI) last released its quarterly results on Thursday, July 26. The base materials company reported $ 0.06 EPS for the quarter and beat Thomson Reuters' consensus estimate of $ 0.02 with $ 0.04. The company's revenue was $ 431.50 million compared to analysts' expectations of $ 456.05 million. Yamana Gold had a positive return on equity of 3.49% and a negative net margin of 15.63%. The quarterly turnover of the company increased by 8% compared to the same quarter last year. In the same quarter of the previous year, the company recorded ($ 0.04) EPS.

A number of brokers have issued reports about AUY. Zacks Investment Research has Yamana Gold from a & # 39; sell & # 39; credit to a & # 39; hold & # 39; rating in a research report on Wednesday, August 1. Raymond James raised their target price on Yamana Gold from $ 3.50 to $ 3.75 and gave the shares a market performance & # 39; review in a research report on Monday, July 30. TheStreet raised Yamana Gold from a "d +" rating to a "c" rating in a research report on Friday, July 27th. BMO Capital Markets raised Yamana Gold from a "market perform" rating to an "outperform" rating and increased their target price for the shares from $ 3.00 to $ 4.25 in a research report on Tuesday, July 31. Finally, ValuEngine Yamana Gold reduced a "sell" classification to a "strong sell" rating in a research report on Friday 3 August. One investment analyst has rated the shares with a sell rating, four have a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus score of "Buying" and an average target price of $ 3.89.

A number of institutional investors have recently changed their positions in AUY. Cerebellum GP LLC acquired a new position in Yamana Gold shares worth approximately $ 172,000 in the second quarter. ARP Americas LP increased its equity holdings in Yamana Gold by 144.6% in the second quarter. ARP Americas LP now owns 113,500 shares in the base materials company's stock worth $ 331,000 after buying an additional 67,100 shares during the last quarter. SG Americas Securities LLC increased its shareholdings in Yamana Gold shares by 37.1% in the first quarter. SG Americas Securities LLC now owns 121,657 shares of the parent material company business to the value of $ 336,000 after the purchase of additional 32,903 shares during the last quarter. Natixis increased its shareholdings in Yamana Gold shares by 52.9% in the second quarter. Natixis now holds 124,690 shares in the base material company's stock worth $ 361,000 after buying another 43,139 shares during the last quarter. Finally, Tower Research Capital LLC TRC canceled its shareholdings in Yamana Gold by 220.2% in the second quarter. Tower Research Capital LLC TRC now owns 147,005 shares in the base material company's stock of $ 426,000 after purchasing an additional 101,097 shares during the last quarter. 43.06% of the shares are owned by hedge funds and other institutional investors.

Yamana Gold shares rose $ 0.13 during Friday's trading hours and reached $ 2.80. 12,648,763 shares of the company were exchanged, compared with the average volume of 14,729,546. The stock has a market capitalization of $ 2.62 billion, a P / E ratio of 35.00 and a beta of 0.82. The company has a short ratio of 0.80, a current ratio of 1.04 and a debt-to-equity ratio of 0.41. Yamana Gold has a 12 month low of $ 2.40 and a 12 month peak of $ 3.80.

Yamana Gold Company Profile

Yamana Gold Inc operates as a gold producer with gold production, gold development phase properties, exploration properties and land positions throughout America, including Canada, Brazil, Chile and Argentina. It mainly sells precious metals, including gold, silver and copper. The company was formerly known as Yamana Resources Inc. and changed its name to Yamana Gold Inc. in July 2003.

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Income History and Estimates for Yamana Gold (NYSE: AUY)



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