The stock of Yamana Gold Inc. (USA) (NYSE:AUY) is a huge mover today! About 3.92M shares traded hands. Yamana Gold Inc. (USA) (NYSE:AUY) has risen 18.77% since March 4, 2016 and is uptrending. It has outperformed by 10.73% the S&P500.
The move comes after 6 months positive chart setup for the $3.38 billion company. It was reported on Oct, 7 by Barchart.com. We have $4.51 PT which if reached, will make NYSE:AUY worth $743.60M more.
Analysts await Yamana Gold Inc. (USA) (NYSE:AUY) to report earnings on November, 3. They expect $0.05 EPS, up 350.00% or $0.07 from last year’s $-0.02 per share. AUY’s profit will be $45.68 million for 18.50 P/E if the $0.05 EPS becomes a reality. After $0.01 actual EPS reported by Yamana Gold Inc. (USA) for the previous quarter, Wall Street now forecasts 400.00% EPS growth.
Yamana Gold Inc. (USA) (NYSE:AUY) Ratings Coverage
Out of 11 analysts covering Yamana Gold Inc. (NYSE:AUY), 5 rate it a “Buy”, 1 “Sell”, while 5 “Hold”. This means 45% are positive. Yamana Gold Inc. has been the topic of 23 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) earned “Sell” rating by Goldman Sachs on Wednesday, February 24. The firm has “Outperform” rating by Credit Suisse given on Monday, September 21. As per Wednesday, January 27, the company rating was downgraded by JP Morgan. HSBC upgraded Yamana Gold Inc. (USA) (NYSE:AUY) on Wednesday, July 22 to “Buy” rating. The firm has “Overweight” rating given on Friday, December 11 by JP Morgan. The firm has “Outperform” rating by Raymond James given on Monday, March 14. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) earned “Outperform” rating by BMO Capital Markets on Thursday, May 12. RBC Capital Markets maintained Yamana Gold Inc. (USA) (NYSE:AUY) rating on Wednesday, November 4. RBC Capital Markets has “Sector Perform” rating and $3.50 price target. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) has “Hold” rating given on Monday, October 26 by HSBC. Raymond James downgraded the shares of AUY in a report on Friday, January 15 to “Mkt Perform” rating.
According to Zacks Investment Research, “Yamana Gold is a Canadian gold producer with significant gold production, gold and copper-gold development stage properties, exploration properties and land positions in all major mineral areas in Brazil.”
Another recent and important Yamana Gold Inc. (USA) (NYSE:AUY) news was published by Fool.ca which published an article titled: “Which Is the Better Gold Stock: Yamana Gold Inc. or Kinross Gold Corporation?” on August 30, 2016.
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