Yamana Gold Inc. (TSE:YRI) (NYSE:AUY) shares traded down 2.9% during trading on Thursday . The company traded as low as C$3.40 and last traded at C$3.40. 2,867,475 shares were traded during mid-day trading, a decline of 29% from the average session volume of 4,013,427 shares. The stock had previously closed at C$3.50.
A number of research analysts recently commented on the company. National Bank Financial cut Yamana Gold from an “outperform” rating to a “sector perform” rating and reduced their target price for the company from C$6.25 to C$4.75 in a research note on Friday, October 27th. Eight Capital restated a “buy” rating on shares of Yamana Gold in a research report on Thursday, November 16th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company. Yamana Gold currently has a consensus rating of “Buy” and a consensus target price of C$5.28.
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a dividend of $0.006 per share. This represents a $0.02 annualized dividend and a yield of 0.74%. This is a positive change from Yamana Gold’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, December 28th. Yamana Gold’s dividend payout ratio is presently -4.17%.
COPYRIGHT VIOLATION NOTICE: “Yamana Gold (YRI) Trading Down 2.9%” was originally posted by Week Herald and is the sole property of of Week Herald. If you are viewing this news story on another website, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this news story can be accessed at https://weekherald.com/2017/12/02/yamana-gold-yri-trading-down-2-9.html.
About Yamana Gold
Yamana Gold Inc is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The Company’s segments include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc (Brio Gold), and Corporate and other.
Receive News & Ratings for Yamana Gold Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamana Gold Inc. and related companies with MarketBeat.com's FREE daily email newsletter.