Brokerages forecast that Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) will announce earnings per share of $0.01 for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have provided estimates for Yamana Gold’s earnings. The highest EPS estimate is $0.02 and the lowest is $0.01. Yamana Gold reported earnings per share of ($0.01) in the same quarter last year, which would indicate a positive year-over-year growth rate of 200%. The company is scheduled to report its next earnings report on Wednesday, May 2nd.
On average, analysts expect that Yamana Gold will report full-year earnings of $0.14 per share for the current fiscal year, with EPS estimates ranging from $0.07 to $0.20. For the next fiscal year, analysts forecast that the company will report earnings of $0.24 per share, with EPS estimates ranging from $0.11 to $0.39. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Yamana Gold.
Yamana Gold (NYSE:AUY) (TSE:YRI) last posted its earnings results on Thursday, February 15th. The basic materials company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. The business had revenue of $478.80 million during the quarter. Yamana Gold had a positive return on equity of 1.87% and a negative net margin of 10.44%.
Large investors have recently added to or reduced their stakes in the business. Mackenzie Financial Corp lifted its holdings in Yamana Gold by 1.7% during the 3rd quarter. Mackenzie Financial Corp now owns 7,414,900 shares of the basic materials company’s stock worth $19,649,000 after buying an additional 122,420 shares during the last quarter. ARP Americas LP bought a new position in Yamana Gold during the 4th quarter worth approximately $402,000. Ameriprise Financial Inc. lifted its holdings in Yamana Gold by 8.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,945,509 shares of the basic materials company’s stock worth $13,106,000 after buying an additional 391,534 shares during the last quarter. Russell Investments Group Ltd. lifted its holdings in Yamana Gold by 36.5% during the 3rd quarter. Russell Investments Group Ltd. now owns 303,424 shares of the basic materials company’s stock worth $802,000 after buying an additional 81,198 shares during the last quarter. Finally, Deutsche Bank AG lifted its holdings in Yamana Gold by 16.4% during the 4th quarter. Deutsche Bank AG now owns 12,660,833 shares of the basic materials company’s stock worth $39,500,000 after buying an additional 1,782,822 shares during the last quarter. 46.48% of the stock is currently owned by institutional investors.
Yamana Gold (AUY) opened at $2.60 on Thursday. The company has a market capitalization of $2,466.36, a PE ratio of -12.38 and a beta of 0.88. Yamana Gold has a 1-year low of $2.21 and a 1-year high of $3.80. The company has a quick ratio of 0.87, a current ratio of 1.08 and a debt-to-equity ratio of 0.39.
The company also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be issued a dividend of $0.005 per share. This represents a $0.02 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date is Wednesday, March 28th. Yamana Gold’s dividend payout ratio is presently -9.52%.
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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.
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