Barclays slashes price target on Yamana Gold Inc. [AUY] – find out why.

Yamana Gold Inc. [NYSE: AUY] traded at a high on 01/19/21, posting a 1.18 gain after which it closed the day’ session at $5.13. The company report on January 14, 2021 that Yamana Gold to Provide 2020 Fourth Quarter and Full Year Preliminary Production Results and Update Production Guidance on January 25; a Corporate Update Event Will Follow on January 26.

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YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) plans to release its 2020 fourth quarter and full year preliminary production results along with three-year production guidance and a 10-year production overview after the market close on January 25, 2021.

A corporate update will follow on Tuesday, January 26, 2021, from 10:00 am-12:00 pm ET (3:00-5:00 pm GMT) during which the Company will share its strategic priorities, provide an operational update, and discuss its long-term production outlook from 2021 onward. The event will be accessible via conference call or webcast. Please see details below.

The results of the trading session contributed to over 15856690 shares changing hands. Over the past one week, the price volatility of Yamana Gold Inc. stands at 3.56% while the volatility over the past one month is 3.87%.

The market cap for AUY stock reached $4.89 billion, with 952.62 million shares outstanding and 948.63 million shares in the current float. Compared to the average trading volume of 14.67M shares, AUY reached a trading volume of 15856690 in the most recent trading day, which is why market watchdogs consider the stock to be active.

What do top market gurus say about Yamana Gold Inc. [AUY]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AUY shares is $3.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AUY stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Barclays have made an estimate for Yamana Gold Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on January 06, 2021. While these analysts kept the previous recommendation, BMO Capital Markets raised their target price from $8.25 to $9. The new note on the price target was released on November 16, 2020, representing the official price target for Yamana Gold Inc. stock.

The Average True Range (ATR) for Yamana Gold Inc. is set at 0.23, with the Price to Sales ratio for AUY stock in the period of the last 12 months amounting to 3.30. The Price to Book ratio for the last quarter was 1.14.

How has AUY stock performed recently?

Yamana Gold Inc. [AUY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.18. With this latest performance, AUY shares dropped by -8.88% in over the last four-week period, additionally sinking by -11.55% over the last 6 months – not to mention a rise of 39.40% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AUY stock in for the last two-week period is set at 38.04, with the RSI for the last a single of trading hit 32.44, and the three-weeks RSI is set at 41.32 for Yamana Gold Inc. [AUY]. The present Moving Average for the last 50 days of trading for this stock 5.53, while it was recorded at 5.24 for the last single week of trading, and 5.50 for the last 200 days.

Yamana Gold Inc. [AUY]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Yamana Gold Inc. [AUY] shares currently have an operating margin of +13.93 and a Gross Margin at +20.86. Yamana Gold Inc.’s Net Margin is presently recorded at +13.99.

Return on Total Capital for AUY is now 4.03, given the latest momentum, and Return on Invested Capital for the company is 4.10. Return on Equity for this stock inclined to 5.50, with Return on Assets sitting at 2.97. When it comes to the capital structure of this company, Yamana Gold Inc. [AUY] has a Total Debt to Total Equity ratio set at 26.08. Additionally, AUY Total Debt to Total Capital is recorded at 20.68, with Total Debt to Total Assets ending up at 15.33. Long-Term Debt to Equity for the company is recorded at 24.36, with the Long-Term Debt to Total Capital now at 19.32.

Reflecting on the efficiency of the workforce at the company, Yamana Gold Inc. [AUY] managed to generate an average of $30,674 per employee. Receivables Turnover for the company is 113.79 with a Total Asset Turnover recorded at a value of 0.21.

Earnings analysis for Yamana Gold Inc. [AUY]

With the latest financial reports released by the company, Yamana Gold Inc. posted -0.03/share EPS, while the average EPS was predicted by analysts to be reported at 0/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AUY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Yamana Gold Inc. go to 40.04%.

Insider trade positions for Yamana Gold Inc. [AUY]

There are presently around $2,212 million, or 53.77% of AUY stock, in the hands of institutional investors. The top three institutional holders of AUY stocks are: VAN ECK ASSOCIATES CORP with ownership of 107,657,717, which is approximately 3.463% of the company’s market cap and around 0.32% of the total institutional ownership; BOSTON PARTNERS, holding 42,690,718 shares of the stock with an approximate value of $219.0 million in AUY stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $142.78 million in AUY stock with ownership of nearly -33.64% of the company’s market capitalization.

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Positions in Yamana Gold Inc. stocks held by institutional investors increased at the end of January and at the time of the January reporting period, where 125 institutional holders increased their position in Yamana Gold Inc. [NYSE:AUY] by around 23,178,577 shares. Additionally, 128 investors decreased positions by around 47,455,257 shares, while 40 investors held positions by with 360,579,830 shares. The mentioned changes placed institutional holdings at 431,213,664 shares, according to the latest SEC report filing. AUY stock had 43 new institutional investments in for a total of 2,177,564 shares, while 32 institutional investors sold positions of 4,718,955 shares during the same period.

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