Yamana Gold Inc. [AUY] is -25.39% lower this YTD. Is it still time to buy?

Yamana Gold Inc. [NYSE: AUY] price surged by 1.67 percent to reach at $0.07. The company report on September 13, 2021 that Yamana Gold Reports Positive Initial Exploration Drill Results at Wasamac; Provides an Update on Its Generative Exploration Program, Which Continues to Show Significant Progress of Both Advanced and Early Stage Exploration Projects.

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YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) announced positive initial drill results at its Wasamac project in the Abitibi-Témiscamingue Region of Quebec, Canada, confirming the presence of the Wasa Shear zone to the west of the main Wasamac zone and expanding the down-dip continuity of the Wasa Shear in a secondary zone known as Wildcat. These initial results further align with the objective to sustain 200,000 ounces per year of production at Wasamac and achieve a strategic mine life of more than 15 years, which, in turn, aligns with the potential to increase the Company’s average annual production in Quebec to approximately 500,000 ounces by 2028 through 2041.

A sum of 15592339 shares traded at recent session while its average daily volume was at 13.37M shares. Yamana Gold Inc. shares reached a high of $4.31 and dropped to a low of $4.17 until finishing in the latest session at $4.26.

The one-year AUY stock forecast points to a potential downside of -8.67. The average equity rating for AUY stock is currently 2.60, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on 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.

National Bank Financial have made an estimate for Yamana Gold Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on August 04, 2021. The new note on the price target was released on January 06, 2021, representing the official price target for Yamana Gold Inc. stock. Previously, the target price had yet another raise from $8.25 to $9, while BMO Capital Markets kept a Outperform rating on AUY stock.

The Average True Range (ATR) for Yamana Gold Inc. is set at 0.15, with the Price to Sales ratio for AUY stock in the period of the last 12 months amounting to 2.39. The Price to Book ratio for the last quarter was 0.94, with the Price to Cash per share for the same quarter was set at 0.75. Price to Free Cash Flow for AUY in the course of the last twelve months was 14.10 with Quick ratio for the last quarter at 1.50.

AUY Stock Performance Analysis:

Yamana Gold Inc. [AUY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.47. With this latest performance, AUY shares dropped by -2.52% in over the last four-week period, additionally sinking by -5.33% over the last 6 months – not to mention a drop of -32.59% 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 48.28, with the RSI for the last a single of trading hit 48.38, and the three-weeks RSI is set at 48.08 for Yamana Gold Inc. [AUY]. The present Moving Average for the last 50 days of trading for this stock 4.28, while it was recorded at 4.22 for the last single week of trading, and 4.76 for the last 200 days.

Insight into Yamana Gold Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Yamana Gold Inc. [AUY] shares currently have an operating margin of +27.86 and a Gross Margin at +33.81. Yamana Gold Inc.’s Net Margin is presently recorded at +13.04.

Return on Total Capital for AUY is now 7.89, given the latest momentum, and Return on Invested Capital for the company is 4.02. Return on Equity for this stock inclined to 4.98, with Return on Assets sitting at 2.74. When it comes to the capital structure of this company, Yamana Gold Inc. [AUY] has a Total Debt to Total Equity ratio set at 23.68. Additionally, AUY Total Debt to Total Capital is recorded at 19.14, with Total Debt to Total Assets ending up at 12.22. Long-Term Debt to Equity for the company is recorded at 23.38, with the Long-Term Debt to Total Capital now at 18.90.

Receivables Turnover for the company is 429.06 with a Total Asset Turnover recorded at a value of 0.21.Yamana Gold Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.70.

Yamana Gold Inc. [AUY] Insider Position Details

There are presently around $1,803 million, or 60.70% 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 112,814,385, which is approximately 4.024% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 29,380,059 shares of the stock with an approximate value of $125.16 million in AUY stocks shares; and AMERIPRISE FINANCIAL INC, currently with $113.74 million in AUY stock with ownership of nearly 9.478% 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 July and at the time of the July reporting period, where 121 institutional holders increased their position in Yamana Gold Inc. [NYSE:AUY] by around 40,521,999 shares. Additionally, 124 investors decreased positions by around 40,357,177 shares, while 62 investors held positions by with 342,394,547 shares. The mentioned changes placed institutional holdings at 423,273,723 shares, according to the latest SEC report filing. AUY stock had 40 new institutional investments in for a total of 11,804,172 shares, while 41 institutional investors sold positions of 1,837,768 shares during the same period.

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