Wall Street Analyst Upgrade Yamana Gold Inc. [AUY]. What else is Wall St. saying

Yamana Gold Inc. [NYSE: AUY] jumped around 0.01 points on Friday, while shares priced at $5.42 at the close of the session, up 0.18%. The company report on December 13, 2022 that More Progress as Regards Globex Assets.


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The property, which straddles the gold localizing Porcupine Destor Break, includes numerous areas of drill defined gold mineralization as reported in a NI 43-101 report titled “Technical Report and Mineral Resource Estimate Update for the Duquesne-Ottoman Property, Quebec, Canada for Xmet Inc.”, by David Power-Fardy, M.Sc., P.Geo. and Kurt Breede, P.Eng. of Watts Griffis and McOuat October 29, 2011. The report indicated an Inferred Gold Resource of 4.17 Mt grading 5.42 g/t Au cut (6.36 uncut) for 727,000 oz. Au cut and 853,000 oz. Au uncut.

Yamana Gold Inc. stock is now 28.44% up from its year-to-date (YTD) trading value. AUY Stock saw the intraday high of $5.50 and lowest of $5.36 per share. The company’s 52-week high price is 6.40, which means current price is +41.15% above from all time high which was touched on 04/18/22.

Compared to the average trading volume of 21.16M shares, AUY reached a trading volume of 20734650 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 $6.11 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 2.20. 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.

BofA Securities have made an estimate for Yamana Gold Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 22, 2021. The new note on the price target was released on August 04, 2021, representing the official price target for Yamana Gold Inc. stock. Previously, the target price had yet another raise to $5.50, while Barclays analysts kept a Equal Weight rating on AUY stock. On November 16, 2020, analysts increased their price target for AUY shares from 8.25 to 9.

The Average True Range (ATR) for Yamana Gold Inc. is set at 0.18, with the Price to Sales ratio for AUY stock in the period of the last 12 months amounting to 2.81. The Price to Book ratio for the last quarter was 1.18, with the Price to Cash per share for the same quarter was set at 0.58. Price to Free Cash Flow for AUY in the course of the last twelve months was 32.54 with Quick ratio for the last quarter at 1.50.

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 -1.63. With this latest performance, AUY shares gained by 8.18% in over the last four-week period, additionally plugging by 4.63% over the last 6 months – not to mention a rise of 35.50% 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 54.35, with the RSI for the last a single of trading hit 49.56, and the three-weeks RSI is set at 55.72 for Yamana Gold Inc. [AUY]. The present Moving Average for the last 50 days of trading for this stock 4.97, while it was recorded at 5.52 for the last single week of trading, and 5.05 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 +29.10 and a Gross Margin at +34.54. Yamana Gold Inc.’s Net Margin is presently recorded at +8.12.

Return on Equity for this stock inclined to 3.34, with Return on Assets sitting at 1.73.

Yamana Gold Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 2.00.

Insider trade positions for Yamana Gold Inc. [AUY]

There are presently around $3,088 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 109,844,657, which is approximately -2.586% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 32,727,708 shares of the stock with an approximate value of $177.38 million in AUY stocks shares; and GOLDMAN SACHS GROUP INC, currently with $154.64 million in AUY stock with ownership of nearly 368.12% of the company’s market capitalization.

Positions in Yamana Gold Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 119 institutional holders increased their position in Yamana Gold Inc. [NYSE:AUY] by around 110,715,107 shares. Additionally, 140 investors decreased positions by around 86,012,593 shares, while 69 investors held positions by with 373,075,628 shares. The mentioned changes placed institutional holdings at 569,803,328 shares, according to the latest SEC report filing. AUY stock had 36 new institutional investments in for a total of 21,767,555 shares, while 48 institutional investors sold positions of 15,109,548 shares during the same period.

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