Yamana Gold Inc. [NYSE: AUY] jumped around 0.12 points on Friday, while shares priced at $5.36 at the close of the session, up 2.29%. The company report on January 31, 2023 that Yamana and Pan American Shareholders Approve Proposed Transaction.
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The Arrangement Resolution was approved by approximately 98.87% of the votes cast by Yamana shareholders at the Meeting, with shareholder turnout of 61.59%. Detailed voting results for the Arrangement Resolution are as follows:.
Yamana Gold Inc. stock is now -3.42% down from its year-to-date (YTD) trading value. AUY Stock saw the intraday high of $5.38 and lowest of $5.23 per share. The company’s 52-week high price is 6.40, which means current price is +6.56% above from all time high which was touched on 01/25/23.
Compared to the average trading volume of 12.29M shares, AUY reached a trading volume of 13987701 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 $6.20 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.
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 0.14, with the Price to Sales ratio for AUY stock in the period of the last 12 months amounting to 2.71. The Price to Book ratio for the last quarter was 1.17, with the Price to Cash per share for the same quarter was set at 0.59. Price to Free Cash Flow for AUY in the course of the last twelve months was 31.45 with Quick ratio for the last quarter at 1.50.
How has AUY stock performed recently?
Yamana Gold Inc. [AUY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.10. With this latest performance, AUY shares dropped by -12.70% in over the last four-week period, additionally plugging by 21.54% over the last 6 months – not to mention a rise of 3.47% 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 44.15, with the RSI for the last a single of trading hit 49.63, and the three-weeks RSI is set at 44.39 for Yamana Gold Inc. [AUY]. The present Moving Average for the last 50 days of trading for this stock 5.71, while it was recorded at 5.20 for the last single week of trading, and 5.09 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 $3,135 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 99,293,970, which is approximately -9.605% of the company’s market cap and around 0.20% of the total institutional ownership; VANGUARD GROUP INC, holding 33,418,248 shares of the stock with an approximate value of $179.12 million in AUY stocks shares; and JPMORGAN CHASE & CO, currently with $162.13 million in AUY stock with ownership of nearly 51.765% of the company’s market capitalization.
Positions in Yamana Gold Inc. stocks held by institutional investors increased at the end of Monday and at the time of the Monday reporting period, where 122 institutional holders increased their position in Yamana Gold Inc. [NYSE:AUY] by around 152,377,908 shares. Additionally, 139 investors decreased positions by around 134,148,673 shares, while 67 investors held positions by with 298,329,801 shares. The mentioned changes placed institutional holdings at 584,856,382 shares, according to the latest SEC report filing. AUY stock had 54 new institutional investments in for a total of 63,464,940 shares, while 40 institutional investors sold positions of 33,977,893 shares during the same period.