Yamana Gold Inc. (YRI.TO) (TSE:YRI) Reaches New 12-Month Low at $0.01

Yamana Gold Inc. (YRI.TO) (TSE:YRI) (NYSE:AUY)’s stock price reached a new 52-week low on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01, with a volume of 2087549 shares trading hands. The stock had previously closed at C$6.84.

YRI has been the subject of several research analyst reports. Royal Bank of Canada reiterated a “sector perform” rating on shares of Yamana Gold Inc. (YRI.TO) in a research report on Friday, October 30th. Eight Capital upped their price target on shares of Yamana Gold Inc. (YRI.TO) from C$10.00 to C$12.00 in a report on Wednesday, October 14th. Finally, National Bank Financial lowered their price objective on shares of Yamana Gold Inc. (YRI.TO) from C$9.50 to C$9.00 in a research report on Thursday, October 22nd.

The company has a debt-to-equity ratio of 26.86, a current ratio of 1.44 and a quick ratio of 0.96. The company has a market capitalization of C$6.41 billion and a price-to-earnings ratio of 56.53. The firm has a 50-day moving average price of C$7.13 and a two-hundred day moving average price of C$7.62.

Yamana Gold Inc. (YRI.TO) (TSE:YRI) (NYSE:AUY) last released its earnings results on Thursday, October 29th. The company reported C$0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.10 by C$0.03. The firm had revenue of C$585.53 million during the quarter. On average, equities analysts predict that Yamana Gold Inc. will post 0.48 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 14th. Investors of record on Thursday, December 31st will be issued a dividend of $0.061 per share. This is a boost from Yamana Gold Inc. (YRI.TO)’s previous quarterly dividend of $0.04. The ex-dividend date is Wednesday, December 30th. This represents a $0.24 annualized dividend and a yield of 3.63%. Yamana Gold Inc. (YRI.TO)’s dividend payout ratio is presently 45.97%.

Yamana Gold Inc. (YRI.TO) Company Profile (TSE:YRI)

Yamana Gold Inc, a precious metals producer, explores for and produces gold and silver ores. Its producing mines comprise the Cerro Moro mine in Argentina, the Canadian Malartic mine in Canada, the El Peñón and Minera Florida mines in Chile, and the Jacobina mine in Brazil. Yamana Gold Inc has an agreement to acquire the Wasamac property, and Camflo property and a mill located in the Abitibi region of Quebec.

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