Yamana Gold Inc. (NYSE: AUY) is -21.89% lower on its value in year-to-date trading and has touched a low of $2.73 and a high of $7.02 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AUY stock was last observed hovering at around $4.48 in the last trading session, with the day’s loss setting it -0.02% off its average median price target of $7.84 for the next 12 months. It is also 52.75% off the consensus price target high of $9.44 offered by 16 analysts, but current levels are 6.11% higher than the price target low of $4.75 for the same period.
Currently trading at $4.46, the stock is 0.97% and -4.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.28 million and changing -0.45% at the moment leaves the stock -18.38% off its SMA200. AUY registered 50.17% gain for a year compared to 6-month loss of -20.50%. The firm has a 50-day simple moving average (SMA 50) of $4.4956 and a 200-day simple moving average (SMA200) of $5.3060.
The stock witnessed a 11.22% gain in the last 1 month and extending the period to 3 months gives it a -21.34%, and is -2.41% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.87% over the week and 3.64% over the month.
Current P/E ratio is 21.24 and Fwd P/E is 23.47. Distance from 52-week low is 63.37% and -36.47% from its 52-week high.
Yamana Gold Inc. (AUY) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Yamana Gold Inc. (AUY) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.60, where 6 rate it as a Hold and 1 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Yamana Gold Inc. is expected to release its quarterly report on 05/05/2021 and quarterly earnings per share for the current quarter are estimated at $0.02 with sales reaching $431.81M over the same period.The EPS is expected to grow by 50.00% this year, but quarterly earnings will post 8.60% year-over-year. Quarterly sales are estimated to grow 7.00% in year-over-year returns.
Yamana Gold Inc. (AUY) Top Institutional Holders
468 institutions hold shares in Yamana Gold Inc. (AUY), with 3.11M shares held by insiders accounting for 0.32% while institutional investors hold 53.94% of the company’s shares. The shares outstanding are 964.26M, and float is at 959.72M with Short Float at 0.87%. Institutions hold 53.77% of the Float.
The top institutional shareholder in the company is Van Eck Associates Corporation with over 116.63 million shares valued at $665.97 million. The investor’s holdings represent 12.08% of the AUY Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 27.76 million shares valued at $158.52 million to account for 2.88% of the shares outstanding. The other top investors are Boston Partners which holds 26.8 million shares representing 2.78% and valued at over $153.01 million, while Renaissance Technologies, LLC holds 2.24% of the shares totaling 21.62 million with a market value of $123.47 million.
Yamana Gold Inc. (AUY): Who are the competitors?
The company’s main competitors (and peers) include Kellogg Company (K) that is trading 9.21% up over the past 12 months and Barrick Gold Corporation (GOLD) that is 4.78% higher over the same period. Rio Tinto Group (RIO) is 78.46% up on the 1-year trading charts. Short interest in the company’s stock has risen 18.38% from the last report on Feb 11, 2021 to stand at a total of 6.84 million short shares sold with a short interest ratio of 0.5.