Yamana Gold Inc. (NYSE: AUY) is -21.19% lower on its value in year-to-date trading and has touched a low of $3.18 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 $4.60 in the last trading session, with the day’s loss setting it -0.1% off its average median price target of $7.34 for the next 12 months. It is also 52.33% off the consensus price target high of $9.44 offered by 16 analysts, but current levels are 5.26% higher than the price target low of $4.75 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
Currently trading at $4.50, the stock is 0.46% and -1.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.94 million and changing -2.17% at the moment leaves the stock -17.44% off its SMA200. AUY registered 37.20% gain for a year compared to 6-month loss of -23.99%. The firm has a 50-day simple moving average (SMA 50) of $4.4185 and a 200-day simple moving average (SMA200) of $5.2388.
The stock witnessed a 5.39% gain in the last 1 month and extending the period to 3 months gives it a -25.50%, and is 6.13% up 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 3.42% over the week and 3.27% over the month.
Current P/E ratio is 21.43 and Fwd P/E is 23.68. Distance from 52-week low is 41.51% and -35.90% 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 07/29/2021 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
494 institutions hold shares in Yamana Gold Inc. (AUY), with 1.35M shares held by insiders accounting for 0.14% while institutional investors hold 53.16% of the company’s shares. The shares outstanding are 964.26M, and float is at 959.73M with Short Float at 0.87%. Institutions hold 53.08% 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 0.25% up over the past 12 months and Barrick Gold Corporation (GOLD) that is 0.58% higher over the same period. Rio Tinto Group (RIO) is 74.47% up on the 1-year trading charts. Short interest in the company’s stock has fallen -22.51% from the last report on Mar 14, 2021 to stand at a total of 8.38 million short shares sold with a short interest ratio of 0.5.