Yamana Gold (NYSE:AUY) announced a quarterly dividend on Thursday, February 20th, AnalystRatings.Net reports. Stockholders of record on Monday, March 31st will be paid a dividend of 0.0375 per share on Monday, April 14th. This represents a $0.15 annualized dividend and a dividend yield of 1.43%. The ex-dividend date is Thursday, March 27th.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity raised their price target on shares of Yamana Gold from C$11.50 to C$12.25 in a research note on Tuesday, February 11th. They now have a buy rating on the stock. On a related note, analysts at Morgan Stanley raised their price target on shares of Yamana Gold from $11.50 to $12.00 in a research note on Tuesday, February 11th. They now have an overweight rating on the stock. Finally, analysts at Raymond James downgraded shares of Yamana Gold from an outperform rating to a market perform rating in a research note on Friday, January 31st. They now have a $11.00 price target on the stock, down previously from $12.00. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have issued a buy rating to the company. The company has an average rating of Buy and a consensus target price of $13.00.
Yamana Gold (NYSE:AUY) traded up 2.84% during mid-day trading on Thursday, hitting $10.51. 7,708,745 shares of the companys stock traded hands. Yamana Gold has a 52 week low of $8.31 and a 52 week high of $15.66. The stocks 50-day moving average is $9.47 and its 200-day moving average is $9.75. The company has a market cap of $7.913 billion and a price-to-earnings ratio of 25.05.
Yamana Gold Inc (NYSE:AUY) is a gold producer, engaged in gold production, gold development stage properties, exploration properties and land positions in Brazil, Chile, Argentina, Mexico and Colombia.
