Yamana Gold Inc. (NYSE:AUY) is reporting third quarter earnings results on Thursday 29th October 2020, after market close.
Previous Quarter Performance
Yamana Gold Inc. disclosed income for the second quarter of $ 0.07 per share, from the revenue of $ 303.40 million. Wall street analysts are predicting, AUY to report 2Q20 income of $ 0.02 per share from revenue of $ 431.81 million. The bottom line results beat street analysts by $ 0.05 or 250.00 percent, at the same time, top line results fell short of analysts by $ 128.41 million or 29.74 percent.
Stock Performance
Shares of Yamana Gold Inc. traded low $ -0.48 or -8.19 percent on Wednesday, reaching $ 5.33 with volume of 19.98 million shares. Yamana Gold Inc. has traded high as $ 5.64 and has cracked $ 5.30 on the downward trend
According to the previous trading day, closing price of $ 5.33, representing a 160.09 % increase from the 52 week low of $ 2.23 and a 17.38 % decrease over the 52 week high of $ 7.02.
The company has a market capital of $ 5.05 billion and is part of the Basic Materials sector and Gold industry.
Recent Analyst recommendations
- On 14th October 2020, initiated by Berenberg Bank at Buy rating, with $ 7.70 target price.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.0175 per share on July 23, 2020. The dividend were payable on October 14, 2020 to holders of record as of the close of business on September 30, 2020 and ex-dividend date on September 29, 2020.
Yamana Gold Inc. engages in operating mines, development stage projects, and exploration and mineral properties primarily in Canada, Brazil, Chile, and Argentina. The company primarily sells precious metals, including gold, silver, and copper.
