Yamana Gold (TSE:YRI) PT Raised to C$9.25

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Yamana Gold (TSE:YRI) (NYSE:AUY) had its price objective boosted by National Bank Financial from C$8.50 to C$9.25 in a research note released on Monday, BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.

A number of other equities research analysts have also commented on YRI. Eight Capital raised their price objective on Yamana Gold from C$8.00 to C$10.00 in a research report on Monday, July 20th. Canaccord Genuity raised their price objective on Yamana Gold from C$9.50 to C$10.00 in a research report on Tuesday, July 21st.

Shares of TSE YRI opened at C$8.10 on Monday. Yamana Gold has a one year low of C$3.11 and a one year high of C$9.29. The firm has a market capitalization of $8.60 billion and a PE ratio of 29.56. The company has a current ratio of 1.20, a quick ratio of 0.69 and a debt-to-equity ratio of 27.53. The business has a 50-day moving average price of C$8.01 and a two-hundred day moving average price of C$6.46.

In other news, Senior Officer Sofia Tsakos sold 50,000 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of C$9.25, for a total transaction of C$462,500.00. Following the completion of the sale, the insider now directly owns 197,654 shares of the company’s stock, valued at approximately C$1,828,299.50.

About Yamana Gold

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. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil; the Canadian Malartic mine in Canada; and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.

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