Yamana Gold (NYSE:AUY) (TSE:YRI)‘s stock had its “hold” rating restated by investment analysts at Desjardins in a research note issued on Monday, TipRanks reports.

Several other equities research analysts have also recently weighed in on the company. National Bank Financial cut Yamana Gold from an “outperform” rating to a “sector perform” rating in a research note on Thursday, April 18th. GMP Securities cut Yamana Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, April 17th. Zacks Investment Research upgraded Yamana Gold from a “sell” rating to a “hold” rating in a research note on Tuesday, April 16th. TheStreet upgraded Yamana Gold from a “d” rating to a “c-” rating in a research note on Tuesday, February 19th. Finally, Credit Suisse Group set a $4.00 target price on Yamana Gold and gave the stock a “buy” rating in a research note on Friday, February 15th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $3.31.

Shares of AUY opened at $2.17 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.86 and a quick ratio of 0.50. The stock has a market capitalization of $2.10 billion, a PE ratio of 18.08 and a beta of 0.81. Yamana Gold has a 1 year low of $2.00 and a 1 year high of $3.23.

Yamana Gold (NYSE:AUY) (TSE:YRI) last announced its quarterly earnings data on Thursday, February 14th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The business had revenue of $483.40 million during the quarter, compared to analysts’ expectations of $495.01 million. Yamana Gold had a positive return on equity of 2.73% and a negative net margin of 15.99%. The business’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the business posted ($0.20) EPS. As a group, sell-side analysts expect that Yamana Gold will post 0.05 EPS for the current year.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV acquired a new position in Yamana Gold during the first quarter worth approximately $32,000. Deutsche Bank AG increased its position in Yamana Gold by 21.4% during the fourth quarter. Deutsche Bank AG now owns 20,177,062 shares of the basic materials company’s stock worth $47,616,000 after buying an additional 3,551,153 shares during the period. Geode Capital Management LLC increased its position in Yamana Gold by 17.4% during the fourth quarter. Geode Capital Management LLC now owns 101,238 shares of the basic materials company’s stock worth $238,000 after buying an additional 15,019 shares during the period. Norges Bank acquired a new position in Yamana Gold during the fourth quarter worth approximately $27,097,000. Finally, FMR LLC increased its position in Yamana Gold by 21.6% during the fourth quarter. FMR LLC now owns 2,340,621 shares of the basic materials company’s stock worth $5,504,000 after buying an additional 414,999 shares during the period. 46.66% of the stock is currently owned by institutional investors.

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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Analyst Recommendations for Yamana Gold (NYSE:AUY)

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