Yamana Gold Inc. (YRI) To Go Ex-Dividend on September 27th

Yamana Gold Inc. (TSE:YRI) (NYSE:AUY) announced a quarterly dividend on Thursday, July 25th, Zacks reports. Investors of record on Monday, September 30th will be given a dividend of 0.013 per share on Tuesday, October 15th. This represents a $0.05 annualized dividend and a dividend yield of 1.14%. The ex-dividend date of this dividend is Friday, September 27th. This is an increase from Yamana Gold’s previous quarterly dividend of $0.005.

Shares of YRI stock traded down C$0.24 on Wednesday, hitting C$4.56. 4,341,358 shares of the stock traded hands, compared to its average volume of 2,848,210. The company has a debt-to-equity ratio of 47.02, a current ratio of 1.66 and a quick ratio of 0.17. The company has a market capitalization of $4.53 billion and a PE ratio of -32.57. Yamana Gold has a 1-year low of C$2.41 and a 1-year high of C$5.04. The company’s fifty day moving average is C$4.61 and its 200 day moving average is C$3.55.

Yamana Gold (TSE:YRI) (NYSE:AUY) last posted its quarterly earnings results on Thursday, July 25th. The company reported C$0.03 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.02 by C$0.01. The firm had revenue of C$620.02 million for the quarter. As a group, equities research analysts expect that Yamana Gold will post 0.14 EPS for the current year.

YRI has been the topic of several analyst reports. Bank of America increased their target price on Yamana Gold from C$3.25 to C$4.80 in a research report on Friday, August 16th. Eight Capital increased their target price on Yamana Gold from C$4.50 to C$5.50 in a research report on Thursday, August 8th. National Bank Financial increased their target price on Yamana Gold from C$5.25 to C$6.25 and gave the stock an “outperform” rating in a research report on Thursday, September 5th. Finally, Canaccord Genuity increased their target price on Yamana Gold from C$4.75 to C$5.25 in a research report on Friday, July 19th.

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.

Recommended Story: What is a Futures Contract?

Dividend History for Yamana Gold (TSE:YRI)

Receive News & Ratings for Yamana Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yamana Gold and related companies with MarketBeat.com's FREE daily email newsletter.