Yamana Gold (YRI) Receives a Buy from National Bank


Shares of Yamana Gold (YRI) were revisited by a Wall Street analyst today. Analyst Don DeMarco from National Bank reiterated a Buy rating, with a C$5 price target.

According to TipRanks.com, DeMarco is a 4-star analyst with an average return of 8.0% and a 65.6% success rate. DeMarco covers the Basic Materials sector, focusing on stocks such as Trevali Mining Corporation, Detour Gold Corporation, and OceanaGold Corporation.

Yamana Gold has an analyst consensus of Strong Buy, with a price target consensus of C$4.92.

The company has a one-year high of C$4.20 and a one-year low of C$2.66. Currently, Yamana Gold has an average volume of 2.9M.

Yamana Gold, Inc. is a Canadian-based company, which produces gold, silver and copper. It operates through the following segments: Chapada, El Peñón, Canadian Malartic, Jacobina, Minera Florida, Gualcamayo, Brio Gold, and Corporate & other. The company was founded on February 7, 1995 and is headquartered in Toronto, Canada.

The company’s shares closed on Thursday at C$3.45.

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