In a latest note to investors, a research analyst has provided a rating update for the Materials sector company, Yamana Gold (YRI). Analyst Josh Wolfson from Desjardins remains neutral on the stock and has a C$3.25 price target.
According to TipRanks.com, Wolfson is a 3-star analyst with an average return of 2.0% and a 54.2% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Newmont Mining Corporation, Osisko Gold Royalties Ltd, and Barrick Gold Corporation.
The word on The Street in general, suggests a Hold analyst consensus rating for Yamana Gold with a C$3.20 average price target.
Yamana Gold’s market cap is currently C$2.58B and has a P/E ratio of 0. The company has a Price to Book ratio of 0.48.
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 Friday at C$2.71, close to its 52-week low of C$2.66.
