What Next for Yamana Gold Inc. Stock After Today’s Huge Decline?

 What Next for Yamana Gold Inc. Stock After Today's Huge Decline?

The stock of Yamana Gold Inc. (TSE:YRI) is a huge mover today! About 582,841 shares traded hands. Yamana Gold Inc. (TSE:YRI) has declined 27.07% since April 20, 2016 and is downtrending. It has underperformed by 32.48% the S&P500.
The move comes after 5 months negative chart setup for the $3.53 billion company. It was reported on Nov, 24 by Barchart.com. We have $3.64 PT which if reached, will make TSE:YRI worth $247.10M less.

Yamana Gold Inc. (TSE:YRI) Ratings Coverage

Out of 6 analysts covering Yamana Gold Inc. (TSE:YRI), 3 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 50% are positive. Yamana Gold Inc. has been the topic of 15 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The firm earned “Sector Perform” rating on Tuesday, December 22 by RBC Capital Markets. The stock has “Sector Perform” rating given by RBC Capital Markets on Tuesday, November 24. The stock of Yamana Gold Inc. (TSE:YRI) earned “Sector Perform” rating by RBC Capital Markets on Wednesday, November 18. The rating was maintained by RBC Capital Markets with “Sector Perform” on Thursday, January 14. The firm has “Sector Perform” rating given on Tuesday, September 1 by Scotia Capital. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, January 27. On Tuesday, October 18 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

Yamana Gold Inc. is a gold producer with significant gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Brazil, Argentina, Chile, Mexico and Canada. The company has a market cap of $3.53 billion. The Company’s divisions include Chapada mine in Brazil, El Penon mine in Chile, Canadian Malartic mine in Canada (50% interest), Gualcamayo mine in Argentina, Mercedes mine in Mexico, Brio Gold Inc., and Corporate and other. It currently has negative earnings. The Company’s Corporate and other segment includes Minera Florida mine in Chile and Alumbrera mine in Argentina.

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