Yamana Gold Inc. (NYSE:AUY) enjoyed a 46.07% run-up in share price since hitting record low of $1.78. The stock managed -1.89% fall and now stands at $2.6 as of 7/16/2019. At a recent session, the prices were hovering between $2.58 and $2.67. This company shares are 50.77% off its target price of $3.92 and the current market capitalization stands at $2.54B. The recent change has given its price a 18.58% lead over SMA 50 and -19.5% deficit over its 52-week high. The stock witnessed 27.45% gains, 4.42% gains and 5.69% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AUY’s volatility during a week at 3.62% and during a month it has been found around 4.34%.
What Does Yamana Gold Inc. (AUY) Do?
The company describes itself in regulatory filings as, “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.” [Text can be found here: https://www.marketwatch.com/investing/stock/AUY/profile under company description.]Yamana Gold Inc. (AUY) Top Holders
Institutional investors currently hold around $1.13 billion or 60.7% in AUY stock. Look at its top three institutional owners: Van Eck Associates Corp owns $341.7 million in Yamana Gold Inc., which represents roughly 13.45% of the company’s market cap and approximately 30.27% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 24,614,029 shares of the stock are valued at $65.23 million. The third largest holder is Deutsche Bank Ag, which currently holds $63.41 million worth of this stock and that ownership represents nearly 2.5% of its market capitalization.Yamana Gold Inc. 13F Filings
At the end of March reporting period, 96 institutional holders increased their position in Yamana Gold Inc. (NYSE:AUY) by some 44,795,224 shares, 88 decreased positions by 55,849,031 and 60 held positions by 325,280,240. That puts total institutional holdings at 425,924,495 shares, according to SEC filings. The stock grabbed 23 new institutional investments totaling 4,072,089 shares while 18 institutional investors sold out their entire positions totaling 5,259,324 shares.Yamana Gold Inc. (AUY) Analyst Guide
Several analysts have released their opinion on Yamana Gold Inc. (NYSE:AUY), with 2 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 6 buy, 2 sell and 0 strong sell ratings, collectively assigning a 2.5 average brokerage recommendation [T1].