Yamana Gold Inc. (NYSE:AUY) [Trend Analysis] luring active investment momentum, shares a decrease -6.41% to $2.63. Finally to see some strong financial remarks by WSJ over AUY performance. Out of the pool of analysts 6 gave their BUY ratings on the stock in previous month as 8 analysts having BUY in current month. The stock was ranked as Underweight by no one analyst while 1 analyst gave SELL rank. Majority ranked Overweight from the pool of analysts.
The next year first quarter EPS estimates trend for current period shows $0.03 while one month ago this estimate trend was for $0.04. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $0.16 and for the one month was for $0.19 as compared to three months ago was for $0.22. Whereas, AUY received highest price target of 8.04 and low target of 2.67. The stock price target chart showed average price target of 5.21 as compared to current price of 2.63.
The total volume of 27.51 Million shares held in the session was surprisingly higher than its average volume of 17763.11 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at -54.00%, and looking further price to next year’s EPS is 108.25%. While take a short look on price to sales ratio, that was 1.58.
Shares of New Gold, Inc. (NYSE:NGD) [Trend Analysis] runs in leading trade, it moving down -7.16% to traded at $3.37. The firm has price volatility of 4.80% for a week and 4.91% for a month. Its beta stands at 0.39 times. Finally, analysts shed their light over the NGD price targets; maintaining price high target of 7.47 while at average the price target was 5.30 in contrast with the current price of 3.37. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.
So does the rankings given by analysts; let us highlight rankings table and we had 5 analysts recommending BUY ratings for current month and for previous month 5 stands on similar situation; while 11 for the current month as compared to 11 analyst recommending for HOLD from the pool for previous month. While 1 stands at overweight and no one analyst gave Underweight and 1 out of pool consider it as Sell for current month. For the overall, consensus ratings were for Hold.
Narrow down four to firm performance, its weekly performance was -7.63% and monthly performance was -0.82%. The stock price of NGD is moving down from its 20 days moving average with -9.99% and isolated negatively from 50 days moving average with -13.51%.