View ValuationThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsYamana Gold 향후 성장Future 기준 점검 3/6Yamana Gold은 연간 수입과 매출이 각각 79.3%와 4% 증가할 것으로 예상되고 EPS는 연간 79.1%만큼 증가할 것으로 예상됩니다.핵심 정보79.3%이익 성장률79.06%EPS 성장률Metals and Mining 이익 성장17.9%매출 성장률4.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트31 Mar 2023최근 향후 성장 업데이트Major Estimate Revision • Apr 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.30 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 100% next year vs 3.8% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$8.98. Share price rose 2.2% to CA$7.86 over the past week.Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$0.33 to US$0.28 per share. Revenue forecast steady at US$1.85b. Net income forecast to grow 65% next year vs 16% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.09. Share price rose 2.5% to CA$5.38 over the past week.Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.28 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 88% next year vs 27% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.14. Share price fell 7.9% to CA$5.35 over the past week.Major Estimate Revision • May 05Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.32 to US$0.39. Revenue forecast steady at US$1.86b. Net income forecast to grow 65% next year vs 59% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.25. Share price was steady at CA$5.83 over the past week.Major Estimate Revision • Apr 09Consensus EPS estimates fall to US$0.35The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from US$1.92b to US$1.89b. EPS estimate also fell from US$0.44 to US$0.35. Net income forecast to grow 66% next year vs 70% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$9.72 unchanged from last update. Share price rose 4.2% to CA$5.90 over the past week.Major Estimate Revision • Feb 18Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from US$0.41 to US$0.46. Revenue estimate for the same period was approximately flat at US$1.95b. Net income is expected to grow by 109% next year compared to 62% growth forecast for the Metals and Mining industry in Canada. The consensus price target increased from CA$7.88 to CA$7.94. Share price is down by 7.3% to CA$5.80 over the past week.모든 업데이트 보기Recent updatesReported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: US$0.06 (up from US$0.057 in 1Q 2021). Revenue: US$441.9m (up 4.7% from 1Q 2021). Net income: US$57.8m (up 5.7% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 1.3%, compared to a 15% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 36% per year.Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. President, CEO & Director Daniel Racine was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Major Estimate Revision • Apr 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.30 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 100% next year vs 3.8% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$8.98. Share price rose 2.2% to CA$7.86 over the past week.Upcoming Dividend • Mar 23Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.5%).Upcoming Dividend • Mar 23Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.5%).Recent Insider Transactions Derivative • Mar 21Executive Chairman exercised options and sold CA$867k worth of stockOn the 14th of March, Peter Marrone exercised options to acquire 128k shares at no cost and sold these for an average price of CA$6.75 per share. This trade did not impact their existing holding. Since December 2021, Peter has owned 2.68m shares directly. Company insiders have collectively sold CA$3.2m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Feb 21President recently bought CA$138k worth of stockOn the 16th of February, Daniel Racine bought around 24k shares on-market at roughly CA$5.67 per share. This was the largest purchase by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months.Reported Earnings • Feb 18Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: US$0.15 (down from US$0.21 in FY 2020). Revenue: US$1.82b (up 16% from FY 2020). Net income: US$147.5m (down 28% from FY 2020). Profit margin: 8.1% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Over the next year, revenue is forecast to stay flat compared to a 20% growth forecast for the mining industry in Canada. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CA$6.12, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Metals and Mining industry in Canada. Total returns to shareholders of 82% over the past three years.Recent Insider Transactions • Jan 20Executive Chairman recently sold CA$522k worth of stockOn the 17th of January, Peter Marrone sold around 100k shares on-market at roughly CA$5.22 per share. This was the largest sale by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.Upcoming Dividend • Dec 23Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.7%).Recent Insider Transactions • Nov 08Senior Vice President of Operations recently bought CA$100k worth of stockOn the 5th of November, Yohann Bouchard bought around 20k shares on-market at roughly CA$5.01 per share. This was the largest purchase by an insider in the last 3 months. Yohann has been a buyer over the last 12 months, purchasing a net total of CA$5.2k worth in shares.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS US$0.028 (vs US$0.058 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$452.2m (up 2.9% from 3Q 2020). Net income: US$27.0m (down 51% from 3Q 2020). Profit margin: 6.0% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 21Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 28 September 2021. Payment date: 14 October 2021. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.8%).Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$0.33 to US$0.28 per share. Revenue forecast steady at US$1.85b. Net income forecast to grow 65% next year vs 16% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.09. Share price rose 2.5% to CA$5.38 over the past week.Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.28 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 88% next year vs 27% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.14. Share price fell 7.9% to CA$5.35 over the past week.Reported Earnings • Jul 31Second quarter 2021 earnings released: US$0.045 loss per shareThe company reported a mediocre second quarter result with weaker control over costs, although losses were stable and revenues improved. Second quarter 2021 results: Revenue: US$437.4m (up 44% from 2Q 2020). Net loss: US$43.9m (flat on 2Q 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of US$0.026 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 July 2021. Trailing yield: 2.4%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.5%).Major Estimate Revision • May 05Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.32 to US$0.39. Revenue forecast steady at US$1.86b. Net income forecast to grow 65% next year vs 59% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.25. Share price was steady at CA$5.83 over the past week.Reported Earnings • May 03First quarter 2021 earnings released: EPS US$0.057 (vs US$0.047 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$422.0m (up 18% from 1Q 2020). Net income: US$54.7m (up 22% from 1Q 2020). Profit margin: 13% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Apr 09Consensus EPS estimates fall to US$0.35The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from US$1.92b to US$1.89b. EPS estimate also fell from US$0.44 to US$0.35. Net income forecast to grow 66% next year vs 70% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$9.72 unchanged from last update. Share price rose 4.2% to CA$5.90 over the past week.Upcoming Dividend • Mar 23Upcoming Dividend of US$0.026 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 30th of March. The trailing yield of 2.3% is below the top quartile of Canadian dividend payers (4.8%), but it is higher than industry peers (1.5%).Recent Insider Transactions Derivative • Mar 23Executive Chairman exercised options and sold CA$51k worth of stockOn the 18th of March, Peter Marrone exercised options to acquire 9k shares at no cost and sold these for an average price of CA$5.80 per share. This trade did not impact their existing holding. Since March 2020, Peter's direct individual holding has increased from 2.66m shares to 2.78m. Company insiders have collectively sold CA$4.9m more than they bought, via options and on-market transactions in the last 12 months.Recent Insider Transactions • Feb 19Senior Vice President of Operations recently bought CA$95k worth of stockOn the 16th of February, Yohann Bouchard bought around 16k shares on-market at roughly CA$5.96 per share. This was the largest purchase by an insider in the last 3 months. Yohann has been a buyer over the last 12 months, purchasing a net total of CA$131k worth in shares.Recent Insider Transactions Derivative • Feb 18President & CEO exercised options and sold CA$433k worth of stockOn the 16th of February, Daniel Racine exercised options to acquire 73k shares at no cost and sold these for an average price of CA$5.96 per share. This trade did not impact their existing holding. For the year to December 2019, Daniel's total compensation was 19% salary and 81% non-salary (Indicating these sales could comprise a meaningful part of their income for the year). Since March 2020, Daniel's direct individual holding has increased from 462.39k shares to 480.02k. Company insiders have collectively bought CA$886k more than they sold, via options and on-market transactions, in the last 12 months.Major Estimate Revision • Feb 18Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from US$0.41 to US$0.46. Revenue estimate for the same period was approximately flat at US$1.95b. Net income is expected to grow by 109% next year compared to 62% growth forecast for the Metals and Mining industry in Canada. The consensus price target increased from CA$7.88 to CA$7.94. Share price is down by 7.3% to CA$5.80 over the past week.Is New 90 Day High Low • Feb 18New 90-day low: CA$5.80The company is down 16% from its price of CA$6.90 on 19 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$7.47 per share.Reported Earnings • Feb 13Full year 2020 earnings released: EPS US$0.21 (vs US$0.24 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.56b (down 3.2% from FY 2019). Net income: US$203.6m (down 9.8% from FY 2019). Profit margin: 13% (down from 14% in FY 2019). Production and reserves: Gold Production: 779.81 troy koz (848.03 troy koz in FY 2019) Proved and probable reserves (ore): 1,121 Mt (1,100 Mt in FY 2019) Number of mines: 5 (5 in FY 2019) Silver Production: 10,365.7 troy koz (10,640.1 troy koz in FY 2019) Number of mines: 2 (2 in FY 2019) Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 24%, compared to a 42% growth forecast for the Metals and Mining industry in Canada.Is New 90 Day High Low • Jan 16New 90-day low: CA$6.44The company is down 18% from its price of CA$7.84 on 16 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$6.47 per share.이익 및 매출 성장 예측TSX:YRI - 애널리스트 향후 추정치 및 과거 재무 데이터 (USD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20251,994322406861212/31/20242,058397522933212/31/20231,932429425858112/31/20221,807-98223528N/A9/30/20221,854260275742N/A6/30/20221,883267341768N/A3/31/20221,835151335734N/A12/31/20211,815148358742N/A9/30/20211,773140324685N/A6/30/20211,761169380710N/A3/31/20211,627213362649N/A12/31/20201,561204344618N/A9/30/20201,483115377641N/A6/30/20201,402261298583N/A3/31/20201,562275317639N/A12/31/20191,612226190522N/A9/30/20191,71215078432N/A6/30/20191,779-133-35339N/A3/31/20191,751-129-96294N/A12/31/20181,799-285-43404N/A9/30/20181,794-417-50448N/A6/30/20181,863-290-42533N/A3/31/20181,855-349-57555N/A12/31/20171,804-188-123484N/A9/30/20171,809-349-110490N/A6/30/20171,780-397-47517N/A3/31/20171,790-32651593N/A12/31/20161,788-290169665N/A9/30/20161,742-1,384N/A805N/A6/30/20161,702-1,489N/A718N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: YRI 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(1.8%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: YRI (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: YRI 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: YRI 의 수익(연간 4%)이 Canadian 시장(연간 4.8%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: YRI 의 수익(연간 4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: YRI의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2023/04/03 20:23종가2023/03/31 00:00수익2022/12/31연간 수익2022/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Yamana Gold Inc.는 26명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Richard GrayATB Cormark Historical (Cormark Securities)Farooq HamedBarclaysRichard HatchBerenberg23명의 분석가 더 보기
Major Estimate Revision • Apr 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.30 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 100% next year vs 3.8% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$8.98. Share price rose 2.2% to CA$7.86 over the past week.
Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$0.33 to US$0.28 per share. Revenue forecast steady at US$1.85b. Net income forecast to grow 65% next year vs 16% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.09. Share price rose 2.5% to CA$5.38 over the past week.
Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.28 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 88% next year vs 27% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.14. Share price fell 7.9% to CA$5.35 over the past week.
Major Estimate Revision • May 05Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.32 to US$0.39. Revenue forecast steady at US$1.86b. Net income forecast to grow 65% next year vs 59% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.25. Share price was steady at CA$5.83 over the past week.
Major Estimate Revision • Apr 09Consensus EPS estimates fall to US$0.35The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from US$1.92b to US$1.89b. EPS estimate also fell from US$0.44 to US$0.35. Net income forecast to grow 66% next year vs 70% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$9.72 unchanged from last update. Share price rose 4.2% to CA$5.90 over the past week.
Major Estimate Revision • Feb 18Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from US$0.41 to US$0.46. Revenue estimate for the same period was approximately flat at US$1.95b. Net income is expected to grow by 109% next year compared to 62% growth forecast for the Metals and Mining industry in Canada. The consensus price target increased from CA$7.88 to CA$7.94. Share price is down by 7.3% to CA$5.80 over the past week.
Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: US$0.06 (up from US$0.057 in 1Q 2021). Revenue: US$441.9m (up 4.7% from 1Q 2021). Net income: US$57.8m (up 5.7% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 14%. Over the next year, revenue is forecast to grow 1.3%, compared to a 15% growth forecast for the industry in Canada. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 36% per year.
Board Change • Apr 27Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. President, CEO & Director Daniel Racine was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Major Estimate Revision • Apr 20Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 EPS estimate increased from US$0.30 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 100% next year vs 3.8% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$8.98. Share price rose 2.2% to CA$7.86 over the past week.
Upcoming Dividend • Mar 23Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.5%).
Upcoming Dividend • Mar 23Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 30 March 2022. Payment date: 14 April 2022. Payout ratio is a comfortable 73% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.5%).
Recent Insider Transactions Derivative • Mar 21Executive Chairman exercised options and sold CA$867k worth of stockOn the 14th of March, Peter Marrone exercised options to acquire 128k shares at no cost and sold these for an average price of CA$6.75 per share. This trade did not impact their existing holding. Since December 2021, Peter has owned 2.68m shares directly. Company insiders have collectively sold CA$3.2m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Feb 21President recently bought CA$138k worth of stockOn the 16th of February, Daniel Racine bought around 24k shares on-market at roughly CA$5.67 per share. This was the largest purchase by an insider in the last 3 months. This was Daniel's only on-market trade for the last 12 months.
Reported Earnings • Feb 18Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: US$0.15 (down from US$0.21 in FY 2020). Revenue: US$1.82b (up 16% from FY 2020). Net income: US$147.5m (down 28% from FY 2020). Profit margin: 8.1% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.4%. Over the next year, revenue is forecast to stay flat compared to a 20% growth forecast for the mining industry in Canada. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to CA$6.12, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 12x in the Metals and Mining industry in Canada. Total returns to shareholders of 82% over the past three years.
Recent Insider Transactions • Jan 20Executive Chairman recently sold CA$522k worth of stockOn the 17th of January, Peter Marrone sold around 100k shares on-market at roughly CA$5.22 per share. This was the largest sale by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.
Upcoming Dividend • Dec 23Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 30 December 2021. Payment date: 14 January 2022. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (4.7%). Higher than average of industry peers (1.7%).
Recent Insider Transactions • Nov 08Senior Vice President of Operations recently bought CA$100k worth of stockOn the 5th of November, Yohann Bouchard bought around 20k shares on-market at roughly CA$5.01 per share. This was the largest purchase by an insider in the last 3 months. Yohann has been a buyer over the last 12 months, purchasing a net total of CA$5.2k worth in shares.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS US$0.028 (vs US$0.058 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: US$452.2m (up 2.9% from 3Q 2020). Net income: US$27.0m (down 51% from 3Q 2020). Profit margin: 6.0% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 21Upcoming dividend of US$0.03 per shareEligible shareholders must have bought the stock before 28 September 2021. Payment date: 14 October 2021. Trailing yield: 2.9%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.8%).
Major Estimate Revision • Aug 19Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate fell from US$0.33 to US$0.28 per share. Revenue forecast steady at US$1.85b. Net income forecast to grow 65% next year vs 16% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.09. Share price rose 2.5% to CA$5.38 over the past week.
Major Estimate Revision • Aug 12Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.28 to US$0.33. Revenue forecast steady at US$1.85b. Net income forecast to grow 88% next year vs 27% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.14. Share price fell 7.9% to CA$5.35 over the past week.
Reported Earnings • Jul 31Second quarter 2021 earnings released: US$0.045 loss per shareThe company reported a mediocre second quarter result with weaker control over costs, although losses were stable and revenues improved. Second quarter 2021 results: Revenue: US$437.4m (up 44% from 2Q 2020). Net loss: US$43.9m (flat on 2Q 2020). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.026 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 14 July 2021. Trailing yield: 2.4%. Lower than top quartile of Canadian dividend payers (4.5%). Higher than average of industry peers (1.5%).
Major Estimate Revision • May 05Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 EPS estimate increased from US$0.32 to US$0.39. Revenue forecast steady at US$1.86b. Net income forecast to grow 65% next year vs 59% growth forecast for Metals and Mining industry in Canada. Consensus price target broadly unchanged at CA$9.25. Share price was steady at CA$5.83 over the past week.
Reported Earnings • May 03First quarter 2021 earnings released: EPS US$0.057 (vs US$0.047 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: US$422.0m (up 18% from 1Q 2020). Net income: US$54.7m (up 22% from 1Q 2020). Profit margin: 13% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Apr 09Consensus EPS estimates fall to US$0.35The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from US$1.92b to US$1.89b. EPS estimate also fell from US$0.44 to US$0.35. Net income forecast to grow 66% next year vs 70% growth forecast for Metals and Mining industry in Canada. Consensus price target of CA$9.72 unchanged from last update. Share price rose 4.2% to CA$5.90 over the past week.
Upcoming Dividend • Mar 23Upcoming Dividend of US$0.026 Per ShareWill be paid on the 14th of April to those who are registered shareholders by the 30th of March. The trailing yield of 2.3% is below the top quartile of Canadian dividend payers (4.8%), but it is higher than industry peers (1.5%).
Recent Insider Transactions Derivative • Mar 23Executive Chairman exercised options and sold CA$51k worth of stockOn the 18th of March, Peter Marrone exercised options to acquire 9k shares at no cost and sold these for an average price of CA$5.80 per share. This trade did not impact their existing holding. Since March 2020, Peter's direct individual holding has increased from 2.66m shares to 2.78m. Company insiders have collectively sold CA$4.9m more than they bought, via options and on-market transactions in the last 12 months.
Recent Insider Transactions • Feb 19Senior Vice President of Operations recently bought CA$95k worth of stockOn the 16th of February, Yohann Bouchard bought around 16k shares on-market at roughly CA$5.96 per share. This was the largest purchase by an insider in the last 3 months. Yohann has been a buyer over the last 12 months, purchasing a net total of CA$131k worth in shares.
Recent Insider Transactions Derivative • Feb 18President & CEO exercised options and sold CA$433k worth of stockOn the 16th of February, Daniel Racine exercised options to acquire 73k shares at no cost and sold these for an average price of CA$5.96 per share. This trade did not impact their existing holding. For the year to December 2019, Daniel's total compensation was 19% salary and 81% non-salary (Indicating these sales could comprise a meaningful part of their income for the year). Since March 2020, Daniel's direct individual holding has increased from 462.39k shares to 480.02k. Company insiders have collectively bought CA$886k more than they sold, via options and on-market transactions, in the last 12 months.
Major Estimate Revision • Feb 18Analysts update estimatesThe 2021 consensus earning per share (EPS) estimate increased from US$0.41 to US$0.46. Revenue estimate for the same period was approximately flat at US$1.95b. Net income is expected to grow by 109% next year compared to 62% growth forecast for the Metals and Mining industry in Canada. The consensus price target increased from CA$7.88 to CA$7.94. Share price is down by 7.3% to CA$5.80 over the past week.
Is New 90 Day High Low • Feb 18New 90-day low: CA$5.80The company is down 16% from its price of CA$6.90 on 19 November 2020. The Canadian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$7.47 per share.
Reported Earnings • Feb 13Full year 2020 earnings released: EPS US$0.21 (vs US$0.24 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: US$1.56b (down 3.2% from FY 2019). Net income: US$203.6m (down 9.8% from FY 2019). Profit margin: 13% (down from 14% in FY 2019). Production and reserves: Gold Production: 779.81 troy koz (848.03 troy koz in FY 2019) Proved and probable reserves (ore): 1,121 Mt (1,100 Mt in FY 2019) Number of mines: 5 (5 in FY 2019) Silver Production: 10,365.7 troy koz (10,640.1 troy koz in FY 2019) Number of mines: 2 (2 in FY 2019) Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 1.2%. Earnings per share (EPS) exceeded analyst estimates by 6.3%. Over the next year, revenue is forecast to grow 24%, compared to a 42% growth forecast for the Metals and Mining industry in Canada.
Is New 90 Day High Low • Jan 16New 90-day low: CA$6.44The company is down 18% from its price of CA$7.84 on 16 October 2020. The Canadian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is CA$6.47 per share.