YRI.TO C$7.89 pre-market on TSX: 23,617,782 shares trading signals active interest
YRI.TO stock is trading at C$7.89 pre-market on the TSX with 23,617,782 shares crossing the tape. That volume is 14.27x the average and makes Yamana Gold one of today’s most active TSX names. Traders are watching a tight intraday range between C$7.83 and C$8.08 and a 50-day average of C$7.62. The setup matters for momentum and liquidity in the gold sector as the company reports mixed fundamentals and a modest 1.14% dividend yield.
Pre-market price and volume action for YRI.TO stock
Yamana Gold Inc. (YRI.TO) opened pre-market at C$7.89 and is within a daily band of C$7.83 to C$8.08. Volume of 23,617,782 shares is well above the average 1,655,620, flagging strong trader interest.
High relative volume often precedes volatile trading sessions. Here the relative volume of 14.27 suggests institutional flows or heavy retail activity driving YRI.TO stock liquidity on the TSX.
Fundamentals and valuation snapshot
Yamana reports EPS of -1.38 and a trailing PE around -5.72, reflecting recent losses. Price to book sits near 1.69 and debt-to-equity is low at 0.24, which supports balance sheet resilience.
The company carries a modest dividend yield of 1.14% and free cash flow per share of 0.02. These metrics frame a value case but also show limited earnings cover in the near term.
Technical cues and trading metrics
Short-term technicals lean neutral to constructive. The 50-day average is C$7.62 and the 200-day average is C$6.85, placing current price above both averages. Year range sits between C$5.35 and C$8.38, so upside to the year high remains limited in the near term.
High turnover boosts liquidity. Shares outstanding are 962,196,992, and market cap is about C$7,591,734,267, which helps large traders move positions without wide spreads.
Meyka AI grade and YRI.TO stock forecast
Meyka AI rates YRI.TO with a score out of 100: 60.10 | Grade: B | Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts, and analyst signals.
Meyka AI’s forecast model projects a 12-month value near C$13.08. Versus the current C$7.89, that implies an upside of 65.85%. Forecasts are model-based projections and not guarantees.
Catalysts, sector context and risks
Yamana operates across the Americas and sits in the Basic Materials gold group, which outperformed lately. Peer moves, gold price shifts, and mine-level production reports are primary catalysts for YRI.TO stock.
Risks include negative EPS momentum, commodity price swings, and project execution. Competitive news from other gold producers can change sentiment quickly; see related sector commentary for IAMGOLD trends source.
Trading strategy and price targets
For active traders, watch a break above C$8.38 for momentum and volume confirmation. A near-term price target for tactical traders is C$9.50. For medium-term investors, a model-based 12-month target of C$13.00 aligns with Meyka AI’s C$13.08 forecast.
Protective stops should consider the C$5.35 yearly low and company-level news. Position sizes should reflect earnings volatility and exposure to the gold sector.
Final Thoughts
YRI.TO stock opens pre-market at C$7.89 on the TSX with exceptional volume of 23,617,782 shares. That high turn makes Yamana one of the most active Canadian names and supports short-term trading opportunities. Fundamentals show a negative EPS of -1.38, a conservative debt profile with debt-to-equity near 0.24, and a price/book of 1.69, which suggests value if gold prices and production hold. Meyka AI rates the stock 60.10 (B, HOLD) and the model projects C$13.08, implying 65.85% upside versus today’s price. These model projections are not guarantees. Key takeaways: active liquidity creates tradable setups, medium-term upside depends on gold and operational execution, and risk management is essential around the yearly low of C$5.35. Source the trading volume and sector moves before acting, and use the Meyka AI platform for real-time signals and further YRI.TO stock analysis.
FAQs
What is the current YRI.TO stock price and trading volume?
YRI.TO stock is trading pre-market at C$7.89 with 23,617,782 shares traded, which is about 14.27x the average daily volume of 1,655,620.
What valuation metrics matter for Yamana Gold (YRI.TO)?
Key metrics include EPS -1.38, PE around -5.72, price-to-book 1.69, and debt-to-equity 0.24. These show low leverage but negative earnings.
What is Meyka AI’s outlook and forecast for YRI.TO stock?
Meyka AI gives a 60.10 score (Grade B, HOLD). The model projects C$13.08 in 12 months, implying 65.85% upside. Forecasts are projections, not guarantees.
What catalysts could move YRI.TO stock?
Catalysts include gold price moves, production updates, exploration results, and sector news from peers. Heavy pre-market volume often precedes intraday volatility.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.