YRI.TO Yamana Gold (TSX) C$7.89 on 13 Mar 2026, volume 23.62M: Most active stock, outlook

YRI.TO stock led TSX activity on 13 Mar 2026, closing at C$7.89 on heavy volume of 23,617,782.00 shares as the market closed. The move left Yamana Gold Inc. (YRI.TO) trading slightly above its 50-day average C$7.62 and well above the 200-day average C$6.85, highlighting strong intraday interest. With a market cap near C$7,591,734,267.00 and relative volume at 14.27, traders and long-term investors are watching liquidity, valuation and the company’s exposure to rising gold prices for near-term direction.

YRI.TO stock: Market snapshot

Yamana Gold Inc. (YRI.TO) closed C$7.89 on 13 Mar 2026, up C$0.01 or 0.13% from the prior close. The intraday range was C$7.83–C$8.08 and the 12-month range sits at C$5.35–C$8.38. Trading volume was 23,617,782.00, well above the average volume of 1,655,620.00, which made YRI.TO the TSX’s most active stock on the session.

Why volume spiked and sector context

YRI.TO’s trading was driven by liquidity and attention to the Gold industry within Canada’s Basic Materials sector, which has a YTD performance of 10.71%. The stock’s relative volume of 14.27 shows short-term repositioning by funds and active traders. High volume often precedes fresh catalysts such as production updates or metal price moves, so watch news flow and gold benchmarks for confirmation.

Valuation and financial metrics for YRI.TO stock

Yamana reports EPS -1.38 and a negative P/E of -5.72, reflecting recent net losses. Key valuation ratios include P/B 1.68, EV/Sales 3.29, and Dividend Yield 1.14%. Free cash flow per share is modest at 0.02, while operating cash flow per share is 0.55, indicating positive operating conversion but tight free cash generation versus capex.

Meyka AI grade and forecast for YRI.TO

Meyka AI rates YRI.TO with a score out of 100: 60.12 | Grade B | Suggestion: HOLD. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects C$13.08 in one year, C$15.87 in three years and C$16.70 in five years. Versus the current C$7.89, that implies model-based upside of 65.88%, 101.15%, and 111.77% respectively. Forecasts are model-based projections and not guarantees. These grades are not guaranteed and we are not financial advisors.

Technical levels and realistic price targets

Technically, support sits near the 200-day average C$6.85 and immediate resistance at the 52-week high C$8.38. A conservative near-term price target is C$9.50 (implied upside 20.38%) while a 12-month target aligned with the model is C$13.00. The 50-day average C$7.62 acts as a short-term pivot for momentum trades.

Risks and potential catalysts

Primary risks include gold price volatility, operational disruptions at Latin American assets, and continued negative EPS pressure. Catalysts that could lift YRI.TO include stronger-than-expected production, exploration success, higher bullion prices, or corporate actions that improve free cash flow. Monitor cash flow metrics, capex guidance, and regional political risk updates closely.

Final Thoughts

Yamana Gold Inc. (YRI.TO) ended the TSX session on 13 Mar 2026 as the most active stock, closing at C$7.89 on 23,617,782.00 shares. Liquidity and a relative volume of 14.27 suggest market participants are repricing exposure to gold producers. Valuation is mixed: negative P/E -5.72 and modest free cash flow per share 0.02, but a reasonable P/B 1.68 and low net debt ratios support the balance sheet. Meyka AI’s forecast model projects C$13.08 in one year, an implied upside of 65.88% versus today’s price; forecasts are model-based and not guarantees. Given the current mix of operational metrics and sector tailwinds, our proprietary grade is B (HOLD), reflecting balanced upside potential and execution risk. For active traders, watch breakouts above C$8.38 and volume confirmation. For longer-term investors, target framing around C$9.50 near term and C$13.00 at 12 months helps align risk with the Meyka AI outlook. Meyka AI-powered market analysis platform provides this data-driven context but is not investment advice.

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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.