YRI.TO Yamana Gold (TSX) pre-market C$7.89 Feb 23 2026: Heavy volume signals most active trade
YRI.TO stock leads pre-market action on the TSX at C$7.89 on 23 Feb 2026 with 23,617,782 shares traded so far. Traders are watching volume far above the average of 1,655,620 shares, a key reason this name ranks among the most active in Canada. Yamana Gold Inc. (YRI.TO) sits in the Basic Materials sector and shows a near-term technical bias above its 50-day average of C$7.62. This pre-market snapshot connects volume, price, and fundamentals to the trading case for active investors and short-term strategists.
YRI.TO stock pre-market snapshot and price action
YRI.TO stock opened at C$7.89 and trades between C$7.83 and C$8.08 in early action. The share count of 23,617,782 today compares with an average volume of 1,655,620, a relative volume near 14.27. Year high is C$8.38 and year low is C$5.35. One clear claim: heavy volume is driving tighter intraday ranges and more visible price discovery for Yamana Gold Inc.
Fundamentals snapshot: earnings, ratios and cash flow for YRI.TO stock
Yamana reports trailing EPS of -C$1.38 and a negative PE of -5.72 reflecting recent losses. Market cap stands at approximately C$7.59B. Key ratios include PB 1.69, price-to-sales 3.07, and dividend yield 1.14%. Operating cash flow per share is C$0.55 and free cash flow per share is C$0.02. These metrics show a producer with solid book value and operating cash, but negative earnings per share.
Sector context and YRI.TO stock valuation vs Basic Materials peers
The Basic Materials sector average PB is 2.46 and average PE is 31.01. Yamana’s PB of 1.69 sits below the sector average. One conclusion: YRI.TO stock appears cheaper on book-value terms compared with larger gold peers, while its negative PE makes direct profit multiples less useful. Sector strength in 6M and YTD supports investor interest in gold names.
Technicals and trading signals for YRI.TO stock
The 50-day average price is C$7.62 and the 200-day average is C$6.85. YRI.TO stock trading above both averages suggests short-term strength. Relative volume and intraday range contraction point to order flow dominated by active traders. Liquidity is ample with nearly C$186.24M notional traded at current price and volume levels, making position entry and exit easier for active strategies.
Meyka AI grade and forecast for YRI.TO stock
Meyka AI rates YRI.TO with a score out of 100: Meyka AI rates YRI.TO with a score of 60.05 / 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 a one-year mean price of C$13.08, versus the current price of C$7.89, implying an upside of 65.86%. Forecasts are model-based projections and not guarantees.
Price targets, risk factors and catalysts for YRI.TO stock
We present a three-tier target range: conservative C$9.50 (upside 20.40%), Meyka base C$13.08 (upside 65.86%), and bull C$16.70 (upside 111.66%). Main risks include gold price declines, operational disruptions in the Americas, and continued negative EPS. Catalysts include stronger metal prices, cost reductions, and improved free cash flow that could tighten valuation gaps with peers.
Final Thoughts
YRI.TO stock is one of the most active TSX names in pre-market trade on 23 Feb 2026 because volume is far above normal and price sits above short-term averages. The company shows a market cap near C$7.59B, PB 1.69, dividend yield 1.14%, and EPS -C$1.38, a mix that supports a cautious view. Meyka AI’s forecast at C$13.08 implies a 65.86% upside from C$7.89, but that projection is model-driven and not a guarantee. For active traders the story is liquidity and momentum. For longer-term investors the valuation gap to peers and the company’s free cash flow trajectory will determine whether the base-case target is reachable. We note sector strength in Basic Materials and continued investor appetite for gold exposure as the backdrop for any position decision. For company details see the Yamana investor site and company image reference below source source. Meyka AI is the AI-powered market analysis platform behind the grade and forecast.
FAQs
What is the current price and trading volume for YRI.TO stock?
YRI.TO stock trades at C$7.89 in pre-market on 23 Feb 2026 with volume at about 23,617,782 shares versus average volume of 1,655,620 shares, showing heavy activity.
What price target does Meyka AI give for YRI.TO stock?
Meyka AI’s forecast model projects a one-year price of C$13.08 for YRI.TO stock, implying about a 65.86% upside from the current C$7.89; forecasts are model-based projections and not guarantees.
What are the main risks for Yamana Gold (YRI.TO)?
Key risks include lower gold and silver prices, operational issues at mines, cost inflation, and ongoing negative EPS that could weigh on valuation and dividends.
How does YRI.TO stock compare to Basic Materials peers?
YRI.TO has a PB of 1.69 versus the Basic Materials sector average PB of 2.46, making it cheaper on book-value terms, though earnings are negative which complicates PE comparisons.
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.