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Yamana Gold Inc.YRI.TOBUYAug 24, 2012Stock price when the opinion was issued
As of Apr 03, 2023. Market Open.
They basically broke up the company to have the marginal Brazilian assets in Equinox. They sorted out their balance sheet.
This is a seasonal point of strength for gold and a good piece to have in your portfolio. Wouldn’t buy it for the long-term as the yields are quite low. Probably not a bad time to buy in but be ready to take some profits when bullion itself tops out. Could be $20 a year out.