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Yamana Gold Inc.YRI.TOTOP PICKOct 09, 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.
Excellent senior gold producer in the Americas including Brazil, Chile, Argentina and Mexico. Targeting a million ounce production in 2012 with ultimate growth to 1.7 million ounces. They really haven’t disappointed in the past 2 years. Excellent balance sheet. Nice dividend at 1.8% yield with probable room to grow.