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Yamana Gold Inc.YRI.TOTOP PICKNov 28, 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.
Broke out of a $14-$17 range. Chart shows a miniature W formation, which is good. Senior golds are dragging. The more junior ones like this one are starting to move. Chart shows a very interesting technical development where you draw a horizontal line from 2010 and the support is right at that horizontal line. Shows a very nice uptrend above the 200 day moving average.