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Yamana Gold Inc.YRI.TOPAST TOP PICKSep 25, 2013Stock 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.
(A Top Pick September 7/12. Down 35.35%.) You ought to be nibbling away at gold stocks. Some gold stocks are very cheap, but this one is not one of those. Fairly low cost of production, so it probably represents better value than some of the cheaper ones. However cheaper stocks have a lot more leverage on a rebound in the price of gold. (See Top Picks.)