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Yamana Gold Inc.YRI.TODON'T BUYNov 26, 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.
Are we in a bit of a gold bear market? They have been increasing production. Longer term they should be fine but you have to get a high gold price environment. Gold could stay at this level or go lower. 1 to 2 years may not be enough time.