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Yamana Gold Inc.YRI.TOBUYFeb 12, 2014Stock 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.
Going with what is happening in other gold stocks. Has been a dog for a long time and significantly underperformed the market. Recently broke through a very long downward trend and is now establishing a bottom. Chart shows it has just completed a reverse head and shoulders pattern, the best typical pattern you could possibly have. Trending higher, above its 20 day moving average and outperforming the market.