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Yamana Gold Inc.YRI.TOPAST TOP PICKMar 04, 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.
(Top Pick Mar 5/13, Down 18.39%) High quality company and cash flows were growing. He sold it in the last year to replace with Franco who have a different business model and could take the stress YRI was facing. Argentina got worse and that was another factor in exiting YRI (25% Argentina).