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Yamana Gold Inc.YRI.TODON'T BUYSep 09, 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.
Most gold stocks have not done well, given what the gold price has done, which dropped from $1900 about 1.5 years ago and is now at around $1260. Gold companies that don’t hedge are going to come off as the gold prices come off. Prefers Goldcorp (G-T).