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Yamana Gold Inc.YRI.TOCOMMENTJan 09, 2015Stock 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.
This might be a good trade rather than an investment, depending on what the gold price does for the next couple of years. He would treat entries into this more from a trading perspective. As an investment, he would prefer to go to the bigger names because they have more liquidity and more flexibility. Goldcorp (G-T) and Silver Wheaton (SLW-T) could have a reasonable run up. What you are looking for is low cost and a good balance sheet.