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Yamana Gold Inc.YRI.TOCOMMENTJul 31, 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.
For a 2-5 year Hold? The cost of gold production right now is near where the price of gold is. This is not a bad producer and they have some decent mines. Smaller companies will move when the gold price moves, but there is a little bit more stability in bigger names. A smaller name, but good quality. (See Top Picks.)