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Yamana Gold Inc.YRI.TOCOMMENTJun 03, 2016Stock 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.
(Market Call Minute.) All the gold stocks are obviously a play on the commodity. They all have extremely strong price momentum. The Fed going on Hold for longer, will take these gold stocks higher. This is not a space that he plays in at all, and valuation is still quite poor on this stock.