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Yamana Gold Inc.YRI.TOSELLJul 22, 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.
Seasonally you are probably heading into better times for gold, but wouldn’t put too much into that seeing the run that gold has had. This has almost tripled off the lows and you have to worry a little about the political risks in the South American jurisdictions. There is a mishmash of projects, and there’s not much operating cash flow. He would take your money and run.