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Yamana Gold Inc.YRI.TOCOMMENTAug 02, 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.
This has done quite well. One of those classic stories in that it just overcorrected, some of it justified by past weak performance. They have gotten back to their knitting in terms of reducing costs and creating free cash flow. Just sold one of their Mexican mines.