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Yamana Gold Inc.YRI.TODON'T BUYOct 14, 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 is having a problem, and could be forming what is called a death cross, when the 50 day moving average falls below the 200 day moving average. The chart shows an almost perfect “head and shoulders pattern”. When you have this pattern, you take the height from the previous range, and the downside risk is to that same range. Not a good situation to be in.