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Yamana Gold Inc.YRI.TODON'T BUYNov 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.
There are 3 reasons to own gold. 1.) You think there is a disaster coming. 2.) You think there is big inflation. 3.) You think the US$ is going down a bunch. The US$ is rallying, and there is no disaster in the near term. Money is leaving the sector.