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Yamana Gold Inc.YRI.TOCOMMENTFeb 01, 2017Stock 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 been lagging some peers lately. Their last report showed that their all-in sustaining costs were relatively high at around $930. Thinks there were some setbacks in 1 or 2 projects. However, overall this is a fairly good company, and relative to the others, it looks fairly inexpensive. There is going to be a fair amount of CapX going forward. Over the next year, this is kind of an unknown, but if looking at it for the long-term, they’ll probably be alright.