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Yamana Gold Inc.YRI.TOCOMMENTFeb 10, 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 a long road ahead of it. There is a lot of debt on their balance sheet. They tried to spin out a subsidiary, which raised a fraction of what they thought it would. Not a favourite he would look for in this market.