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Yamana Gold Inc.YRI.TODON'T BUYMar 13, 2018Stock 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.
He has been looking at this stock for 26 years. It is one of the “gold bug” stocks. Gold has caused a lot of heartache for him. There is support for Yamana at $3.39. Volume is very spotty here. He thinks that the best hope with this stock is only a 20-cent or 30-cent increase. He thinks there are larger, less risky gold stocks with better potential.