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TSE:YRI

Yamana Gold Inc. (YRI.TO)

7.89
+0.01 (0.13%)
as of Apr 3, 2023, 8:00:00 pm Market Open.
162 watching
0
BUY
Model price 95% positive differential.
COMMENT
On the trail for significant acquisitions. Currently looking at Meridian (MNG-T). Have about 30% approval so they may have to increase their bid to make it happen. Stronger gold price will help move the stock. Prefers developers rather than acquistors in gold companies.
BUY
Trying to acquire Meridian Gold (MNG-T). Likes the stock, whether they get Meridian or not. Good growth profile.
BUY
Very bullish on gold. They are terribly ambitious, expanding, buying assets etc. This stock is all right. He hopes they don't acquire Meridian.
WEAK BUY
Trying to acquire Meridian Gold (MNG-T), who are strongly opposing the bid. Have built up their company through acquisitions while Meridian has done theirs through exploration. Expect the offer will expire, which would make it a good short-term buy.
COMMENT
In the process of a 3 way combination with Northern Orion (NNO-T) and Meridian (MNG-T) and his company is an advisor on this transaction so he is not allowed to speak on this.
COMMENT
Gold companies earnings estimates are getting hammered. Cost of extraction is going up faster than the gold price. The good news on this one is that the revisions, although they have come down a bit, have not come down a lot. His model price is $23.69, basically 126% upside. They are trying to buy Meridian and there is a lot of confusion on the stock right now.
BUY
A little unhappy with their hostile Northern Orion (NNO-T) and Meridian (MNG-T) transactions. Not sure this is an appropriate transaction for them. Northern Orion will not be in production for many years. Don't think they will be successful in this. If the deal falls through, he thinks there will be a pop in the stock price.
HOLD
Have a bid in for Meridian (MNG-T). Has done a lot of growth through acquisitions so they definitely know how to do acquisitions. Have some questions on the assets they would acquire.
TOP PICK
A great gold company that's been beaten up so badly by the commodity and the acquisition. He has a big position in it.
DON'T BUY
Gold is a group that has been threatening for about 6 months and has not been able to break out. He prefers Agnico Eagle and Barrick. This one is trading below its 200 day moving average.
COMMENT
Not interested in the ripples that the offer to buy Meridian (MNG-T) has created. Expect it will become a hot one again further down the road.
DON'T BUY
Not one of his favourite gold stocks. Will probably be OK. A lot of promotion and a lot of talk. Sector is favourable but you could probably be in better places.
WEAK BUY
Wants to produce a million ounces of gold a year. All the charts look like this one, so this one going down is not special.
BUY
Gold sector is very tired and has been sliding pretty well since April.
Showing 451 to 465 of 518 entries