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home / news releases / AUY - Yamana Gold To Buy Monarch: One Winner

AUY - Yamana Gold To Buy Monarch: One Winner

Yamana Gold Inc.
  • Yamana Gold has reached a friendly agreement to buy Monarch Gold.
  • The price is C$152 million and a 43% premium to Monarch's share price as on Friday, October 30.
  • The deal undervalues Monarch's assets, and I wouldn't be surprised to see a competing bid emerge, as I explain below.

For further details see:

Yamana Gold To Buy Monarch: One Winner
Stock Information
Company Name: Yamana Gold Inc.
Stock Symbol: AUY
Market: NYSE
Website: yamana.com
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