Скачать или смотреть Gold Mine Deal Sparks Investor Selloff | Minera Buy Equinox Assets

#GOLD #mining #resources #goldprice #stockmarket
In this video we break down Equinox Gold’s sale of its Nevada assets including the small-scale Pan Mine to Minera Alamos for $90M cash and $25M in shares. For Equinox the deal makes sense as the mine was too small and costly to fit their model. For Minera it adds a second producing asset and growth potential but comes with a massive share dilution to fund the purchase which has investors uneasy. The market reaction was sharp with Minera’s stock dropping nearly 25% after the announcement. The deal is set to close later this year. Subscribe for more market coverage.


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