Sector in uptrend, M&A activity will riseFor example, Dynacor (DNG) became debt-free a few days ago after early repaiment of all its debt and trades just 4 times 2018 EBITDA based on its production growth figures for 2018.
Barrick (and Yamana) drill next to DNG's Tumipampa asset in Peru, so I think DNG is a takeover target.