The Globe and Mail reports in its Tuesday edition that the gold business, nothing gets the sharks circling like the combination of promising mines and a depressed stock price. The Globe's Andrew Willis writes that the sector's prolonged slump now has its biggest predators -- Newmont and Barrick Gold -- feeding on weaker rivals, creating expectation of further takeovers in an industry where many experts see consolidation as long overdue. The next potential target is a hot topic of conversation in investment banking circles, as analysts crunched the numbers on the takeover of Goldcorp. CIBC looked at the senior gold producers in a report on Monday, and found that Goldcorp traded at a discount to peers, but the valuation gap was even larger at Yamana Gold and Kinross Gold. Yamana's stock price today is half what it was three years ago, despite restructuring efforts that include selling the Gualcamayo mine in Argentina last October. CIBC's mining group said in a report, "With Gualcamayo now out of the picture and more M&A in the sector, Yamana could itself become a target given its discount valuation." Kinross executives have spent years digesting a poorly timed $7.1-billion acquisition of properties in Africa.