The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
In the most recent trading session, Barrick Gold (GOLD) closed at $17.78, indicating a +1.95% shift from the previous trading day.
Barrick (GOLD) emphasizes the importance of sustaining the Loulo-Gounkoto gold mining complex, with a significant economic contribution to Mali.
Barrick's (GOLD) Kibali mine sustains high production and leads in renewable energy, fostering regional growth and biodiversity.
Barrick's (GOLD) growth initiatives, actions to boost production, solid financial health, rising earnings estimates, healthy growth trajectory and attractive valuation paint a promising picture.
Investors interested in stocks from the Mining - Gold sector have probably already heard of Barrick Gold (GOLD) and Agnico Eagle Mines (AEM). But which of these two stocks presents investors with the better value opportunity right now?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
The Personal Consumption Expenditures Price Index (PCE) -- also known as the Federal Reserve's preferred inflation gauge -- for June is due out later this week.
In the most recent trading session, Barrick Gold (GOLD) closed at $16.59, indicating a -0.78% shift from the previous trading day.
Barrick reported another year of successful reserve replacement and is set to see significant reserve growth and reserve growth per share once Reko Diq/Fourmile move into reserves. Notably, this reserve growth has been accomplished without M&A since 2019, and the company has done a solid job holding the line on grades at ~1.7 G/T of gold. In this update, we'll dig into Barrick's valuation, why the stock looks primed to bottom out here and why its yield could be much higher with its performance dividend.
Barrick Gold stock (NYSE: GOLD) has declined by about 11% year-to-date. The underperformance comes despite the fact that gold prices have been trending considerably higher, rising from levels of around $2,050 per ounce in early January to levels of over $2,300 per ounce currently, driven by cooling inflation, expectations of interest rate cuts by the Federal Reserve, and geopolitical uncertainties following the Israel-Gaza war.