Here's Why Barrick Gold (GOLD) is a Strong Growth Stock
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.
3 Gold Stocks to Watch Ahead of Inflation Data
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.
Barrick Gold (GOLD) Stock Sinks As Market Gains: Here's Why
In the most recent trading session, Barrick Gold (GOLD) closed at $16.59, indicating a -0.78% shift from the previous trading day.
Barrick Gold: Another Year Of Successful Reserve Replacement
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.
Despite Strong Gold Prices, Barrick Stock Is Down 11% This Year. Is It A Good Bet?
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.
Here's Why Barrick Gold (GOLD) is a Strong Growth Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Are Investors Undervaluing Barrick Gold (GOLD) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Barrick Gold: Exceptional Profitability And Attractive Valuation
Gold prices continue to rise due to geopolitical uncertainties, making prominent industry players like Barrick Gold worth paying attention to. I think Barrick Gold is attractive due to its strong operational performance, healthy balance sheet, and focus on the most attractive assets. In my analysis, I compare how Barrick Gold looks against the world's largest gold mining company, Newmont Corporation. Barrick Gold performs better across most crucial criteria.
Barrick Gold Isn't Dead Money As Pessimism Peaks
Barrick Gold stock has outperformed the S&P 500 significantly since my last update in March 2024. Barrick Gold's second-half production should improve, lifting its profitability profile. GOLD stock remains attractive despite the recent outperformance.
Barrick Gold (GOLD) Up 3.4% Since Last Earnings Report: Can It Continue?
Barrick Gold (GOLD) reported earnings 30 days ago. What's next for the stock?
Here's Why Barrick Gold (GOLD) is a Strong Value Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Barrick Gold (GOLD) Upgraded to Strong Buy: What Does It Mean for the Stock?
Barrick Gold (GOLD) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
