BARRICK GOLD CORP (ABX) Stock News
NYSE:ABX - New York Stock Exchange, Inc. - CA0679011084
ABX Latest News, Press Relases and Analysis
Should You Buy Barrick Gold Stock Ahead of Q1 Earnings?
GOLD's first-quarter results are expected to reflect higher gold prices amid cost headwinds.
Why Barrick Gold (GOLD) Outpaced the Stock Market Today
Barrick Gold (GOLD) concluded the recent trading session at $19.04, signifying a +0.74% move from its prior day's close.
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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.
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Is Barrick Gold (GOLD) a Buy as Wall Street Analysts Look Optimistic?
According to the average brokerage recommendation (ABR), one should invest in Barrick Gold (GOLD). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
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Billionaire Investor John Paulson Sees Bullion Near $5,000 An Ounce By 2028: ‘I Think Gold Will Increase Its Position In The World’
Paulson also noted that, if faith in the U.S. dollar declines, gold is the best alternative as a reserve currency.
Wall Street's winners and losers during Trump's 100 days at White House
(Reuters) -The dramatic shift in U.S. domestic and foreign policy since President Donald Trump returned to the White House on January 20 has sent shockwaves across global financial markets. Trump's multi-front trade war and constant flip-flops on tariffs have upended supply chains, clouded business outlooks and stoked fears of a recession in the U.S. The S&P 500 has lost nearly 8% since his January 20 inauguration. Data analytics provider Palantir, which works with the Department of Homeland Security, has surged nearly 60% since Trump came into power as the Department of Defense prioritizes a new software acquisition effort to enhance the U.S. military.
Billionaire investor John Paulson sees gold near $5,000 by 2028
Deutsche Bank, for one, expects bullion to hit $3,700 an ounce by next year. Already the largest shareholder in Idaho gold and antimony developer Perpetua Resources, Paulson last week bought a 40% stake in NovaGold's Donlin gold project in Alaska from Barrick. Asked where he expects bullion prices to head, Paulson cited a recent estimate put to him for levels at the "high $4,000 range" within three years.
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Barrick Gold (GOLD) is a Top-Ranked Growth Stock: Should You Buy?
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.
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Barrick Gold’s Mali dispute leads to subcontractor layoffs at Loulo-Gounkoto complex
Operations at the Loulo-Gounkoto complex have been suspended since January.
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Jim Cramer on Barrick Gold Corporation (GOLD): ‘I Stay A Believer’
We recently published an article titled What Happened After Jim Cramer Talked About These 13 Stocks. In this article, we are going to take a look at where Barrick Gold Corporation (NYSE:GOLD) stands against the other stocks Jim Cramer recently discussed. During a recent episode of Mad Money, Jim Cramer offered his perspective on the day’s […]
Jim Cramer Says Barrick Gold (GOLD) Has ‘A Lot More Room to Run’
We recently published a list of Top 10 Stocks to Watch Ahead of May. In this article, we are going to take a look at where Barrick Gold Corp (NYSE:GOLD) stands against other top stocks to watch ahead of May. Aswath Damodaran from NYU Stern School of Business said in a latest interview with CNBC […]
Exclusive-Barrick Gold contractors in Mali lay off staff amid government dispute -documents, sources
DAKAR (Reuters) -At least four subcontractors employing several hundred people at Barrick Gold's complex in Mali are laying off staff following a two-year dispute between the Canadian miner and the state, according to documents seen by Reuters and people familiar with the matter. Some of the subcontractors said they have not received any payments from Barrick for months. Operations at Barrick's Loulo-Gounkoto complex, a major source of gold production for the Toronto-based company and the largest mining operation in Mali, have been suspended since January after the government seized around 3 metric tons of gold stock from it, accusing the company of not fulfilling its tax obligations.
Here's Why Barrick Gold (GOLD) Gained But Lagged the Market Today
In the latest trading session, Barrick Gold (GOLD) closed at $19.41, marking a +1.84% move from the previous day.
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Why Gold Miner Stocks Plunged Today on a Great day for the Markets
Shares of gold mining stocks Barrick Gold (NYSE: GOLD), Newmont Mining (NYSE: NEM), Gold Fields (NYSE: GFI), and AngloGold Ashanti (NYSE: AU) were all down today, falling 4.6%, 2.6%, 6%, and 5.1%, respectively. The declines were all the more notable as the broader market indexes were up strongly on the day.
Why Gold Miner Stocks Plunged Today on a Great day for the Markets
Why Barrick Gold Stock Is Trading Lower
Barrick Gold Corp (NYSE:GOLD) shares are trading lower by 4.5% to $19.08 during Wednesday’s session.
Barrick Is Cashing In on Gold’s Record Rally With Asset Sales
For Barrick Gold Corp., one of the world’s top bullion producers, the precious metal’s blistering rally to record prices is looking like a great opportunity to raise some cash as the company looks to pivot harder into copper mining.
Jim Cramer Sees Room to Run for Barrick Gold (GOLD): “Gold Is Going Higher Still”
We recently published a list of 9 Stocks on Jim Cramer’s Radar. In this article, we are going to take a look at where Barrick Gold Corporation (NYSE:GOLD) stands against other stocks on Jim Cramer’s radar. On Monday, Mad Money host Jim Cramer drew a parallel to 2011 and argued that what we are seeing […]
US Business Activity Growth at Weakest Since 2023
Mining Stocks Still Have Room To Rise as Gold Hits Record High, Jefferies Says
As gold prices keep hitting record highs, Jefferies analysts said shares of companies that mine the precious metal could still have room to rise.
Barrick Gold Seeks Buyers for Its Last Mine in Canada
Barrick Gold Corp. is looking to sell its last mine in Canada in a push to capitalize on record gold prices and a renewed interest in North American mining operations.
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Takeover Tuesday Takes Shape from Boeing to Barrick
Boeing announced it will sell assets to Thoma Bravo for nearly $11 billion in cash. Nomura agreed to buy an asset management business in its most significant overseas acquisition since Lehman Brothers in 2008, while Barrick exits a mining business, in part to John Paulson. Does this signal more dealmaking? Bloomberg's Liana Baker joined Wall Street Beat on Open Interest with some insight. (Source: Bloomberg)
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TSX rises to near 3-week high on trade war optimism
(Reuters) -Canada's main stock index rose to a near three-week high on Tuesday, helped by gains for the technology and energy sectors, as some optimism took hold of a letup in the global trade war. The Toronto Stock Exchange's S&P/TSX Composite Index ended up 297.12 points, or 1.2%, at 24,305.98, its highest closing level since April 3. Wall Street also rallied, helped by a report that U.S. Treasury Secretary Scott Bessent had said a tariff standoff with China was unsustainable, and that he expects the situation to de-escalate.
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Barrick to Sell Alaska Gold Stake to John Paulson, Novagold
Barrick Gold Corp. is exiting an Alaskan mining project by selling its 50% stake to billionaire John Paulson and Novagold Resources Inc. for $1 billion, according to people familiar with the matter.
Cramer's Lightning Round: Don't sell CarMax
"Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
Gold Hits $3,400 As US Dollar Weakens, Trade Uncertainty Grows
The U.S. Dollar Index, which measures the dollar against a basket of six major currencies, fell to 98.30, its lowest level since March 2022, in pre-market trade on Monday.