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Added to YB: 2024-12-26

Pitch date: 2024-09-30

GOLD [bullish]

Barrick Mining Corporation

+120.67%

current return

Author Info

No bio for this author

Company Info

Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties.

Market Cap

CAD 69.3B

Pitch Price

CAD 19.64

Price Target

N/A

Dividend

1.46%

EV/EBITDA

9.21

P/E

19.72

EV/Sales

5.32

Sector

Metals and Mining

Category

turnaround

Show full summary:
Sound Shore Fund Portfolio Holding: Barrick Gold Corporation

GOLD: Earnings beat on improved costs & higher metal prices. Post-Randgold merger, streamlined assets. Organic growth + better prices to boost returns. Strong balance sheet & FCF support dividends & buybacks. Initiated at low P/E & P/B; valuation upside as operational issues resolve.

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