Professional
Added to YB: 2024-12-27
Pitch date: 2024-12-20
GOLD [bullish]
Barrick Mining Corporation
+187.02%
current return
Author Info
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Company Info
Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties.
Market Cap
CAD 69.3B
Pitch Price
CAD 15.01
Price Target
23.00 (-47%)
Dividend
1.46%
EV/EBITDA
9.21
P/E
19.72
EV/Sales
5.32
Sector
Metals and Mining
Category
value
Show full summary:
Barrick Gold Corporation: Gold Miner Shares Generally Benefiting From Elevated Gold Prices; Barrick and Newmont Cheap
GOLD: Gold price surge benefits miners. Barrick undervalued at $23 FV. 4.1M oz gold, 190K t copper in 2023. AISC $1340/oz. Growth to 4.6M oz by 2028. No moat due to higher costs. Risks: gold price volatility, geopolitical exposure. Strong balance sheet, fair investments, appropriate distributions.
Read full article (7 min)