Added to YB: 2024-07-03
Pitch date: 2024-07-01
GOLD [bullish]
Barrick Mining Corporation
+170.11%
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 16.05
Price Target
N/A
Dividend
1.46%
EV/EBITDA
9.21
P/E
19.72
EV/Sales
5.32
Sector
Metals and Mining
Category
value
Show full summary:
Superfluous Value: H1 2024 Portfolio Review - Barrick Gold Corporation
GOLD: Barrick Gold reopened Porgera mine in PNG, but closed again due to landslides. Investing heavily in Reko Diq copper-gold project in Pakistan. Trading at 1.25x book, 8x cash flow (near historical lows). Strong management under Mark Bristow. Opportunity to lead industry in bull market returns despite challenging jurisdictions.
Read full article (1 min)