Amid Global Gold Expansion, Barrick Mining Corp (B): Outperform Rating
Corroborated by 2 sources from 2 publishers
globalgeneral4h ago
TL;DR
Barrick Is Willing to Shuffle Assets as It Eyes Unit Spinoff Image by Bishnu Sarangi from Pixabay The outperform rating reflects the company’s significant interest in high-quality gold mines and copper assets. Consequently, it remains well-positioned to continue generating strong cash flow. The acquisition of Randgold has exposed the company to top-tier assets and prospects for free cash flow generation.