Barrick Gold Corporation

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  • uploads///India and China Gold Demand for
    Macroeconomic Analysis

    Gold Demand: India Supersedes China Once Again

    India and China are close competitors for the title of number-one gold buyer. Together, the countries make up about 50% of the total global demand for gold.

    By Meera Shawn
  • uploads///Prod_Uodate
    Basic Materials

    Newmont Mining: Analyzing Its Production Drivers

    In the fourth quarter, Newmont Mining (NEM) produced 1.44 million ounces—a rise of 8% YoY (year-over-year).

    By Anuradha Garg
  • uploads///Analysts
    Macroeconomic Analysis

    Are Analysts Turning Bullish on Gold Post-Brexit?

    According to the median of 12 forecasts in a Bloomberg survey of analysts and traders, gold prices could reach as much as $1,424 per ounce by the end of the year.

    By Anuradha Garg
  • uploads///CORRELATION
    Miscellaneous

    Mining Stocks: How’s the Correlation Trending?

    Mining stocks with a higher correlation to precious metals will likely be impacted more by global indicators that influence precious metals.

    By Meera Shawn
  • uploads///Gold versus Two and Ten Year Interest Rates
    Miscellaneous

    How Economic Numbers Played on Gold on April 7

    Besides the attack on Syria, the latest rise in gold was also backed by dampened expectations that the Fed will raise interest rates soon.

    By Meera Shawn
  • uploads///Gold price versus DXY Currency
    Macroeconomic Analysis

    How the Surging US Dollar Has Kept Precious Metals in Its Grip

    Gold prices once again retreated on Friday, November 25, by $10.3 to close at $1,179 an ounce—the lowest level that gold has seen since February.

    By Meera Shawn
  • uploads///MINER
    Miscellaneous

    The Brightest Day for Mining This Week—So Far

    Randgold Resources, AngloGold Ashanti, Hecla Mining, and IAMGOLD have risen 30.7%, 17.9%, 13%, and 31.4% YTD, respectively.

    By Meera Shawn
  • uploads///chart
    Company & Industry Overviews

    An Overview of OPGSX’s Precious Metal Holdings

    OPGSX may also invest up to one-fifth of its portfolio directly into gold or silver bullion and other precious metals.

    By Ivan Kading
  • uploads///AdobeStock_
    Basic Materials

    How Do Barrick Gold and Newmont Goldcorp Stack Up?

    So far, Barrick Gold (GOLD) stock has been trading in a narrow range in the fourth quarter. The stock has risen almost 30% in 2019.

    By Vineet Kulkarni
  • uploads///CORRELATION
    Miscellaneous

    Analyzing the Correlation Trends of Miners in May 2017

    Over the past three years, Yamana has seen a rising correlation with gold, while AngloGold has seen a falling correlation to gold.

    By Meera Shawn
  • uploads///AdobeStock_
    Basic Materials

    Which Gold Stocks Do Analysts Love and Hate?

    Gold price’s reversal this year has created opportunities in gold stocks. The SPDR Gold Shares ETF (GLD) had gained 11% year-to-date as of Friday.

    By Anuradha Garg
  • uploads///gold stocks and prices
    Analyst Price Target

    Gold Prices Soar: Which Stocks Do Analysts Favor?

    Kirkland Lake is first among analysts’ favorite gold stocks with 91% “buy” and 9% “hold” ratings. The target price implies a potential upside of 16%.

    By Anuradha Garg
  • uploads///chart
    Macroeconomic Analysis

    Analyzing VGPMX’s Geographical Focus

    The VGPMX has performed poorly in the market in 2015. Top-weighted holdings Nevsun Resources and Dominion Diamond have fallen by 33% and 54%, respectively.

    By Ivan Kading
  • uploads///Gold miners
    Fund Managers

    Which Gold Miners Are Ray Dalio and John Paulson Betting On?

    Hedge funds increased their net positions in the SPDR Gold Shares ETF during the first quarter.

    By Anuradha Garg
  • uploads///IAG
    Miscellaneous

    Why IAMGOLD Has Climbed the Ranks among Analysts

    Currently, IAMGOLD (IAG) has the third-highest number of “buy” recommendations among analysts at 75%.

    By Anuradha Garg
  • uploads///thumb _
    Basic Materials

    Newmont Mining Rejects Barrick Gold’s Hostile Acquisition Bid

    In a press release today, Newmont Mining said that Barrick’s unsolicited negative premium proposal is not in shareholders’ best interest.

    By Anuradha Garg
  • uploads///Goldcorp_Ratings
    Miscellaneous

    Goldcorp’s Bulls: Where Are They Now?

    As of June 20, 2017, 52% of analysts covering Goldcorp (GG) have recommended a “hold” on the stock.

    By Anuradha Garg
  • uploads///CORRELATION
    Miscellaneous

    How Are Miners Tracking Their Correlation to Gold?

    Precious metals mining stocks are tied to metals. In order to understand precious metals’ performance, it’s crucial to analyze precious metal companies.

    By Meera Shawn
  • uploads///Front Month Gold Futures  Month Price Evolution
    Macroeconomic Analysis

    Where Are Gold Charts Pointing?

    Gold has been falling since touching its one-and-a-half month peak last week after Republican representative Donald Trump was elected president of the United States.

    By Meera Shawn
  • uploads///correlation
    Macroeconomic Analysis

    Understanding Mining Companies’ Correlation to Gold

    Precious metal mining shares that have a high correlation with gold include Agnico-Eagle Mines, Alamos Gold, Hecla Mining, and Randgold Resources.

    By Meera Shawn
  • uploads///miner_
    Macroeconomic Analysis

    Why Did Miners Rise Despite Loss in Gold?

    Although gold fell on Friday, most gold miners saw an up day, following the other precious metals.

    By Meera Shawn
  • uploads///Gold price versus DXY Currency
    Macroeconomic Analysis

    How Dollar Weakness Prompted Gold’s Rise

    The most recent fall of the US dollar against the basket of six major world currencies gave further support to dollar-denominated precious metals.

    By Meera Shawn
  • uploads///Cash
    Miscellaneous

    As Investors’ Cash Positons Remains Strong, Where Does Gold Stand?

    According to the most recent survey by Bank of America/Merrill Lynch (BAC), fund managers were cautious ahead of the US presidential election and concerns regarding the European Union.

    By Anuradha Garg
  • uploads///barrick gold buy
    Basic Materials

    Is Barrick Gold Stock a ‘Buy’ amid Economic Turmoil?

    Barrick Gold (NYSE:GOLD) stock has risen 39.3% year-to-date. Gold prices have been strong amid the economic turmoil and stock market crash.

    By Mohit Oberoi, CFA
  • uploads///oil and gold coronavirus
    Basic Materials

    How’s COVID-19 Playing Differently on Oil and Gold Prices?

    Usually, the correlation between gold prices and oil prices is positive for two main reasons. First, both are denominated in the US dollar.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    Is Gold the Asset To Own amid US-Iran War Threat?

    Gold continued to rally amid rising geopolitical tensions recently. The spot gold prices crossed the $1,600 per ounce level on Wednesday.

    By Vineet Kulkarni
  • uploads///Sprint stock
    Basic Materials

    Where Barrick Gold Stock Could Go from Here

    Barrick Gold (GOLD) stock has been trading in a narrow range for the last several weeks. Meanwhile, gold and silver’s performance has been lackluster.

    By Vineet Kulkarni
  • uploads///AdobeStock_
    Basic Materials

    Could 2020 Be Even Better for Barrick Gold?

    Barrick Gold seems well-placed going into 2020. With higher gold prices expected in 2020 and upbeat remarks by the CEO, investors could be optimistic.

    By Vineet Kulkarni
  • uploads///AdobeStock_
    Basic Materials

    Barrick Gold: Assets, Stock Price, and Price Targets

    Barrick Gold stock has shown a decent run this year. The company has been focusing on asset sales and posted better-than-expected earnings in Q3 2019.

    By Vineet Kulkarni
  • uploads///gold _
    Company & Industry Overviews

    Is Barrick Worth a Look after Its Merger with Randgold?

    The Barrick Gold–Randgold Resources (GOLD) merger recently completed, with the trading of new shares starting on January 2, 2019.

    By Anuradha Garg
  • uploads///AdobeStock_
    Macroeconomic Analysis

    Mobius and Powell: Why Gold Prices Could Soar

    On September 6, in an interview with CNBC, Mark Mobius advised investors to accumulate gold. According to Mobius, gold prices will have more upside.

    By Rabindra Samanta
  • uploads///AdobeStock_
    Financials

    Why UBS Is Advising Investors to Stay the Course

    UBS Global’s Mark Haefele recently wrote in a note, “We believe that investors can keep their investment strategies on track for the long term.”

    By Rabindra Samanta
  • uploads///AdobeStock_
    Macroeconomic Analysis

    Trump Thinks He Should Have Imposed Higher Tariffs

    When asked yesterday whether he had second thoughts on the trade war with China, Donald Trump replied, “Yeah! sure. Why not?”

    By Rabindra Samanta
  • uploads///AdobeStock_
    Consumer

    Where Did Stanley Druckenmiller Place His Bets?

    In the second quarter, Stanley Druckenmiller’s top five buys were Uber Technologies, Microsoft, Salesforce.com, PG&E, and Barrick Gold.

    By Rabindra Samanta
  • uploads///Gold
    Financials

    Gold: Mark Mobius Thinks Golden Years Are Ahead

    Mark Mobius endorsed gold. He predicted that gold (GLD) might top $1,500, which came true. The commodity traded at $1,514.5 at 8:45 AM ET.

    By Mike Sonnenberg
  • uploads///AdobeStock_
    Company & Industry Overviews

    Druckenmiller and Culp Bought GE Stock: Should You?

    Stanley Druckenmiller, a hedge fund manager and billionaire investor, told CNBC that he bought General Electric shares after the stock fell on Thursday.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    NEM-GG Merger: Newmont’s Special Dividend Announcement

    In a press release, Newmont Mining (NEM) said this one-time special dividend will be paid to Newmont shareholders of record as of April 17, 2019.

    By Anuradha Garg
  • uploads///hands _
    Basic Materials

    Newmont and Goldcorp Merge, Form World’s Largest Gold Company

    After the dividend, Paulson and VanEck agreed on the Newmont Mining and Goldcorp merger. The merger was finally completed on April 18.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    Could Newmont Goldcorp Turn Around This Year?

    Newmont Goldcorp (NEM) reported its Q2 results today, missing analysts’ top- and bottom-line estimates.

    By Anuradha Garg
  • uploads///AdobeStock_
    Basic Materials

    Which Gold Stocks Could Surprise Markets in Q2?

    After the turnaround in gold prices that began at the end of 2018, the fortunes for gold stocks are also looking brighter.

    By Anuradha Garg
  • uploads///Part
    Miscellaneous

    Why Wall Street Loves These Five Gold Stocks

    Among miners, Eldorado Gold (EGO), New Gold (NGD), IAMGOLD (IAG), and Barrick Gold (GOLD) have seen the highest gains of 50.6%, 44.4%, 40.3%, and 36.4%, respectively.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Analyzing Standard Chartered’s Bullish Gold Outlook

    Standard Chartered precious metals analyst Suki Cooper is very positive about gold’s price outlook. As reported by CNBC, she said, “There’s a lot more interest in gold on a widespread basis. It’s not just tactical investors or ETF holders. it’s broad based.”

    By Anuradha Garg
  • uploads///Part
    Macroeconomic Analysis

    Why Jeffrey Gundlach Likes Gold

    During DoubleLine’s investor webcast on June 13, Jeffrey Gundlach said, “I am certainly long gold.” His call on gold is based on his expectation that the US dollar (UUP) will finish lower this year.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    How Kinross’s Financial Position Looks Compared to Peers

    Kinross Gold’s (KGC) liquidity position at the end of the first quarter of 2019 was $1.8 billion.

    By Anuradha Garg
  • uploads///thumbs up _
    Basic Materials

    Gold Miners: Wall Street Is Optimistic

    Among senior and intermediate gold miners (GDX) (GDXJ), analysts are the most optimistic about Agnico Eagle Mines (AEM).

    By Anuradha Garg
  • uploads///Debt_Part
    Basic Materials

    A Look at These Gold Miners’ Financial Health after Q1 Results

    Barrick Gold (GOLD) has been focusing on paying down debt for the last few years.

    By Anuradha Garg
  • uploads///credit squeeze _
    Basic Materials

    How Does Gold Miners’ Financial Leverage Look after Q1?

    Newmont Mining and Barrick Gold had the highest financial leverage levels, as they made acquisitions at the peak of the commodity cycle.

    By Anuradha Garg
  • uploads///Value creation
    Company & Industry Overviews

    Barrick Gold’s Strategy for Creating Shareholder Value

    The Barrick Gold (GOLD) and Randgold Resources combined company intends to achieve sector-leading (GDX) (JNUG) returns.

    By Anuradha Garg
  • uploads///Debt
    Basic Materials

    How Barrick Gold’s Financial Leverage Compares with Peers

    Investors have become cautious of miners’ escalating debt positions, the result of acquisitions at the peak of the cycle.

    By Anuradha Garg
  • uploads///DB
    Basic Materials

    Analyzing Deutsche Bank’s Bullish Gold Outlook

    Like many other analysts, Deutsche Bank (DB) is also bullish on gold (GLD) prospects.

    By Anuradha Garg
  • uploads///thumbs up _
    Miscellaneous

    Gold: Analysts Are Bullish despite Weak Performance in 2019

    Gold prices have fallen 3% YTD (year-to-date) as of April 26. Gold prices fell ~1.9% in 2018 and significantly underperformed broader markets.

    By Anuradha Garg
  • uploads///stock trading monitor desk
    Basic Materials

    Yamana Gold: What to Expect from Its Q1 Results

    Yamana Gold is scheduled to release its first-quarter results on May 1 after the market closes. The company will hold a conference call on May 2.

    By Anuradha Garg
  • uploads///Valuation
    Basic Materials

    Which Gold Equities Could Grow after Q1 Results Are Released

    Agnico Eagle Mines’ (AEM) forward multiple of 10.3x, the highest among senior and intermediate gold miners, is 12% higher than its trailing-five-year average and 75% higher than its peers’ (GDX) (GDXJ).

    By Anuradha Garg
  • uploads///FCF Estimates
    Earnings Report

    Assessing Gold Miners’ Free Cash Flow This Year and Beyond

    Investors are usually interested in gold mining companies’ (GDX) (GDXJ) ability to generate FCF (free cash flow), as it helps them invest in future growth.

    By Anuradha Garg
  • uploads///EBITDA
    Earnings Report

    Which Gold Stocks Could Beat Analysts’ Earnings Expectations in Q1?

    Many gold miners (RING) are set to release their first-quarter results shortly. Analysts expect Barrick Gold’s (GOLD) EBITDA to rise 6.2% YoY (year-over-year) in the first quarter.

    By Anuradha Garg
  • uploads///Revenue
    Earnings Report

    What’s Driving Analysts’ Revenue Estimates for Gold Miners

    Analysts’ revenue estimates for gold miners (GDX) are important to track as they give us a good idea about their gold price (GLD) outlook and production.

    By Anuradha Garg
  • uploads///Negative sentiment
    Earnings Report

    Why Analysts Are Bearish on These Gold Equities

    Among senior and intermediate miners (JNUG) (GDX), New Gold (NGD), Barrick Gold (GOLD), Eldorado Gold (EGO), and Kinross Gold (KGC) have the fewest “buy” ratings from analysts, at 0.0%, 16.0%, 38.5%, and 40.0%, respectively.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Newmont and Goldcorp Merger Could Create Shareholder Value

    The merger will combine Newmont Mining’s 68.5 million ounces and Goldcorp’s 52.8 million ounces to form the world’s largest asset base.

    By Anuradha Garg
  • uploads///Barrick
    Basic Materials

    Deutsche Bank Upgraded Barrick Gold

    Barron’s reported that Deutsche Bank (DB) analyst Chris Terry has increased gold’s (GLD) (IAU) target price to $1,350 per ounce for 2019.

    By Anuradha Garg
  • uploads///abstract _
    Basic Materials

    Why Is Deutsche Bank Bullish on Gold?

    Gold prices (GLD) have risen 0.5% YTD (year-to-date) until April 12—compared to the gain of 16.1% in the S&P 500 Index (SPY).

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Wall Street Ratings: Gauging Gold Miners’ Upside Potentials

    Among senior and intermediate gold miners (GDX) (GDXJ), analysts are most bullish on Agnico Eagle Mines (AEM).

    By Anuradha Garg
  • uploads///NEM
    Basic Materials

    Newmont Stock Will Take Cues from Its Goldcorp Merger Execution

    Newmont Mining stock returned 3.2% in the first quarter, almost half the gains in the VanEck Vectors Gold Miners ETF in the same period.

    By Anuradha Garg
  • uploads///Barrick
    Basic Materials

    What Will Be Key to Barrick Gold’s Performance in 2019?

    Barrick Gold underperformed its senior and intermediate peers as well as the broader benchmark index during the first quarter of 2019.

    By Anuradha Garg
  • uploads///gold _
    Basic Materials

    How Gold and Gold Miners Performed in Q1

    Gold prices (GLD) gained just 0.6% in the first quarter compared to the gain of 13% in the S&P 500 Index (SPY).

    By Anuradha Garg
  • uploads///NEM
    Basic Materials

    What Wall Street Expects from Newmont after the Goldcorp Merger

    Analysts’ ratings According to Thomson Reuters, of the 15 analysts covering Newmont Mining (NEM), 67.0% have given the stock a “buy” rating, 20.0% say “hold,” and 13% have a “sell” rating on the stock. Its target price implies a potential upside of 15.3% based on its current price of $34.9. In the last three months, Newmont’s “buy” ratings have […]

    By Anuradha Garg
  • uploads///AEM
    Miscellaneous

    Do Analysts Want You to Buy Agnico Eagle Mines?

    Currently, 18 analysts are covering Agnico Eagle Mines (AEM), as per the consensus compiled by Thomson Reuters.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    The Five Gold Stocks Wall Street Is Loving Lately

    Gold miners usually act as a leveraged play on gold prices. In 2018, the VanEck Vectors Gold Miners ETF (GDX) fell 9.3%, amplifying the 1.9% fall in gold prices (GLD).

    By Anuradha Garg
  • uploads///gold _
    Basic Materials

    Will Newmont Investors Approve GG Merger after Special Dividend?

    Today, Newmont Mining (NEM) announced a conditional special dividend to shareholders if its proposed merger with Goldcorp (GG) goes through.

    By Anuradha Garg
  • uploads///Valuation
    Basic Materials

    Which Gold Miners Could Offer Valuation Upsides in 2019?

    In this article, we’ll look at individual gold miners’ valuations and compare them to their histories and their peers.

    By Anuradha Garg
  • uploads///EBITDA
    Basic Materials

    What Analysts Expect for Gold Miners’ Earnings in 2019

    Now that we’ve considered analysts’ revenue estimates for senior gold miners (GDX), in this article, let’s take a look at analysts’ EBITDA estimates.

    By Anuradha Garg
  • uploads///Revenues
    Basic Materials

    What’s Affecting Analysts’ Revenue Forecasts for Gold Miners?

    In this article, we’ll consider analysts’ estimates for senior gold mining companies’ (GDX) (JNUG) revenues going forward.

    By Anuradha Garg
  • uploads///gold _
    Basic Materials

    Which Senior Gold Miners Are Analysts Loving Lately and Why?

    In this series, we’ll consider recommendations, target prices, estimates, and potential upsides and downsides for senior gold miners.

    By Anuradha Garg
  • uploads///business _
    Basic Materials

    John Paulson Opposes the Newmont-Goldcorp Merger

    In a letter to Newmont Mining’s CEO, Paulson & Co. said it doesn’t favor Newmont Mining’s $10 billion merger with Goldcorp (GG).

    By Anuradha Garg
  • uploads///Net debt to EBITDA
    Basic Materials

    Which Gold Miners Can Easily Repay Their Debt?

    If a company has high debt but has the capacity to repay it through its earnings, then the debt likely won’t be much trouble for the company.

    By Anuradha Garg
  • uploads///Current ratio
    Basic Materials

    Which Gold Miner Has the Best Liquidity Profile?

    At the end of the fourth quarter of 2018, Barrick Gold had a cash balance of ~$1.6 billion and a $3 billion undrawn credit facility.

    By Anuradha Garg
  • uploads///Financial Health
    Basic Materials

    Which Gold Miners Are in Sound Financial Health after 2018?

    Not many investors were concerned about gold miners’ (GDX) (GDXJ) financial health when precious metal prices were high.

    By Anuradha Garg
  • uploads///gold is money _
    Basic Materials

    How Do Gold Miners’ Leverage Ratios Look?

    Barrick has reduced its debt more than 57% in the last four years from $13.4 billion at the end of 2014 to $5.7 billion at the end of 2018.

    By Anuradha Garg
  • uploads///FCF
    Basic Materials

    Which Gold Miners Could Show Free Cash Flow Upside in 2019?

    FCF (free cash flow) generation is quite important for gold mining companies (SGDM) (GDX).

    By Anuradha Garg
  • uploads///AISC
    Basic Materials

    How Gold Miners’ Costs Stack Up

    Barrick Gold (GOLD) reported AISC of $788 per ounce and a cost of sales of $980 per ounce in the fourth quarter.

    By Anuradha Garg
  • uploads///Production Growth
    Basic Materials

    Are Slowing Production Pipelines Fueling Gold Miner M&A Activity?

    The production growth of most of the miners (GDX) (JNUG) is either in decline or flat at best.

    By Anuradha Garg
  • uploads///Beats n Misses
    Basic Materials

    Did Gold Miners’ Q4 Results Meet Expectations?

    Barrick Gold (GOLD) opened the earnings season for gold miners with earnings on February 13.

    By Anuradha Garg
  • uploads///star _
    Basic Materials

    Which Gold Mining Stocks Could Have Upside Potential in 2019?

    The SPDR Gold Shares ETF (GLD), which tracks physical gold prices, has underperformed the broader markets YTD.

    By Anuradha Garg
  • uploads///Analysts
    Basic Materials

    What Would It Take for Analysts to Be More Positive about KGC?

    Of the 20 analysts covering Kinross Gold (KGC) as per the consensus compiled by Thomson Reuters, 40% have given it “buy” ratings, and 55% have given it “holds.”

    By Anuradha Garg
  • uploads///Balance sheet
    Basic Materials

    Could Kinross Gold’s Balance Sheet Support Its Future Growth?

    Kinross Gold’s (KGC) liquidity position at the end of the fourth quarter of 2018 reflected its strategic investments.

    By Anuradha Garg
  • uploads///Reserves
    Basic Materials

    A Look at Kinross Gold’s Reserves and Resources Update

    Kinross Gold (KGC) has maintained its gold price assumption of $1,200 per ounce for estimating reserves and $1,400 per ounce for estimating resources since 2011.

    By Anuradha Garg
  • uploads///Tasiast
    Basic Materials

    Can KGC’s Projects Aid Its Production Profile in the Medium Term?

    The Tasiast expansion project is very important for Kinross Gold (KGC) when it comes to replacing its maturing production.

    By Anuradha Garg
  • uploads///gold _
    Basic Materials

    Can Kinross Gold Stock Rise above Its Issues in 2019?

    Kinross Gold (KGC) reported adjusted EPS of $0.01 in 2018, beating analysts’ consensus estimate by $0.01.

    By Anuradha Garg
  • uploads///Part
    Basic Materials

    Barrick Gold Withdraws Hostile Acquisition Bid for Newmont

    On February 25, Barrick Gold (GOLD) put in an unsolicited bid to acquire Newmont Mining (NEM).

    By Anuradha Garg
  • uploads///gold _
    Basic Materials

    Newmont-Goldcorp Merger: What to Expect from Combined Company

    On January 14, Newmont Mining (NEM) and Goldcorp (GG) announced a merger.

    By Anuradha Garg
  • uploads///FCF
    Basic Materials

    Analyzing Barrick Gold’s Free Cash Flow Upside in 2019

    Barrick Gold’s FCF was $37 million in the fourth quarter—85% lower YoY. In 2018, the FCF was $365 million—down 45% YoY.

    By Anuradha Garg
  • uploads///Production
    Basic Materials

    Barrick Gold’s Merger Could Drive Its Production Going Forward

    Production growth is a crucial variable for miners. Along with realized metal prices, production growth drives a company’s top line.

    By Anuradha Garg
  • uploads///Valuation
    Basic Materials

    Barrick Gold’s Valuation Multiple: Upside in 2019?

    Among senior miners (GDX), Barrick Gold (GOLD) has the highest EV-to-EBITDA multiple of 8.4x—a premium of 29% to its historical multiple.

    By Anuradha Garg
  • uploads///money _
    Company & Industry Overviews

    Barrick Gold after the Randgold Merger: Upside in 2019?

    In the fourth quarter, Barrick Gold produced 1.26 million ounces of gold—up 9.7% sequentially but down 6% YoY (year-over-year).

    By Anuradha Garg
  • uploads///Reserves
    Basic Materials

    Newmont Mining’s Reserves Fell during 2018

    Newmont Mining (NEM) reported reserves of 65.4 million ounces for 2018—4.5% lower compared to 2017.

    By Anuradha Garg
  • uploads///Ray Dalio versus Buffett
    Basic Materials

    Buffett versus Dalio on Gold: Whose Advice Should You Take?

    When it comes to investing in stocks, Berkshire Hathway’s (BRK.A) chair, Warren Buffett, and Bridgewater’s founder, Ray Dalio, have similar advice.

    By Anuradha Garg
  • uploads///Projects
    Basic Materials

    Newmont Mining: Upside to Its Project Pipeline

    Newmont Mining has already declared commercial production for three projects this year. The latest project is Subika Underground.

    By Anuradha Garg
  • uploads///stock trading monitor desk
    Basic Materials

    Can Newmont Mining Outperform Its Peers in 2019?

    Newmont Mining (NEM) reported its fourth-quarter earnings results before the market opened on February 21.

    By Anuradha Garg
  • uploads///handshake _
    Basic Materials

    Barrick Gold Makes a Hostile Bid to Acquire Newmont Mining

    Today, Barrick Gold (GOLD) made an unsolicited bid for its rival Newmont Mining (NEM) in an all-share deal.

    By Anuradha Garg
  • uploads///coins _
    Basic Materials

    Newmont Mining’s Q4 Results Beat Estimates, Stock Rises

    Newmont Mining (NEM) reported its fourth-quarter earnings results before the market opened on February 21.

    By Anuradha Garg
  • uploads///coins _
    Company & Industry Overviews

    GOLD Proposes Framework for Resolution of Dispute in Tanzania

    Today, Barrick Gold outlined a proposed framework for the resolution of the outstanding dispute between subsidiary Acacia Mining and the government of Tanzania.

    By Anuradha Garg
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