Barrick Gold Benefits From Uncertainty

(7min)

Summary

  • Barrick Gold Corporation benefits from high gold prices and a strong portfolio, driving YoY growth and maintaining low costs despite inflationary pressures.
  • The company has promising assets like Reko Diq and Nevada projects, ensuring long-term production and profitability.
  • Barrick Gold's strategic operations in Latin America, Asia Pacific, Africa, and the Middle East bolster its production and shareholder returns.
  • Despite risks tied to gold price volatility, Barrick's efficient operations and strong gold prices make GOLD stock a compelling investment opportunity.
  • The Retirement Forum members get exclusive access to our real-world portfolio. See all our investments here »

Gold ingots and coins close up

Anthony Bradshaw

Barrick Gold Corporation (NYSE:GOLD) is one of the largest mining companies in the world, worth $35 billion. In a world with massive economic uncertainty, where the U.S. is adding and removing tariffs at a whim and threatening to make neighboring

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This article was written by

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The Value Portfolio specializes in building retirement portfolios and utilizes a fact-based research strategy to identify investments. This includes extensive readings of 10Ks, analyst commentary, market reports, and investor presentations. He invests real money in the stocks he recommends.

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOLD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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