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Barrick Gold

All articles tagged with #barrick gold

markets11 days ago•5 min saved

Gold steadies as US data cools rate-hike bets; silver production climbs and coin demand rebounds

Soft US data cooled expectations for a Fed rate hike and helped gold hover around $4,425/oz, while Iran-related uncertainty and oil dynamics add a geopolitical backdrop. Heraeus notes Barrick Gold and Pan American Silver meeting or exceeding 2026 production targets, and a July rebound in Perth Mint silver bar/coin sales suggests price-sensitive demand returning. Silver trades near $66/oz as overall metals demand shows tentative improvement.

via KITCO|

#barrick-gold #gold #iran

finance2 years ago•3 min saved

"Barrick Gold Exceeds Q4 Earnings Estimates and Announces Buyback Program"

Barrick Gold (GOLD) exceeded Q4 earnings estimates with $0.27 per share, a 28.57% surprise, but missed revenue estimates. Its stock performance will depend on management's commentary and future earnings expectations. The Zacks Rank for the stock is currently #3 (Hold), indicating expected performance in line with the market. Sandstorm Gold (SAND) is yet to report its quarterly results, with expectations of a significant year-over-year earnings change.

via Yahoo Finance|

#barrick-gold #earnings #finance

finance2 years ago•1 min saved

"TSX Slides on Disappointing CPI Data and Commodity Price Declines"

Canada's main stock index, the TSX, dropped 0.64% amid a broad selloff, with the materials sector leading the losses, following disappointing December CPI data that showed core inflation rising more than expected. Investors are now less hopeful for an early interest rate cut by the Bank of Canada. Barrick Gold and First Quantum Minerals were among the individual stocks that saw declines after reporting lower preliminary gold production and halting production at a copper mine, respectively.

via Yahoo Finance|

#barrick-gold #canada #cpi

stock-market2 years ago•1 min saved

"Cramer's Lightning Round: SoFi is a Must-Buy for Investors"

Jim Cramer, host of CNBC's "Mad Money," shared his thoughts on several stocks during his lightning round segment. He expressed optimism about SoFi, stating that he remains a buyer and believes CEO Anthony Noto is doing a great job. Cramer also discussed Barrick Gold, Generac, Golden Ocean, and Guardant Health, providing insights on their performance and potential. However, he advised caution with Golden Ocean due to its historical boom and bust nature, and recommended considering Danaher over Guardant Health for gene sequencing investments. Additionally, Cramer suggested that Walgreens needs to present a plan and cut its dividend in order to regain his recommendation.

via CNBC|

#barrick-gold #generac #golden-ocean