Report
EUR 12.83 For Business Accounts Only

Increased risk weighs on BARRICK GOLD CORP, penalising its rating down to Slightly Negative

The independent financial analyst theScreener just lowered the general evaluation of BARRICK GOLD CORP (CA), active in the Gold Mining industry. As regards its fundamental valuation, the title still shows 2 out of 4 possible stars. Its market behaviour, however, has slightly deteriorated and will be qualified as risky moving forward. theScreener considers that these new qualifications justify an overall rating downgrade to Slightly Negative. As of the analysis date July 6, 2021, the closing price was CAD 26.56 and its target price was estimated at CAD 22.68.
Underlying
Barrick Gold Corp.

Barrick Gold is engaged in the production and sale of gold, as well as related activities such as exploration and mine development. Co. also produces copper and hold interests in oil and gas properties located in Canada. Co.'s mining operations are concentrated in three regional business units: North America, South America and Australia Pacific. Co. also hold a 73.9% equity interest in African Barrick Gold plc that owns gold mines and exploration properties in Africa. Co.'s copper business unit contains producing copper mines located in Chile and Zambia; and a mine under construction located in Saudi Arabia.

Provider
TheScreener
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