Raymond James lowered the firm’s price target on Barrick Gold (GOLD) to $24 from $25 and keeps an Outperform rating on the shares. Barrick ...
While GOLD's efforts to advance key projects, solid financial health and a safe dividend yield paint a promising picture, its high costs warrant caution.
The increase is primarily attributed to the Reko Diq copper-gold project in the Chagai district of Balochistan, Pakistan.
Global gold and copper miner Barrick Gold Corporation has reported that its attributable proven and probable gold mineral reserves have increased by 17.4-million ounces before 2024 depletion.