Barrick Gold: A Gold Miner Of Choice

Barrick Gold: A Gold Miner Of Choice


Barrick reported its third-quarter 2020 results on November 5, 2020. It recorded total sales of $3,540 million, up 32.2% year over year.

The company’s total gold production in 3Q’20 was 1,155 K Au Oz.

The investment thesis that I recommend is to keep a long-term position and never entirely sell out. Looking for a helping hand in the market? Members of The Gold And Oil Corner get exclusive ideas and guidance to navigate any climate. Get started today » Source: Business advantage PNG Image: Porgera Mine Investment Thesis The Toronto-based Barrick Gold ( GOLD ) released its third quarter of 2020 results on November 5, 2020. It was another outstanding quarter overall that beat analysts’ expectations, with record revenues of $3.540 billion and a whopping free cash flow of $1,311 million. The company decided to increase the dividend by 12.5% or a yield of 1.39%, which is relatively small.One encouraging is […]

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.

Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet