Barrick Gold ( (TSE:ABX) ) just unveiled an announcement.
Barrick Mining Corporation announced a name change from Barrick Gold to Barrick Mining Corporation, effective May 9, 2025, following shareholder approval. The company’s shares will trade under the new ticker symbol ‘B’ on the New York Stock Exchange, while retaining ‘ABX’ on the Toronto Stock Exchange. Additionally, the election of directors was confirmed, with all nominees successfully elected, signaling stability and continuity in leadership.
Spark’s Take on TSE:ABX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ABX is a Neutral.
Barrick Gold’s strong financial performance and strategic project management position it well within the gold industry. The company’s effective cash flow management and revenue growth are significant strengths. While technical indicators and valuation metrics suggest stability, challenges in Mali and safety incidents require attention. Overall, the stock is attractive given its growth potential and operational strengths.
To see Spark’s full report on TSE:ABX stock, click here.
More about Barrick Gold
Barrick Mining Corporation operates in the mining industry, focusing primarily on the extraction and production of gold. The company is a significant player in the global mining market, with operations spanning various regions.
Average Trading Volume: 3,927,559
Technical Sentiment Signal: Buy
Current Market Cap: C$43.72B
For detailed information about ABX stock, go to TipRanks’ Stock Analysis page.