TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Barrick Mining ( (TSE:ABX) ) has issued an announcement.
Barrick Mining Corporation announced a change in its board leadership, with Ben van Beurden stepping down as Director and Lead Independent Director, and Loreto Silva taking over the latter role. This change is part of Barrick’s ongoing commitment to delivering long-term value for shareholders, supported by its strong leadership team and industry-leading assets.
The most recent analyst rating on (TSE:ABX) stock is a Buy with a C$48.00 price target. To see the full list of analyst forecasts on Barrick Mining stock, see the TSE:ABX Stock Forecast page.
Spark’s Take on TSE:ABX Stock
According to Spark, TipRanks’ AI Analyst, TSE:ABX is a Outperform.
Barrick Mining’s strong financial performance and positive earnings call sentiment are the most significant factors driving the score. The company’s robust profitability, efficient operations, and increased shareholder returns contribute positively. Technical analysis and valuation suggest moderate growth potential, while safety concerns and operational challenges in Mali pose risks.
To see Spark’s full report on TSE:ABX stock, click here.
More about Barrick Mining
Barrick Mining Corporation is a leading global mining, exploration, and development company, known for its extensive portfolio of world-class gold and copper assets. Operating in 18 countries across five continents, Barrick is the largest gold producer in the United States and focuses on creating long-term value for stakeholders through responsible mining and strategic growth.
Average Trading Volume: 6,308,051
Technical Sentiment Signal: Buy
Current Market Cap: C$94.38B
For a thorough assessment of ABX stock, go to TipRanks’ Stock Analysis page.