BofA raised the firm’s price target on Barrick Mining (B) to $34 from $29 and keeps a Neutral rating on the shares. The ongoing recapitalization of Nevada Gold Mines, which began in 2021 and remains on-track to wrap-up in 2027, is delivering improvements, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on B:
- Barrick Mining price target raised to $32 from $30 at Raymond James
- Barrick’s Fourmile Project: A Century-Defining Gold Discovery
- Wheaton Precious Metals price target raised to $114 from $112 at Raymond James
- Barrick Mining price target raised to $30 from $28.50 at Raymond James
- Barrick Mining: Hold Rating Amid Asset Disposals and Capital Expenditure Plans