Watch These Barrick Gold Price Levels As Stock Regains Luster After Earnings Beat
GOLDBarrick(GOLD) Investopedia·2024-08-13 11:05

Key Takeaways Barrick Gold shares surged more than 9% on Monday after the Canada-based gold miner posted betterthan-expected second-quarter results, driven by buoyant gold prices and robust production. The company reported gold production of 948,000 ounces, easily surpassing estimates of 905,800 ounces, helping to eases concerns over output. The share price has broken out from a flag, a chart pattern that indicates a continuation of the current move higher. Amid further upside in Barrick Gold shares, invest ...