Barrick Gold: Exceptional Profitability And Attractive Valuation
GOLDBarrick(GOLD) Seeking Alpha·2024-06-04 22:24
mathieukor My thesis Gold prices continue breaking new record highs in 2024 as geopolitical uncertainties mount, and I want to capitalize on this trend. Barrick Gold (NYSE:GOLD) looks like a Strong Buy opportunity to get high-quality exposure to booming gold prices. The company is one of the largest in the world in this business and its exceptional operational efficiency became evident when I compared its profitability to the largest North American gold mining company. GOLD boasts a healthy balance shee ...