Barrick Gold Corp GOLD

Analysts believe NEM and GOLD have higher upside potential!

[JasleenDhaka]

Highlights from the recent report:
 

• 2022 wasn't kind to Newmont and Barrick's EPS, but there's light at the end of the tunnel.

 

• Newmont's EPS exceeded expectations by 15%, while Barrick's came in 11% lower.

 

• Cash costs were up 19% YoY but in line with our analyst's estimates.

 

• Barrick anticipates a 5% production increase this year, while Newmont maintains production.

 

Discover fair value estimates for Barrick and Newmont in the complete report: https://www.researchfrc.com/senior-gold-producers-newmont-corporation-nyse-nem-barrick-gold-nyse-gold-expecting-a-pullback-prior-to-a-rally/

*FRC provides issuer-paid coverage.
*Past performance is not indicative of future results.

[tarnoir]

Thanks for the article. None of this appears to matter to the market except seemingly the price of gold. Will these miners ever get a break? Gold is such a yo-yo and IMO until it gets some traction i.e. direction higher, these miners will continue to underperform. So tired of the pundits claiming $2000 or $3000 gold when it can barely hold $1800.