26 May 2021 09:50 ET
09:50 AM EDT, 05/26/2021 (MT Newswires) -- RBC Capital Markets on Wednesday reiterated its outperform rating on the shares of Barrick Gold (ABX.TO) after the company hosted a virtual tour of its Nevada Gold Mines site. "Barrick hosted a virtual site tour at its Nevada Gold Mines complex, a cornerstone asset and JV between Barrick (61.5% ownership; 40% of NAV) and Newmont (38.5% ownership; 20% of NAV). Management highlighted the potential for incremental upside to 2022 production targets and larger upside with upcoming year-end resources and reserves. A key upcoming milestone for NGM is an updated Goldrush feasibility study scheduled for mid-year release," the investment bank said in a note. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price: 29.95, Change: +0.31, Percent Change: +1.05 |