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Bullboard - Stock Discussion Forum Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican... see more

TSX:ABX - Post Discussion

Barrick Gold Corp > Disappointing
View:
Post by 50centdollars on Jun 06, 2023 1:13pm

Disappointing

Gold near all-time nominal highs, market cap barely above tangible book value, negligible net debt, and yet Barrick stock goes nowhere - down in fact.  I hope they're buying back shares aggressively at these levels, and considering an expansion of the buyback program as long as the free cash flow is there.  I think buybacks make more sense at these prices than acquisitions.
Comment by goldmanforever on Jun 07, 2023 10:06am
Just the crooked banksters manipulating like they do everything gold related  Hope they burn in hell