GOLD - What's Going On With Barrick Gold Stock? | Benzinga
Barrick Gold Corporation (NYSE:GOLD) shares are trading higher Friday, and the stock has gained more than 7% over the past five days.
What To Know:
The gold miner's stock continues to climb as the price of gold set a record high Friday at $2,330.50 per ounce.
According to Barrick's 2024 Information Circular, the company is prepared to use its operational cash flows to fund existing and new organic growth projects.
“Barrick’s footprint is being expanded and currently comprises mines, projects and exploration programs in 18 countries across four continents, covering the main prospective regions for gold and copper,” said Barrick's chairman John Thornton.
According to a report from Gestion, Barrick has submitted a request for a 400-hectare concession in Puno, Peru, where it conducted exploration ...