- Warren Buffett's Berkshire Hathaway recently disclosed the sale of its entire Barrick Gold position.
- However, Barrick Gold has reported strong Q4 and full-year 2020 financial results, beating revenue and earnings expectations.
- Barrick is now in a cash positive position after building its cash balance and repaying debt.
- Barrick is proposing a return-of-capital distribution to shareholders of $0.42/share, in addition to its quarterly dividend.
- Barrick is an excellent value and dividend stock, as I argue below.
For further details see:
Why Buffett Is Wrong About Barrick Gold