Barrick Mining Corp
ABX: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| pL | LOCK|c% | LOCK|g$Z?>w |
Interim CEO Mark Hill Quickly Makes His Mark
Business Strategy and Outlook
Barrick is the world’s second-largest gold miner by production, operating mines in the Americas, Africa, the Middle East, and Asia. Its large portfolio is a result of the 2019 acquisition of Randgold and the combination of its crown jewel Nevada assets with Newmont in a joint venture called Nevada Gold Mines that same year. Barrick is the operator and owner of 61.5% of the partnership.
