Barrick Mining Corp

B: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Barrick's Fair Value Increased as We Raise Our Assumed Near-Term Gold Prices

Jon Mills

Apr 15, 2026

Business Strategy and Outlook

Barrick is the one of the world’s largest gold miners 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.

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Barrick Mining Corp

Barrick's Fair Value Increased as We Raise Our Assumed Near-Term Gold Prices

Business Strategy and Outlook

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