Barrick Forecasts Strong Organic Growth By 2030, CEO Bristow Touts Undervaluation
Portfolio Pulse from Stjepan Kalinic
Barrick Gold (NYSE:GOLD) projects a 30% growth in gold-equivalent ounces by 2030, driven by its existing assets and strategic expansion in gold and copper. CEO Mark Bristow highlights the company's undervaluation and strong financial position, emphasizing organic growth over M&A.
September 18, 2024 | 10:53 am
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Barrick Gold is projecting significant growth in gold-equivalent ounces by 2030, driven by its existing assets and strategic expansion in gold and copper. CEO Mark Bristow emphasizes the company's undervaluation and strong financial position, focusing on organic growth over M&A.
Barrick Gold's projection of 30% growth in gold-equivalent ounces by 2030, along with its strategic expansion in gold and copper, suggests a positive outlook for the company. CEO Bristow's emphasis on undervaluation and strong financials further supports potential stock price appreciation.
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