Streetbeat News

CGDXF

Xali Gold Corp

http://www.candentegold.com/

CEO

Joanne Freeze

Industry

Gold Ore Mining

Open

0.02

Mkt cap

3.8M

Volume

18K

High

0.03

P/E Ratio

-2.70

52-wk high

0.04

Low

0.01

Div yield

N/A

52-wk low

0.01

Barrick Gold Corp (NYSE:GOLD) is expanding its operations in Peru, targeting the Puno district amidst a surge in gold demand, with prices reaching $2,300 per ounce. The company, which has increased its gold reserves to 77 million ounces, is also focusing on projects in Nevada and globally, including strategic investments in copper. Barrick's expansion efforts come at a time when gold prices have risen by approximately 11% year-to-date, driven by geopolitical uncertainties and expectations of interest rate cuts by the Federal Reserve.

Portfolio Pulse from Stjepan Kalinic

April 05, 2024 | 2:50 pm

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