It probably won’t come as much of a surprise to learn that Barrick Gold (GOLD), the world’s second largest gold mining company, is enjoying a successful 2020. Gold performs particularly well during global crises, and hardly any come any bigger than the current pandemic. As a result, the precious metal has been changing hands for prices not seen since 2013. Barrick has benefited from gold’s upward trend, with the mining stock up by 40% year-to-date.CIBC analyst Anita Soni argues Barrick stock has a way to go yet. The analyst reiterated an Outperform rating, while increasing the 12-month price target from …read more
Source:: Yahoo Finance
