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Posted by
Two Blokes Jun 17 -
Filed in
Stock
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5 views
Barrick Mining's 2024 performance disappointed, with production misses, higher costs, and the Loulo-Gounkoto mine in Mali seized by the government. Despite operational setbacks, Barrick's financial results were strong due to high gold prices, but the stock lagged peers significantly. The market is undervaluing Barrick's remaining assets, excluding Loulo-Gounkoto, presenting a potential revaluation opportunity for investors.