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Barrick Mining Stock Jumps 7% as Gold Rally Sets Up a Big May 11 Earnings Test
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Barrick Mining Stock Jumps 7% as Gold Rally Sets Up a Big May 11 Earnings Test
Barrick Mining shares surged 7.39% to $41.58 in New York Wednesday as gold prices hit a one-week high, with spot bullion up 2.8% to $4,685.23 an ounce. The rally comes days before Barrick’s May 11 first-quarter results and amid plans for an IPO of its North American assets. The S&P/TSX materials group rose 6.5%, with Newmont and Alamos Gold also gaining. The post Barrick Mining Stock Jumps 7% as Gold Rally Sets Up a Big May 11 Earnings Test appe…
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