đ Barrick Mining (NYSE:B) Rated Hold â One Better Alternative Suggested
Analysts rate Barrick Mining a Hold amid stretched rally and valuation headwinds, even as gold prices stay strong.
đ Hold Verdict: Barrick gets a Hold rating due to premium multiples and management uncertainty vs peers like Newmont.
đ Valuation Metrics: Trades at ~18x P/E and ~4.8x P/S, higher than peers despite similar dividends.
đ Growth Cues: Operating income has outpaced revenue, but future growth may slow if gold prices remain range-bound.
đĄ Gold Price Signal: A breakout above ~$4,400/oz gold could shift the outlook positively.
đ Alternative Pick: Analysts suggest Franco-Nevada (FNV) or other royalty/streaming names may offer better risk-reward thanks to diversified, higher-margin cash flows.
Expert insight: In a strong gold market, production firms like Barrick face operational and valuation constraints â while royalty/streaming plays often outperform during bullion rallies.
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