Taking Another Look At Barrick Gold After Its Slump
- Tuesday, July 9, 2013, 11:52
- Market
- Add a comment
Barrick Gold Corporation’s has seen its stock price plummet in the last month from about $21 to $14-15, a precipitous drop of nearly 25%. Year to date it’s even uglier with the shares down 60%. It’s not just Barrick Gold that’s reeling – almost all miners operating in the precious metals space are sinking in the same boat. However, as the world’s largest gold producer, Barrick gets intense scrutiny from investors as a barometer for the industry’s health.
http://www.forbes.com/sites/greatspeculations/2013/07/09/taking-another-look-at-barrick-gold-after-its-slump/