Barrick Mining Corp Achieves 73% Rating in Deep Value Strategy
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2h ago
0mins
Source: NASDAQ.COM
- Deep Value Model Performance: Barrick Mining Corp achieves a 73% rating based on Tobias Carlisle's Acquirer's Multiple investment model among 22 strategies, indicating its attractive fundamentals and valuation, suggesting it could be a potential takeover target.
- Industry Position: As a large-cap growth stock in the Gold & Silver industry, a rating above 80% typically indicates market interest, and the 73% score reflects a degree of investment potential.
- Investor Attention: The model emphasizes the search for undervalued stocks, and Barrick's performance aligns with this standard, potentially attracting more value investors and driving up its stock price.
- Strategic Implications: Tobias Carlisle's deep value investment philosophy highlights the focus on potential acquisition targets, and Barrick's high rating may lead to increased opportunities in the M&A market.
GOLD
$34.59+Infinity%1D
Analyst Views on GOLD
Wall Street analysts forecast GOLD stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for GOLD is 24.76 USD with a low forecast of 21.76 USD and a high forecast of 31.20 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
13 Analyst Rating
10 Buy
3 Hold
0 Sell
Strong Buy
Current: 34.790
Low
21.76
Averages
24.76
High
31.20
Current: 34.790
Low
21.76
Averages
24.76
High
31.20
About GOLD
Gold.com, Inc., formerly A-Mark Precious Metals, Inc., provides fully integrated alternative assets platform. It offers a range of precious metals, numismatic coins, and collectibles to consumers, collectors, and institutional clients. Its flagship brands include JMBullion.com, Stack’s Bowers Galleries, GovMint.com, and Goldline. Its Direct-to-Consumer segment provides access to a multitude of products through its subsidiaries. Its Wholesale and Trading segment distributes and purchases precious metal products from sovereign and private mints through its subsidiaries. Its Logistics and Storage segment supports its Direct-to-Consumer brands as well as wholesale clients through precious metals receiving, storage, and delivery. It also provides collateralized lending across the bullion and numismatic markets. It unites retail brands with minting, logistics, trading, lending, and auction services for precious metals, rare coins and currency, and other collectibles.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
