Newmont and Barrick Shares Increase as Gold Prices May Surge to This Level.
Written by Emily J. Thompson, Senior Investment Analyst
Source: Barron's
- Gold Miners Performance: Newmont and Barrick saw pre-market trading increases of 1.4% and 1.6%, respectively.
- Precious Metals Surge: Silver prices rose above $90 an ounce, driven by softer U.S. inflation data and escalating geopolitical tensions.
Analyst Views on ABX
About ABX
Abacus Global Management, Inc. is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The Company’s segments include Asset Management, Life Solutions and Technology Services. The Asset Management segment provides asset management services to primarily institutional investors alongside private clients investing in uncorrelated and longevity-based assets, fixed-income replacement strategies and free cash flow based investment solutions. It also provides policy servicing activities to customers on a contract basis. The Life Solutions segment is engaged in buying, selling, and trading policies, and maintaining policies until receipt of death benefits. The Technology Services segment provides real-time mortality verification, missing participant verification, and other services specific to the life insurance market services to customers on a contract basis.
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.
