Randgold Resources Ltd

GOLD

Market cap $147B

Gold recently broke historical records, exceeding $3,900 per ounce, and silver later followed suit, reaching a maximum of $48 per troy ounce. At first glance, it may seem that this is a signal for investors to urgently increase the share of precious metals in their portfolios in order to profit from the growth.

Barrick Mining's multiple strategies can set the company up for strong multiple-year long-term growth. Barrick Mining is positioned for above-average double-digit revenue and earnings growth, supporting a bullish outlook. Barrick's business has a wide geographic footprint with operations in multiple regions throughout the world.

Barrick Mining remains undervalued with a strong earnings outlook, supported by robust gold and copper prices and improved profitability trends. Recent quarterly results showed top-line growth, high free cash flow, and reaffirmed production guidance, with significant EPS upgrades from analysts. Technical indicators are bullish, with shares near multi-year highs and a breakout in momentum potentially triggering further upside to $29.

Barrick trades at a significant discount to peers despite superior margins, growth, and operational resilience, making its current valuation unjustified. My scenario analysis shows strong upside potential, with target prices ranging from $21.6 to $36 depending on metal prices and market sentiment. Barrick boasts elite profitability, low leverage, and prudent capital allocation, offering both growth and downside protection for medium- to long-term investors.

Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) is being mispriced by the market, according to Jefferies analysts, who see the miner as its contrarian top pick in the gold sector. “Investor sentiment on Barrick can only be described as negative,” the analysts wrote.

Barrick Mining Corp (NYSE: B) is not the kind of stock one would anticipate to double in value overnight. It is an established, large-cap gold mining company with worldwide operations and a relatively stable management.

Mark Bristow, CEO of Barrick Mining Corp, reiterated the copper miners' bullish outlook on the metal's future in Zambia, where the company is expanding operations, according to a Reuters report.  This optimistic view persists despite anticipated short-term price volatility due to a looming 50% US tariff.

Bill Baruch, founder and president at Blue Line Capital, joins CNBC's “Halftime Report” to detail the new portfolio his firm just launched focused on mining and precious metals.

Barrick Mining Corporation presents a compelling investment thesis based on strong fundamentals and growth prospects. An easy money environment and tax cut should push up gold price. Geopolitical uncertainties around the world will also positively contribute to gold prices.

Barrick Mining is a strong buy, offering robust growth, profitability, and a compressed valuation amid global uncertainty and rising gold/copper demand. Q1 2025 results highlight 14% revenue growth, 84% adjusted earnings jump, and strong cash flow, supporting continued investment and shareholder returns. Barrick's disciplined, organic growth strategy, global Tier One assets, and dual focus on gold and copper position it for the energy transition and commodity cycle.