/biz/ - Business & Finance

Anonymous Thu Feb 25 04:33:31 2021 No.29645990 [View]
File: 235 KB, 2048x1365, 5c22fac66254f8a3bf758451321734f6.jpg [View same] [iqdb] [saucenao] [google]

Barrick Gold Corp. 12-Month Target: US$37.00

Recommendation reflects the company's strong FCF, experienced and disciplined management team, sustainable production profile, and excellent balance sheet. Based on our forecasts, we expect Barrick to generate a total of ~$8.4bln in FCF in 2020/2021; by YE-2021E, the company would have net cash of ~$2.6bln.

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