Hellow guys, Welcome to my website, and you are watching Barrick Gold - A STRONG BUY despite these 7 BIG RISKS. and this vIdeo is uploaded by Mining Stock Monkey at 2024-01-26T17:07:38-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Barrick Gold - A STRONG BUY despite these 7 BIG RISKS |
| Video Uploader | Video From Mining Stock Monkey |
| Upload Date | This Video Uploaded At 27-01-2024 01:07:38 |
| Video Discription | Barrick Gold (GOLD) is currently the cheapest of the major gold companies but it comes with some risks. In this video I'm going to share with you some of the reasons why Barrick is such a great buy in 2024, however I'm also going to share with you some risks that Barrick faces. Reasons to buy Barrick Gold: 1. It has the best assets of any gold miner 2. It's trading at some of it's best valuations ever 3. An incredible growth pipeline ensures significant production increases. 4. A strong balance sheet with no debt. Barrick is a cash flow machine. 5. The assets are more than replacing mined ounces each year. 6. Best management in the business. 7. Very strong margins. Risks that Barrick faces: 1. Diversified (but significant) political risk. 2. Significant exposure to copper 3. Steadily declining production over the past 16 years. 4. Missed production guidance 3 years in a row. 5. Buying first quantum will lower stock price temporarily. 6. Costs have risen a lot 7. Risks of nationalization are present. Never make any investment decisions based on my videos. This sector is very risky and this should not be considered investment advice. Always do a lot of your own research before investing your hard earned money. #gold #goldstocks #barrickgold |
| Category | News & Politics |
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