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Barrick Gold Stock Falls 21% in 3 Months: Should You Buy the Dip?
GOLDBarrick(GOLD) ZACKS·2025-01-07 14:06

Barrick Gold Corporation’s (GOLD) shares have lost 21.1% in the past three months, underperforming the Zacks Mining – Gold industry’s 10.9% decline.GOLD’s shares are trading roughly 27% below its 52-week high of $21.35, reached on Oct. 21, 2024. The downward spiral in GOLD’s stock partly reflects its weaker-than-expected earnings performance in the third quarter on lower gold production and higher costs despite higher realized gold prices. GOLD’s third-quarter 2024 gold production fell roughly 9% from the p ...