Barrick Mining Eclipses 50-Day SMA: What Should Investors Do Now?

Key Takeaways Barrick's stock rose 6% in a week, breaking above its 50-day SMA amid rising gold prices. Key projects like Goldrush and Lumwana are progressing on time and within budget to boost long-term output. B faces higher costs and forecasts tepid 2025 gold production, with Q1 output down 19% year over year.Barrick Mining Corporation’s (B) stock broke out above its 50-day simple moving average (SMA) last Friday, flashing a bullish signal. The B stock has gained roughly 6% in a week. This comes on an ...