Barrick Gold (abx) Stock Research
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Company Description: Barrick Gold Corporation has mine hodings in the Americas, Africa, China, and Australia. Barrick had proven and probable mineral reserves of 124.6 million ounces of gold, 6.2 billion pounds of copper, and 1,033 million ounces of contained silver within gold reserves. Nickel, platinum, and palladium combine to round out the companies interests. Update
Material Industry Research & Analysis: The materials industry includes companies whose sales originate from the mining, acquisition and sale of physical substances for manufacturing-related purposes. Material Trading Strategy: The materials industry tends to be sensitive to economic cycles. Look for undervalued material investments during economic recessions when stock prices are low and sell material investments during the late stages of a bull markets when stock prices are high. Material stocks quickly increase at the conclusion of a recession, because materials are the primary input for the industrial sector. The global economy is currently in a recession, therefore, it is the perfect time to purchase material investments. Upward sloping stock charts and financial news may indicate a selling opportunity while the opposite means that stocks are becoming undervalued.
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Market Challenges: Opportunities: Solutions:
A culture that experiments produces better long term value. Barrick Gold's experimentations yield new products and services that outpace competitive threats.
Strategy: Barrick Gold has a narrow focus that serves a particular customer niche with either a unique product or with a low cost advantage over competitors. (read more). Competitive Advantages:
Complicated financial statements lower Barrick Gold's value, because it increases the risk of fraud and lowers investor confidence.
Current Revenue Sources: Future Revenue Sources: