Barrick Gold Stock Outperforms Broader Market on Expected Strong Earnings Growth
• Barrick Gold (GOLD) stock price exceeded market returns, up 0.78% vs S&P 500's 0.74% gain • GOLD outpaced gains in Basic Materials sector (3.54%) and S&P 500 (0.8%) over past month • GOLD expected to post strong 42.86% EPS growth and 10.94% revenue growth in upcoming earnings • GOLD has Zacks Rank #3 (Hold) and trades at discount to industry average Forward P/E ratio • Gold mining industry ranked in top 37% of Zacks Industries, suggesting potential for further gains