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Barrick Gold’s Valuation Multiple: Upside in 2019?

Annie Gilroy
Barrick Gold’s Valuation Multiple: Upside in 2019?

Barrick Gold after the Randgold Merger: Upside in 2019?(Continued from Prior Part)Valuation Among senior miners (GDX), Barrick Gold (GOLD) has the highest EV-to-EBITDA multiple of 8.4x—a premium of 29% to its historical multiple. The company’s