GOLD - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
+0.28 (+1.52%)
At close: 4:04PM EST
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Previous Close18.43
Bid0.00 x 3000
Ask0.00 x 1800
Day's Range18.35 - 18.75
52 Week Range11.65 - 20.07
Avg. Volume10,887,542
Market Cap33.284B
Beta (5Y Monthly)0.06
PE Ratio (TTM)21.71
EPS (TTM)0.86
Earnings DateN/A
Forward Dividend & Yield0.20 (1.09%)
Ex-Dividend DateNov 28, 2019
1y Target Est20.76
  • Power warns of implications in going to war with Iran
    Yahoo Finance Video

    Power warns of implications in going to war with Iran

    Former United States Ambassador to the United Nations Samantha Power weighs in on foreign policy and Iran.

  • GlobeNewswire

    Barrick Back in Business in Tanzania

    Barrick Gold Corporation (GOLD) (ABX.TO) says it has made significant progress in reshaping the Tanzanian operations it consolidated through the take-over of Acacia Mining in September last year in order to create a sustainable business capable of long-term value creation for its stakeholders. At a signing ceremony with the President of the United Republic of Tanzania, Dr John Pombe Magufuli, to formalize the establishment of a joint venture between Barrick and the government, Bristow said the joint venture, which will give the government full visibility of and participation in operating decisions made for and by the North Mara, Bulyanhulu and Buzwagi mines, was a pioneering move which would take Barrick’s policy of partnership with its host countries to a new level.

  • Barrick Gold's 'long safari' ends with Tanzania deal

    Barrick Gold's 'long safari' ends with Tanzania deal

    Canada's Barrick Gold Corp signed a deal with Tanzania on Friday in which the government will take stakes in three gold mines, ending a long-running tax dispute and setting a template for negotiations with other firms. It was signed by Barrick CEO Mark Bristow and Tanzanian minerals minister Doto Biteko at a ceremony in the commercial capital, Dar es Salaam. "Many people said your criticism will chase away investors ... what it's done is challenge the mining industry and all of us to embark on something where we win together or lose together," Bristow said to applause.

  • Reuters

    Tanzania, Canada's Barrick Gold to sign agreement -Tanzania presidency

    Tanzania said on Friday the government was due to sign an agreement with Canadian miner Barrick Gold, which could end a long-running tax dispute between the miner and authorities in the East African country.


    Barron’s Beat the Stock Market Last Year. Here’s How We Did It.

    Timely calls on gold miners and robotics stocks, and skeptical takes on ride-hailing apps and fake meat, helped Barron’s writers beat the market in 2019. Stocks that were the subject of bullish articles returned 14.1%, on average, through the end of the year, against a 12.7% gain for the benchmarks. It was the first year since 2016 that our bullish picks outpaced their benchmarks.

  • Barrick Gold (GOLD) Stock Sinks As Market Gains: What You Should Know

    Barrick Gold (GOLD) Stock Sinks As Market Gains: What You Should Know

    In the latest trading session, Barrick Gold (GOLD) closed at $17.95, marking a -0.77% move from the previous day.

  • Reuters

    Mali's new mining code sets "stability period" at 20 years

    Under a new mining code, companies operating in Mali will be protected from fiscal changes for 20 years, down from the previous "stability period" of 30 years, the mines minister said late on Thursday. Mali had previously proposed a 10-year stability period. "We have to consider that the research phase can take at least seven, eight or nine years," said Mines Minister Lelenta Hawa Baba Bah.

  • Barrick (GOLD) Releases Preliminary Results for Q4 and FY19

    Barrick (GOLD) Releases Preliminary Results for Q4 and FY19

    Barrick's (GOLD) Q4 results benefit from the strong performance of the Nevada Gold Mines.

  • Reuters

    FOCUS-Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

    Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20-year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea (PNG) landowners and residents. Critics say the Porgera mine has polluted the water supply and created other environmental and social problems, with minimal economic returns for locals.

  • Gold’s Rally Helps Miners Delay the Inevitable

    Gold’s Rally Helps Miners Delay the Inevitable

    (Bloomberg Opinion) -- Peak gold production is looking a little more distant. Global supply of the yellow metal has been inexorably approaching its high-water mark, as ore is extracted faster than new discoveries are made. Mines have been aging fast. A sustained price rally can change that picture, as investors rekindle their enthusiasm for large-scale exploration and technological innovation. Bullion miners’ margins will benefit.Gold is coming out of a long period in the investor wilderness. Last year marked the biggest annual gain in prices since 2010. It broke through $1,570 last week — the highest in almost seven years. Gold prices are driven by factors that aren’t always predictable, but there’s certainly scope to go higher, with interest rates low and geopolitical tensions simmering. Holdings of gold in exchange-traded funds, popular with retail investors, are near 2012’s lofty levels. Central banks remain buyers too.This isn’t a repeat of 2011, when gold cracked a gravity-defying $1,900 per ounce — at least, not yet. The all-time high remains some way off, despite a handful of analysts already pointing to $2,000 gold. But the impact of higher prices is already trickling down. All-in sustaining cash costs remained at around $934 per ounce for the largest producers in the third quarter of 2019, according to Bloomberg estimates. The industry measure, though rising, makes for healthy margins. Barrick Gold Corp., for example, reported third-quarter free cash flow of $502 million, compared to $55 million in the previous three months.Last year’s flurry of M&A speaks to that exuberance: from Barrick Gold’s merger with Randgold Resources Ltd., completed that January, to Goldcorp Inc.’s union with Newmont Corp., plus a string of opportunistic offers among smaller companies, and imaginative deals like Barrick’s Nevada joint venture with Newmont. Overall, 2019 marked a return to levels last seen during the boom.There’s more to come, especially among smaller players. Diverging levels of bullishness, after years of homogenous forecasts, will create opportunities for miners to expand portfolios.But the deal spike tells a supply story too, and those numbers are grim even after miners pair up, with reserves down steadily for much of the past decade. The average life of a gold mine shrank to 11 years by 2018 from 16 in 2012, according to consulting company Wood Mackenzie Ltd. Back in 2015, as prices fell toward $1,000 an ounce, the World Gold Council warned that the industry was nearing “peak gold,” after which output would begin to decline. That’s still a threat.Tie-ups are no panacea. The trouble is there’s no short-term link between gold prices and supply. Sure, marginal projects become viable, but that’s a transient boost. Also, the lag effect means mines commissioned in boom years will still take years to come into production. Meanwhile, the scars of the 2011 excesses will make miners reluctant to change their assumptions for the long-term gold price, which are largely still at or below $1,300.The good news is that this works both ways. Higher supply, through exploration or innovation, also won’t depress prices.That should increase enthusiasm for exploration. Budgets have shrunk and success rates have been decreasing, even if gold continues to command the lion’s share of the mining sector’s exploration outlays. So far, spending has increased largely on existing projects rather than new finds. Splashy budgets don’t guarantee success, but the supply numbers will have to rise. There are already signs of long-awaited projects accelerating, such as Polyus PJSC’s Sukhoi Log in Siberia. Then there is investment in technology. This isn’t only to automate and electrify fleets, but to upgrade exploration and processing techniques. For gold, processing improvements could make even complex, refractory ore — resistant to more common extraction methods — attractive. Barclays Plc estimated in December that innovation could add 10% of incremental supply growth through 2025. Cost per ounce may come down 4%. That’s a target worth aiming for. To contact the author of this story: Clara Ferreira Marques at cferreirama@bloomberg.netTo contact the editor responsible for this story: Matthew Brooker at mbrooker1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Clara Ferreira Marques is a Bloomberg Opinion columnist covering commodities and environmental, social and governance issues. Previously, she was an associate editor for Reuters Breakingviews, and editor and correspondent for Reuters in Singapore, India, the U.K., Italy and Russia.For more articles like this, please visit us at now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Reuters

    Barrick sees gold output above estimates on Nevada boost

    The company said it expects the joint venture - the world's biggest gold complex - to produce 585 million ounces of gold for the three months ended Dec. 31. Total preliminary gold production rose 14% to 1.44 million ounces from a year earlier, while analysts were expecting 1.40 million ounces of gold, according to Refinitiv IBES data. Nevada Gold Mines was formed last year after Barrick pulled its $18 billion hostile bid for Newmont Corp, the world's largest gold producer, and combined assets with the rival.

  • GlobeNewswire

    Preliminary Full Year and Fourth Quarter Results Show 2019 Gold Production at Upper End and Copper Production Above Guidance Ranges

    The average market price for gold in the fourth quarter was $1,481 per ounce, while the average market price for copper in the fourth quarter was $2.67 per pound. Preliminary fourth quarter gold sales and production were higher than third quarter levels as a result of a strong fourth quarter performance from Nevada Gold Mines, in particular at Turquoise Ridge, as well as Pueblo Viejo and Veladero.

  • Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

    Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

    Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining . With a 20-year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea (PNG) landowners and residents. Critics say the Porgera mine has polluted the water supply and created other environmental and social problems, with minimal economic returns for locals.

  • Reuters

    CORRECTED-FOCUS-Barrick Gold forges ahead on Papua New Guinea mine in face of local backlash

    Barrick Gold Corp is set to elevate its troubled Papua New Guinea mine to its top-tier assets, despite landowner and government demands to cede a larger stake and deteriorating security at the joint venture with China's Zijin Mining. With a 20-year lease renewal application in the balance, Barrick has faced backlash from Papua New Guinea (PNG) landowners and residents. Critics say the Porgera mine has polluted the water supply and created other environmental and social problems, with minimal economic returns for locals.

  • NGD vs. GOLD: Which Stock Should Value Investors Buy Now?

    NGD vs. GOLD: Which Stock Should Value Investors Buy Now?

    NGD vs. GOLD: Which Stock Is the Better Value Option?

  • GlobeNewswire

    Barrick Announcement of: Preliminary Q4 2019 production results on January 16, 2020 and Q4 2019 results on February 12, 2020

    TORONTO, Jan. 09, 2020 -- Barrick will release its fourth quarter and year end results to end December 2019 on Wednesday, February 12, 2020.  President and CEO Mark Bristow.

  • Gold could hit $3,000 by 2025: expert
    Yahoo Finance

    Gold could hit $3,000 by 2025: expert

    Gold prices pulled back after hitting $1,600 for the first time in seven years. But one strategist says it's only getting started.

  • [video]Two Gold Mining Names for a Wartime Portfolio

    [video]Two Gold Mining Names for a Wartime Portfolio

    If tensions between the U.S. and Iran escalate into a full-blown conflict, what should investors be buying? Jim Cramer laid out a wartime portfolio during Monday night's Mad Money program so investors can be prepared. The first thing investors must have is cash, Cramer said, and lots of it.


    Jim Cramer: Here's My 'Threat of War' Portfolio

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  • 7 Stocks to Buy for January and Beyond

    7 Stocks to Buy for January and Beyond

    With 2019 drawing to a close, investors should carefully plot out their stocks to buy for January. For one thing, the holiday season typically provides folks with extra time to digest the events of the outgoing year and to strategize for the upcoming one. Given the many market drivers that we saw over the trailing 12 months, at least a few will carry over into 2020.Second, a phenomenon known as the "January Effect" may help bolster the case for compelling stocks to buy. This is a dynamic where the prior year's laggards find substantial positive momentum. One explanation is that fund managers sell out of their winners and shift the capital gains to presumably undervalued plays for favorable tax coverage. With a little bit of luck, this approach can set up your portfolio for tremendous success later in 2020.Third, if you previously haven't strategized for stocks to buy for January, this year may be the best time to do it. That's because 2020 is poised to become one the most eventful in recent memory. Obviously, the upcoming presidential election in November is a vital one for the country and our place in the world. And if we get a new president, it will surely reshape the present economy for better or for worse.InvestorPlace - Stock Market News, Stock Advice & Trading TipsFurthermore, we have several exciting industrial and technological developments that will continue to grow. This isn't just about speculating on 2020's winners; instead, many investments have long-reaching implications. * 10 Best Stocks to Beat the Market in 2020 With that, here are seven stocks to buy for January. Stocks to Buy for January: AT&T (T)Source: Shutterstock Typically known as a boring investment more geared toward retirement portfolios, AT&T (NYSE:T) made a strong case for being one of the stocks to buy for January. On a year-to-date basis, T stock has jumped a remarkable 36%. At least, that's remarkable for a giant lumbering telecom firm.But recently, MoffettNathanson's Craig Moffett took issue with T stock, labeling AT&T's TV division as a "cancer." That's an awfully strong word, but I can appreciate the sentiment behind Moffett's criticism. Typically, you shouldn't trust value created by an expensive acquisition. Furthermore, the streaming revolution makes AT&T's TimeWarner deal a worrying bet.However, I argued that streaming, too, has its challenges. More importantly, AT&T is currently one of few companies that has the capacity to rollout 5G competently. This transformative technology will shape the course of society, as it has myriad applications beyond just telecom. Therefore, I'm still liking T stock despite its flaws. Sociedad Quimica y Minera de Chile (SQM)Source: Shutterstock With so much emphasis on technology and the digitalization of everything, a mining firm like Sociedad Quimica y Minera de Chile (NYSE:SQM) may seem anachronistic. However, SQM stock could be one of the most important stocks to buy. And I'm not just talking about January but for many years to come.According to the company's website, SQM stock represents exposure to the world's largest, low-cost producer of lithium. As you know, lithium is a core element that's used in electric vehicles such as those made by Tesla (NASDAQ:TSLA) or Nio (NYSE:NIO).Admittedly, I'm not a big fan of these two names. However, we're seeing a dramatic push for green initiatives. Due to their clean footprint, EVs have generated considerable interest, especially among environmentalists. That alone could help lift SQM stock in the near to intermediate term.Plus, SQM stock was battered badly in 2019. However, shares appear to have formed a bottom. Therefore, SQM entices as one of the stocks to buy for January. Barrick Gold (GOLD)Source: Piotr Swat / For several years following the precious metals' rally in 2011, both the sector and related mining firms like Barrick Gold (NYSE:GOLD) have tantalized investors. Just a few years removed from the 2008 financial crisis, the economic and market recovery lacked credibility. Therefore, the case for gold made sense. However, the record-breaking performance of equities squashed that thesis, invariably hurting GOLD stock.But the upcoming new year and new decade may help change the long-term trajectory of GOLD stock. For one thing, the economic recovery -- though impressive -- still has vulnerabilities. The biggest example is the U.S.-China trade war. What experts initially thought was a quick war of words escalated into a nearly two-year conflict. Because tensions still remain, the fear trade is potentially viable.Furthermore, the U.S. government's fiscal picture is a mess. At time of writing, our national debt is over $23 trillion. Also, economists predict that by 2020, the federal budget deficit will balloon to $1 trillion. Am I suggesting building a bunker to protect against a societal meltdown? Far from it! But the ugliness augurs well for gold and GOLD stock. Lockheed Martin (LMT)Source: Ken Wolter / In what has got to be the most significantly bizarre geopolitical event ever, President Donald Trump met with North Korean dictator Kim Jong Un in 2018. This was the first time a sitting U.S. President met face-to-face with North Korea's supreme leader. Despite this diplomatic "breakthrough," I still supported the idea of buying Lockheed Martin (NYSE:LMT) and LMT stock.Why? North Korea has never come across as a reliable international partner. Furthermore, the Asia-Pacific region is a hotbed of potential military and economic conflict. Not only do we have an assertive China in the region, Russia is also rearing its ugly head. Thus, LMT stock in many ways represents the muscle that our government flexes.In addition, Trump's much-hyped diplomatic victory isn't panning out the way he originally hoped. In fact, military and intelligence officials are concerned that North Korea may launch more intercontinental ballistic missiles. It looks like we're going to have another year of stare downs and fierce rhetoric. Therefore, put LMT stock on your list of stocks to buy for January (and beyond). Cyberark Software (CYBR)Source: photobyphm / If you're looking for no-brainer stocks to buy for January, the cybersecurity industry offers multiple compelling names. Thanks to digitalization trends, virtually all of our devices are now connected to the internet. But because of this unprecedented connectivity, bad actors have sought to advantage this situation. That's one of the main reasons why Cyberark Software (NASDAQ:CYBR) stock moved significantly higher in 2019.However, I believe CYBR stock has more room to run in 2020 and beyond as the scope of cyberattacks become more prominent and painful. Experts in the field estimate that by next year, "the average cost of a data breach will exceed $150 million." Globally, we could see cyberattacks cause fiscal damage that runs into the multiple trillions.That's not all. As I mentioned above with AT&T, the 5G rollout is among the most significant technological developments. But new tech also means new risks. Combined with the Internet of Things, hackers have ample opportunities for nefarious purposes. Thus, I really like CYBR stock and its ilk for their almost guaranteed relevancy. Mylan (MYL)Source: sylv1rob1 / As a generics drug specialist, Mylan (NASDAQ:MYL) offers a critical bridge between patients and their therapies. That's because brand name drugs are often exorbitantly expensive, especially for difficult-to-treat conditions or for rare diseases. Historically, MYL stock skyrocketed to incredible heights thanks to their effective but cheaper copycat products.But now, legislative committees are eyeballing the generics industry, and not in a good way. Over the last few years, U.S. lawmakers probed Mylan, along with Teva Pharmaceuticals (NYSE:TEVA) and privately held Heritage Pharmaceuticals for price fixing. Subsequent investigations reveal a seemingly carefully controlled system of anticompetitive agreements and price gouging.While the controversy has arguably impacted Teva Pharmaceuticals the most, MYL stock also took a beating. Optically, this looks like an assault against desperately dependent patients. Clearly, Mylan has a serious public relations battle to overcome.Although MYL stock is not the most popular investment right now, it may turn out to be one of the more profitable. First, shares have never really recovered its implosion in May 2019. Second and cynically, we need Mylan and companies like it. Otherwise, patients will not stand a chance of getting relatively reasonably priced drugs and treatments. Cronos Group (CRON)Source: Shutterstock There's really no way around it: the legal cannabis sector was one of the ugliest and most disappointing market segments of 2019. Even well-backed names like Cronos Group (NASDAQ:CRON) couldn't escape from the bloodshed. What was once a promising start for CRON stock quickly devolved into a nightmare. Understandably, most folks want to avoid marijuana-related companies like the plague.However, if you can stomach the turbulence that will surely impact this market, Cronos may be one of the more interesting contrarian picks for stocks to buy for January. First, publicly traded cannabis companies have likely hit every branch of the ugly tree. As such, speculators may be more willing to gamble on CRON stock.Second, the world is generally moving toward cannabis tolerance, if not outright acceptance. Legalization will be a huge issue in the upcoming 2020 election. Further, CNBC reported growing botanical momentum in Asia, which is traditionally a conservative region.I get that investors shouldn't dismiss the vulnerabilities in names like CRON stock. At the same time, the fundamental picture in legal marijuana is also incredibly robust.As of this writing, Josh Enomoto is long T stock and gold bullion. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Losers That Will Be 2020 Winners * 7 Safe Dividend Stocks for Investors to Buy Right Now * 5 Artificial Intelligence Stocks to Consider The post 7 Stocks to Buy for January and Beyond appeared first on InvestorPlace.

  • The Gold Bugs Are Back to Ring in 2020

    The Gold Bugs Are Back to Ring in 2020

    As 2019 ends, with uncertainty rising but stock prices at record highs, the gold bugs have come out to play.Source: Shutterstock Gold itself was due to end the year at $1,521 per ounce, close to its September high of $1,550. Mining stocks are also on the rise, with Barrick Gold (NYSE:GOLD) opening Dec. 31 at $18.41 per share, just $1 short of its August high of $19.38.There are also predictions for a great 2020. "Watch gold," says Blackstone Group Vice Chairman Byron Wien. Investors in 2019 were much better off watching Blackstone (NYSE:BX), whose stock was up 87% on the year, against GOLD's 37% gain. The precious metal itself is ending the year on a three-month high.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe question to end your year is, is now the time to buy gold? The Bulls RoarGold bugs do best when inflation is roaring. It's considered a "safe haven" against rising prices. * 7 'A'-Rated Stocks to Buy Under $10 That's what Kristina Hooper, chief investment strategist at Invesco is expecting in 2020. Rising commodity prices could push gold up 10% in the coming year, she says.There are technical factors underpinning a bull market for gold, according to Clive Maund at Streetwise Report. He believes central bankers are debasing their currencies to support debt. That's also the argument of Fawad Razaqzada at City Index, who sees gold at $2,000 by the end of next year. Real bond yields are falling, he argues, and any correction in equity prices is bound to be bullish for gold.Over at FX Empire, Christopher Lewis is expecting gold to "grind" upward, advising that you buy on dips. The holidays mean weak volume, making now a good time to buy. The Bear CaseNot everyone at FX Empire sees a bull run coming. James Hyerczyk thinks the rally may be overextended. If gold didn't jump on demonstrators getting into the U.S. embassy at Baghdad, it's hard to say what will bring about such a spike.Besides, inflation isn't the problem for the economy right now. Deflation is. Technology has been driving costs down for decades, letting solar panels substitute for oil, while oil itself becomes easier to find. Technology is also pushing down labor costs, as any freelance writer or Uber (NYSE:UBER) driver will tell you.Gold had its heyday in the late 1970s, jumping from $135 per ounce in late 1976 to a peak of $668 in January 1980, a gain of over 400%. A second peak occurred in the wake of the 2008 financial crisis, when the price per ounce doubled to over $1,765.The problem is that, in both cases, the highs were short-lived. Gold was cut in half by 1982 as inflation abated under the prodding of Paul Volcker's Federal Reserve. Rising stock prices cut gold to as little as $1,054 per ounce by late 2015. The Bottom LineGold has some industrial uses, but it's mainly a hedge against disaster. Even the most bullish gold bugs, like Leagold chairman Frank Giustra, are recommending only 20% of assets be in the metal.Given the last decade's huge gains in stocks, and the growing need of baby boomers for retirement income, conservatism is called for. But if a disaster happens and you must get out quick, are you better off holding gold or Bitcoin?All your holdings are magnetic ink. That's the harsh reality of our time. Even your holdings in gold are likely to be electronic in nature, a call on a distant vault.Protection of asset values is going to be the name of the game for aging populations, but gold is just one way to do that.Dana Blankenhorn is a financial and technology journalist. He is the author of the historical mystery romance The Reluctant Detective Travels in Time, available now at the Amazon Kindle store. Write him at or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this story. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 'A'-Rated Stocks to Buy Under $10 * 7 High-Yield Dividend Stocks for Growth and Income in the 2020s * 7 Tech Stocks to Buy As the Trade War Ends The post The Gold Bugs Are Back to Ring in 2020 appeared first on InvestorPlace.

  • 4 Gold Stocks to Buy as the Yellow Metal Surges

    4 Gold Stocks to Buy as the Yellow Metal Surges

    Gold is waking up into year-end. So are gold stocks. Today we'll share four ways to bank on the yellow metal's resurgence.With stocks booming in the fourth quarter, demand for precious metals has ebbed. The logic makes sense. When the risk-on switch flipped, the pull of equities and higher profit-giving assets outweighed that of metals. The potent combination of a trade war resolution and bullish seasonality provided all the excuse needed to jam stocks higher into year-end.But here's the curious thing: Gold and gold stocks are seeing massive inflows too. Shares of the world's top gold miners are breaching resistance are returning to uptrending status. We've scoured the industry and found four of the best stocks to buy if you think gold's new bull market has legs.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Best Stocks to Beat the Market in 2020 Take a look. Barrick Gold (GOLD)Source: The thinkorswim® platform from TD Ameritrade Barrick Gold (NYSE:GOLD) shares rally ahead came just in time for Christmas. The jump completed a multi-month rounded bottom pattern and signaled its intermediate-term uptrend is back on track. GOLD stock is now perched above a rising 20-day, 50-day, and 200-day moving average.The next two upside targets are resistance zones at $19 and $20.Ever since its mid-November earnings report, volume patterns have weighed heavily in favor of bulls with accumulation days multiplying and distribution days all but disappearing.Implied volatility is low at the 13th percentile of its one-year range. This suggests long premium plays are a smart move.The Trade: Buy the February $18/$21 bull call spread for 90 cents. Newmont Mining (NEM)Source: The thinkorswim® platform from TD Ameritrade This week's breakout pushed Newmont Mining (NYSE:NEM) shares to a three-year high. Blasting above a resistance zone that has kept a lid on price advances for years is a big deal and underscores just how powerful the demand for gold stocks has become.NEM stock is rallying above a rising 20-day, 50-day, and 200-day moving average. The momentum increase during this week's advance suggests any weakness that crops up in the near-term is a buying opportunity.Newmont shares have become overbought in the short run, so it wouldn't surprise me if some consolidation is in order. Wait for a down day or two, then deploy bull trades. * 7 Top-Tier Dividend Stocks for 2020 The Trade: Buy the February $42/$45 after a pullback emerges. Franco-Nevada (FNV)Source: The thinkorswim® platform from TD Ameritrade While its predecessors are flirting with multi-month and multi-year highs, Franco-Nevada (NYSE:FNV) just broke out to an all-time high. The past four-month consolidation pattern took on the form of a cup-and-handle with resistance at the psychologically significant $100 level.Tuesday's rally finally eclipsed the pivotal zone, and this morning's jump signals follow-through. Unfortunately, the strength is fading fast at the time of this writing, so a re-test of $100 over the coming days could be in store. As long as we don't fall back below the 20-day moving average near $98.50, the breakout is still worth betting one.The lower implied volatility favors long calls or call spreads.The Trade: Buy the February $100/$105 bull call spread for around $2.50. Wheaton Precious Metals (WPM)Source: The thinkorswim® platform from TD Ameritrade Wheaton Precious Metals (NYSE:WPM) had one of the clearest breakout setups heading into this week. For months, $28.50 had been an area where rallies went to die. Until this week.Monday and Tuesday scored huge upside that finally felled resistance. This morning's strength is adding to the gains with a push toward the 52-week high of $30.90.The momentum surge is reflected by the 20-day moving average distancing itself from the 50-day. While some backing-and-filling could be in order following three outsized up days, weakness was born to be bought.Once again, implied volatility is depressed favoring long premium plays.The Trade: Buy the February $30/$32 bull call spread for around 72 cents.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. For a free trial to the best trading community on the planet and Tyler's current home, click here! More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 2019 Losers That Will Be 2020 Winners * 7 Safe Dividend Stocks for Investors to Buy Right Now * 5 Artificial Intelligence Stocks to Consider The post 4 Gold Stocks to Buy as the Yellow Metal Surges appeared first on InvestorPlace.