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This $40 Gold Mining Stock Could Turn $5,000 Into a Fortune
The Motley Fool·
Barrick Mining trades at $40, down 6% this year despite strong fundamentals. The company recently resolved operational issues in Mali and Tanzania, reported 50% earnings growth in Q2, and maintains a healthy balance sheet with $5.93B in cash versus $4.62B in debt. With a 2.23% dividend yield that has grown 775% over the past decade and exposure to rising copper prices, the stock appears undervalued compared to peers at under 12x forward earnings.
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