On Wednesday, Barrick Mining stock cleared an important performance benchmark, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 76 the day before.
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This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History reveals that the best-performing stocks often have an RS Rating of at least 80 as they launch their biggest runs.
Is Barrick Mining Stock A Buy?
Barrick Mining stock is trying to complete a cup without handle with a 21.11 buy point. See if the stock can clear the breakout price in heavy volume.
While revenue growth fell last quarter from 19% to 14%, earnings-per-share grew 84%, up from 70% in the prior report.
Barrick Mining stock holds the No. 20 rank among its peers in the Mining-Gold/Silver/Gems industry group. Agnico-Eagle Mines, Alamos Gold and AngloGold Ashanti are among the top 5 highly rated stocks within the group.
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