From The Motley Fool · James Halley · · 1m
Barrick Mining Stock Could Turn $5,000 Into Fortune
Investing $5,000 in Barrick Mining stock could yield $14,045.76 after 10 years with dividends.
In brief
Investing $5,000 in Barrick Mining stock could yield $14,045.76 after 10 years with dividends. Barrick Mining stock at $40 per share could turn $5,000 into $14,045.76 after 10 years with dividends. Originally reported by The Motley Fool.
Current Stock Price
Barrick Mining trades at $37.01 per share, down 4.29% from its previous close.
Dividend History
Barrick's dividend yield is 2.55%, up 775% over the past decade with a 27.17% payout ratio.
Dividend Reinvestment
Investing $5,000 in Barrick a decade ago would now be worth $14,045.76 with dividends reinvested.
Recent Market Wins
Barrick avoided a strike in Mali and signed a 15-year licensing agreement in Tanzania.
Strong Financials
Barrick reported $1.22 billion in net earnings, up 50% year over year, with $5.93 billion in cash.
Future Growth
Barrick's copper production is rising as demand from electric vehicles and AI increases.
Here's the gist
Barrick Mining stock at $40 per share could turn $5,000 into $14,045.76 after 10 years with dividends.
