On July 22, Barrick Mining Corporation rose 3.05% in regular trading, trading at $37.46/share, with turnover of $26.59 million. The stock gained momentum alongside a broad rally in the gold sector.

On the news front, US June CPI and PPI data both came in below market expectations, significantly cooling bets on a Fed rate hike in July and supporting international gold prices at elevated levels. Meanwhile, China's central bank added approximately 15 tons of gold in June, marking its 20th consecutive month of purchases — the longest continuous accumulation streak on record — providing long-term structural support for gold prices. A World Gold Council survey further showed 89% of reserve managers expect global central bank gold holdings to continue increasing over the next 12 months.

Additionally, the company recently announced a subscription for 15,470,934 units of Kingfisher Metals Corp., expanding its exploration portfolio. Barrick is scheduled to report Q2 results on August 10, with consensus EPS expected at $0.81. Analysts maintain an overweight rating with a mean price target of $56.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)