Barrick Gold announces annual and special shareholder meeting

Barrick Gold Corporation (NYSE:GOLD), one of the leading gold and silver mining companies with a market capitalization of $30.45 billion, has announced its upcoming annual and special meeting of shareholders. The meeting is scheduled to take place in April 2025, as per a recent filing with the Securities and Exchange Commission. According to InvestingPro, the company maintains an impressive track record of 39 consecutive years of dividend payments.

The announcement was made through a Form 6-K, which is used by foreign private issuers to report to the SEC. In the document, dated today, Barrick Gold outlined that the meeting would include discussions pertinent to the company’s operations and future. The timing is particularly interesting as the company has demonstrated strong performance with a 25.74% year-to-date return and currently appears undervalued according to InvestingPro’s Fair Value analysis.

The information circular related to the meeting, dated March 28, 2025, has been incorporated by reference into Barrick’s Registration Statements on various forms including Form F-3 and Form F-10. This incorporation ensures that the details provided in the circular will be considered part of these documents, which are used for registering securities for U.S. public offerings.

The SEC filing specifies that the meeting will be held at the company’s principal executive offices, which are located in Toronto, Ontario, Canada, with an additional address provided in Salt Lake City, Utah. Shareholders are expected to receive a notice of the meeting, which will detail the agenda and the matters to be voted upon.

Joseph Heckendorn, Vice-President, Corporate Secretary, and Associate General Counsel for Barrick Gold, signed the report, affirming the company’s compliance with SEC regulations and the accuracy of the information provided.

Investors and stakeholders of Barrick Gold can look forward to receiving comprehensive insights into the company’s performance and strategic direction during the annual and special meeting. The notice and information circular are key documents that will provide shareholders with the necessary information to make informed decisions regarding their investments in the company. With an overall financial health score rated as "GREAT" by InvestingPro, which offers detailed analysis and 10 additional key insights about Barrick Gold in its comprehensive Pro Research Report, investors have strong foundations for their investment decisions.

This report is based on a press release statement and provides a factual account of Barrick Gold Corporation’s announcement without any analysis or speculative commentary.

In other recent news, Barrick Gold Corp. has been the focus of several analyst updates and market developments. Citi has adjusted its price target for Barrick Gold to $21 from $17, maintaining a Neutral rating, with expectations of first-quarter 2025 earnings aligning with consensus estimates. Raymond (NSE:RYMD) James raised its price target to $23.50, emphasizing Barrick’s strong cash flow from high-quality gold and copper assets. Jefferies continues to hold a Buy rating with a $26 target, highlighting the company’s potential for cost reduction and the value of its copper business.

UBS upgraded Barrick Gold to a Buy rating with a $22 target, citing a positive outlook on gold and the company’s stock performance relative to peers. The firm’s analysis suggests Barrick Gold is trading at a discount compared to its historical averages and competitors. Additionally, a bullish report from Goldman Sachs raised gold price forecasts, positively impacting Barrick Gold and other major mining stocks. The increase in gold prices, reaching $3,060 an ounce, has been driven by strong ETF inflows and central bank demand, benefiting gold mining companies like Barrick Gold.

These recent developments reflect a mix of strategic positioning and market conditions that could influence Barrick Gold’s financial performance and investor sentiment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.