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  5. ABX: Hi 5i team, Gold is at an all time high and most gold stocks are reaching new yearly highs. [Barrick Gold Corporation]

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Q: Hi 5i team, Gold is at an all time high and most gold stocks are reaching new yearly highs. But ABX is 20% below last May 4,2023 high and 43% below its high on Aug 2020 when gold was 2050 for a brief moment. What is your view on ABX and what is the reason for the underperformance vrs other gold stocks.
Thanks,
George
Asked by George on April 03, 2024
5i Research Answer:
Gold stocks, on average, have been hit with a combination of high inflation and low grades....
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