Barrick Gold Corporation's has seen its stock price plummet in the last month from about $21 to $14-15, a precipitous drop of nearly 25%. Year to date it's even uglier with the shares down 60%. It's not just Barrick Gold that's reeling - almost all miners operating in the precious metals space are sinking in the same boat. However, as the world's largest gold producer, Barrick gets intense scrutiny from investors as a barometer for the industry's health.
Barrick Gold Corporation's has seen its stock price plummet in the last month from about $21 to $14-15, a precipitous drop of nearly 25%. Year to date it's even uglier with the shares down 60%. It's not just Barrick Gold that's reeling - almost all miners operating in the precious metals space are sinking in the same boat. However, as the world's largest gold producer, Barrick gets intense scrutiny from investors as a barometer for the industry's health.
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