Investors who missed the rally in precious metal stocks this year are wondering which Canadian gold mining companies might be good to buy for a self-directed Tax-Free Savings Account or Registered Retirement Savings Plan (RRSP) portfolio.
Barrick Mining
Barrick Mining (TSX:ABX) is up 80% in 2025. The stock trades near $40 at the time of writing, compared to $29 at the end of July and $23 at the start of the year.
The big surge in recent weeks occurred as investors started feeling better about the company’s outlook amid a host of operational and political challenges at some of the assets located in difficult regions.
Barrick operates gold and copper mines around the globe. Ten of the mines are focused on gold, while three operating locations are primarily copper deposits. Barrick , however, just announced a deal to sell its sole Canadian mine, Hemlo, for up to US$1.09 billion.
In Africa, Barrick faces challenges at its…
