It happens every few years. Mining stocks surge, especially gold stocks, as Canadians around the world look to hide out from market volatility. Yet, there are a few mining investments that provide even more opportunity, some that have been using their cash cows wisely. So today, let’s look at three that might be strong buys not only while the price of gold is surging, but for decades of cash flow.
ABX
Barrick Gold (TSX:ABX) is one of the best performers among gold and mineral stocks out there. The company recently saw the price of gold jump, which immediately affected its cash flow. The second quarter saw the gold stock sell at a realized price of about US$3,295 per ounce! This materially boosted earnings and margins.
The gold producer also reported cash flow hit $2.5 billion in the first half of 2025, with free cash flow at $770 million in the first half, a 107% increase year over year! Production improved in the second quarter…
