Barrick Gold Corporation (ABX) upgraded to Buy by UBS
UBS rated Buy Barrick Gold Corporation (NYSE: ABX) on 02/04/2009, when the stock price was $36.77. Since
then, Barrick Gold Corporation has lost 70.55% as of 12/19/2014's recent price of $10.83. If you would have followed this UBS's recommendation on ABX, you would have lost 70.54% of your investment in 2144 days.
Barrick Gold Corporation
(Barrick) is engaged the production and sale of gold, as well as related activities, such as exploration and mine development. Barrick also produces copper and holds interests in a platinum group metals development project and a nickel development project, both located in Africa, and a platinum group metals project located in Russia. Barrick has four regional business units (RBUs): North America, South America, Australia Pacific and Africa. On March 5, 2008, Barrick completed the acquisition of additional 40% interest in the Cortez property. During the year ended December 31, 2008, the Company acquired Cadence Energy Inc.
is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers.
In Switzerland, UBS
is the market leader in retail and commercial banking.
With headquarters in Zurich and Basel, Switzerland, UBS
operates in over 50 countries and from all major international centers.
employs more than 80,000 people.