Barrick Gold's Golden Cross Opportunity — Analyst Sees 'Ample Opportunity For Catch Up' Post Q1
Barrick Gold's Golden Cross Opportunity — Analyst Sees 'Ample Opportunity For Catch Up' Post Q1
BMO Capital Markets' analyst Jackie Przybylowski's recent insights on Barrick Gold's performance and outlook provide a compelling investment thesis for the company. Barrick Gold Corp (NYSE:GOLD) recently reported its first-quarter (Q1) earnings, surpassing Street estimates and offering a positive outlook for the future.
巴里克黃金公司（紐約證券交易所代碼：GOLD）最近公佈了其第一季度（第一季度）的收益，超過了華爾街的預期，未來前景樂觀。
Strong Q1 Financial Performance and Outlook
強勁的第一季度財務業績和前景
In Q1 2024, Barrick reported adjusted EPS of $0.19, beating the $0.15 estimate. Sales of $2.747 billion came in line with expectations. The company's capital expenditure for 2024 is projected to be between $2.5 billion and $2.9 billion. Despite missing Q1 production targets, Barrick maintains its 2024 outlook, expecting steady gold production increases.
在2024年第一季度，巴里克公佈的調整後每股收益爲0.19美元，超過了預期的0.15美元。27.47億美元的銷售額符合預期。該公司2024年的資本支出預計在25億美元至29億美元之間。儘管未能實現第一季度的產量目標，但巴里克仍維持其2024年的展望，預計黃金產量將穩步增長。
Related: Barrick Gold Maintains FY24 Outlook Despite Q1 Production Miss
相關信息：儘管第一季度產量不佳，但巴里克黃金仍維持24財年的展望
Analyst Sees Ample Opportunity For 'Catch Up'
分析師認爲有充足的 “追趕” 機會
BMO Capital Markets' analyst Jackie Przybylowski's recent insights on Barrick Gold's performance and outlook provide a compelling investment thesis for the company.
BMO Capital Markets的分析師傑基·普日比洛夫斯基最近對巴里克·戈爾德業績和前景的見解爲該公司提供了一個引人入勝的投資論點。
Barrick's strong Q1 2024 earnings, which beat Street estimates, reflect the company's ability to navigate challenges and deliver solid results. "It's early in the year, and we see sufficient time and
ample opportunity for 'catch up'," said Przybylowski.
巴里克2024年第一季度強勁的收益超過了華爾街的預期，這反映了該公司應對挑戰和取得穩健業績的能力。“現在已經是年初了，我們看到了足夠的時間和
有充足的'追趕'機會，” 普日比洛夫斯基說。
Additionally, management's credible plan to improve production and costs through 2024 indicates a strategic focus on efficiency and growth. The analyst's Outperform rating and one-year target price of $26 per share suggest significant upside potential for investors.
此外，管理層制定了到2024年提高生產和成本的可信計劃，這表明其戰略重點是效率和增長。該分析師的跑贏大盤評級和每股26美元的年度目標價表明投資者有巨大的上行潛力。
Key Catalysts
關鍵催化劑
Przybylowski sees organic growth as a "strategic differentiator" for Barrack Gold. She sees "Barrick's existing pipeline offers meaningful growth and catalysts for both copper and gold."
普日比洛夫斯基將有機增長視爲Barrack Gold的 “戰略差異化因素”。她認爲 “巴里克現有的管道爲銅和黃金提供了有意義的增長和催化劑。”
Barrick Gold's existing pipeline offers significant growth opportunities in both copper and gold, as highlighted by Przybylowski. The company's strategic initiatives, including – the Pueblo Viejo expansion project, Porgera restart, and optimization or growth at Nevada Gold Mines, Lumwana super pit, and Reko Diq development – are expected to drive future performance.
正如Przybylowski所強調的那樣，巴里克黃金的現有管道爲銅和黃金提供了巨大的增長機會。該公司的戰略舉措，包括Pueblo Viejo擴建項目、Porgera的重啓以及內華達金礦、Lumwana超級礦和Reko Diq開發的優化或增長，預計將推動未來的業績。
Technical Analysis Signals Golden Cross
技術分析信號金十字
On the technical front, Barrick Gold's stock recently formed a Golden Cross, indicating a potential bullish trend.
在技術方面，Barrick Gold的股票最近形成了金十字架，表明了潛在的看漲趨勢。
Chart: Benzinga Pro
圖表：Benzinga Pro
As can be seen in the chart above, the 50-day simple moving average (SMA) has crossed over the 200-day SMA, triggering a strong bullish sentiment for the stock.
從上圖中可以看出，50天簡單移動平均線（SMA）已突破200天均線，引發了該股的強烈看漲情緒。
A Golden Cross is a basic technical indicator that occurs in the market when a short-term moving average (50-day) of an asset rises above a long-term moving average (200-day). When traders see a Golden Cross occur, they view this chart pattern as indicative of a strong bull market.
黃金交叉是一種基本的技術指標，當資產的短期移動平均線（50天）升至長期移動平均線（200天）上方時，就會出現在市場上。當交易者看到金十字出現時，他們認爲這種圖表模式表明牛市強勁。
Barrack Gold's Golden Cross comes as the stock has shown resilience, despite being down 13.89% over the past year and -9.56% year-to-date. The stock's performance contrasts with the 13.94% increase in the spot gold price over the past year and 11.74% year-to-date.
Barrack Gold的金十字勳章發佈之際，該股表現出彈性，儘管在過去一年中下跌了13.89％，今年迄今爲止下跌了-9.56％。該股的表現與現貨黃金價格在過去一年中上漲13.94％和今年迄今爲止的11.74％形成鮮明對比。
Barrick Gold's positive Q1 earnings report, coupled with its strategic growth initiatives and favorable technical signals, paints a promising picture for the company.
Barrick Gold的第一季度收益報告樂觀，加上其戰略增長舉措和有利的技術信號，爲該公司描繪了一幅充滿希望的畫面。
Image: Shutterstock
圖片：Shutterstock
譯文內容由第三人軟體翻譯。
