Barrick & Newmont: All That Glitters is Not Gold
April 25, 2017 at 12:00 PM EDT
Shares of Barrick Gold ( ABX ) and Newmont Mining ( NEM ) and tumbling today as investors react to their earnings reports and gold prices fall . Barrick Gold has tumbled 9.7% to $17.20 at 11:48 a.m. today after missing earnings forecasts and cutting its full-year production guidance, while Newmont has dropped 4% to $32.36 despite beating earnings forecasts . Credit Suisse analyst Anita Soni and team explain what went wrong at Barrick...