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JAN 10, 2014 - TheStreet

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Why Barrick (ABX) Is Up Today

NEW YORK (TheStreet) -- Barrick Gold Corp.  closed up 2.48% at $18.18 during Friday trading, up 45 cents from its previous close of $11.84. The stock had a volume of 15,307,162 compared to its average volume of 17,423,600.Barrick's rise coincided with the rise in gold prices on the weak December unemployment report. Newmont Mining , GoldCorp and AngloGold Ashanti also moved upward on Friday.Barrick and Newmont suffered through a difficult 2013 as gold prices decreased $1,200 to $1,700 an ounce. Despite today's gains, the upcoming year could prove ... Read More

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