Barrick Shares Climb After Berkshire Hathaway Discloses Investment
August 17 2020 - 10:34AM
Dow Jones News
By Robb M. Stewart
Barrick Gold Corp.'s shares continued to advance Monday in the
wake of news Warren Buffett's Berkshire Hathaway Inc. holds a stake
in the Canadian gold producer.
In morning trading, the Toronto-listed shares were 10% higher at
C$39.41, while in New York the shares were up 11% at $29.85.
Building on gains Friday after Berkshire Hathaway Inc. disclosed a
roughly 20.9 million share stake in Barrick, the shares have risen
roughly 60% year-to-date.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
August 17, 2020 10:19 ET (14:19 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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