Barrick Shares Climb After Berkshire Hathaway Discloses Investment
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 firstname.lastname@example.org
(END) Dow Jones Newswires
August 17, 2020 10:19 ET (14:19 GMT)
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