#basic materials stock

Earnings Preview: Barrick Gold expected to continue the momentum in Q2

Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX) stock has surged 66% in the last 12 months. This year, the share price rose 34% touching a new 52-week high of $18 this week. The gold prices eclipsed $1,500/ounce mark touching six-year high levels along with geopolitical concerns are going to act as a tailwind for Barrick and its peers.

Amidst positive momentum, the gold miner is scheduled to…