Barrick Gold Posts 1.1% Gains as Trading Volume Slumps to 233rd Largest Amid Sector Uncertainties

Generated by AI AgentAinvest Volume Radar
Wednesday, Sep 10, 2025 7:23 pm ET1min read
Aime RobotAime Summary

- Barrick Gold (GOLD) rose 1.1% on Sept. 10, 2025, despite a 29.6% drop in trading volume to $0.49B, ranking 233rd in market liquidity.

- Analysts cited stable Q3 production guidance aligning with annual targets, though reduced volume may reflect seasonal factors or macroeconomic uncertainties.

- A back-test strategy tracking U.S. equities from Jan. 3, 2022, will monitor Barrick's performance through metrics like Sharpe ratio and maximum drawdown.

On September 10, 2025, , , ranking 233rd in market liquidity. , reflecting modest investor interest amid broader market dynamics.

Recent developments influencing Barrick’s performance include operational updates and sector positioning. Analysts noted that the company’s production guidance for the third quarter remains aligned with its annual targets, stabilizing investor sentiment. However, reduced trading volume suggests tempered short-term speculative activity, potentially linked to seasonal factors or macroeconomic uncertainties impacting mining equities.

The back-test parameters confirm a strategy focused on U.S. equities listed on NYSE, NASDAQ, and NYSE-Arca, excluding ETFs and ADRs. The methodology ranks stocks by daily share volume, rebalances top-500 names daily, and holds positions overnight with equal weighting. Adjusted prices account for corporate actions, ensuring total return calculations. From January 3, 2022, to September 10, 2025, the process will track cumulative returns, volatility, Sharpe ratio, and maximum drawdown, with an interactive equity curve for performance visualization.

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