Barrick Gold Surges 1.33 to 52-Week High as 480M Traded Volume Ranks 196th Outperforming Peers in Short Interest

Barrick Gold (GOLD) rose 1.33% on August 29, 2025, with a trading volume of $480 million, ranking 196th in market activity. The stock hit a 52-week high of $26.80, reflecting strong investor confidence amid strategic operational improvements and favorable market conditions.

The company’s short interest increased by 34.9% in January 2025, reaching 19.57 million shares, or 1.13% of its float. This ratio of 1.0 suggests limited bearish sentiment, as short positions remain below 10% of the public float. Institutional investors, including major banks and asset managers, reported short positions in the latest filings, though the overall short interest remains relatively low compared to peers in the precious metals sector.

Barrick’s short interest growth contrasts with its competitive positioning. While peers like AngloGold Ashanti and Kinross Gold face higher short interest percentages (2.11% and 1.52%, respectively), Barrick’s 1.13% indicates stronger investor optimism. Analysts have upgraded price targets, including Jefferies and Scotiabank, citing exploration potential and operational efficiency. The stock’s Piotroski Score of 9 and “GREAT” financial health rating further underscore its robust fundamentals.

Backtesting results confirm the stock’s resilience. Over the past year, Barrick delivered a 32.69% return, with a 71.41% gain year-to-date. Despite gold price volatility, the company’s market capitalization of $45.7 billion and undervalued metrics suggest continued investor support.