Pasqua Lama Class Action Puts Barrick Mining's Project Risks In Focus [Yahoo! Finance]
Barrick Mining Corporation Common Shares (B)
Last barrick mining corporation common shares earnings: 4/24 06:30 am
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Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Ontario Superior Court of Justice has certified a securities misrepresentation class action related to Barrick Mining's Pasqua Lama project. The case focuses on alleged misrepresentations to investors about the development of the mine. Certification allows the lawsuit to proceed on behalf of a defined group of investors. For investors following Barrick Mining (TSX:ABX), this legal update comes at a time when the stock is trading around CA$61.73, with a value score of 4 and a 1 year gain of 139.4%. Over a longer stretch, returns of 175.4% over 3 years and 172.6% over 5 years indicate that recent share price performance has been strong, even alongside shorter term moves such as a 3.3% decline over 7 days and a 2.4% decline over 30 days. Certification of the class action does not decide the outcome of the case. It does mean, however, that the issues are likely to
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