5 Best Canadian Stocks to Buy Now

2. Barrick Gold Corporation (NYSE:GOLD)

No of HFs: 52

Total Value of HF Holdings: $3.09 Billion

GOLD was mentioned in the First Eagle Investment Management Q2 2020 investor letter.

“Barrick Gold has continued to execute through the challenges posed by the pandemic, with strong production results and low costs driving improved free cash flow reported for first quarter 2020. Barrick has drawn on previous management experience with Ebola outbreaks in Africa to formulate a plan to promote the safety of its employees and communities in the face of Covid19. The company has maintained its annual production guidance for 2020 with only a slight downward adjustment, due to a lease dispute with the government of Papua New Guinea. We believe the company’s prudent management team and strong and diversified asset base position it well to manage through the current trying environment.”