The Globe and Mail reports in its Tuesday, Nov. 24, edition that RBC Dominion Securities analyst Josh Wolfson continues to rate Barrick Gold ($23.24) "outperform" (all figures U.S.). The Globe's David Leeder writes in the Eye On Equities column that Mr. Wolfson trimmed his share target by $2 to $31. Analysts on average target the shares at $33.94. Mr. Wolfson says in a note: "Exploration remains a core competency of the company, expected to enable Barrick to replenish its opportunities. Barrick reaffirmed long-term planning prices of $1,200/oz, but may seek to leverage short-term higher pricing, noting opportunities with Kibali processing upside, stockpiling strategies, and Tongon mine life extension. In conjunction with the de-levering of Barrick's balance sheet, good outlook visibility, and high cash generation, the company is expected to issue a new dividend policy framework that will distribute excess cash above its base dividend, which is calculated using gold prices of $1,200 per ounce. Our analysis outlines Barrick's dividend could reasonably increase to 2-3 times current levels in upcoming years at current gold price." Mr. Wolfson says for Barrick the "big picture is unchanged."