The Globe and Mail reports in its Thursday, Sept. 25, edition that analysts at National Bank Financial believe the macroeconomic environment supports precious metal prices due to ongoing political uncertainty, declining real rates, persistent inflation and central banks continuing to be net purchasers. The Globe's David Leeder writes that the National Bank analysts continue to rate Barrick Mining "outperform." The analysts gave their share target a $9 boost to $60. Analysts on average target the shares at $46.60. On Wednesday the bank reaffirmed its bullish outlook for prices in the months ahead. National Bank analyst Shane Nagle says in a note: "We recently upgraded Barrick as the company has seen several positive developments recently. After the company achieved positive operational performance across its portfolio for production and cost control with Q2 reporting, it recently announced the sale of Hemlo for $1.09-billion (U.S.) which will support an increase to Barrick's ongoing $1-billion (U.S.) share buyback program." The Globe reported on June 5 that RBC analysts Josh Wolfson, Michael Siperco and Harrison Reynolds had reaffirmed their "outperform" recommendation for Barrick Mining. It was then worth $27.35.