The Globe and Mail reports in its Friday, Oct. 10, edition that Canaccord Genuity analyst Carey MacRury is sticking withe his "buy" call on Barrick Mining. The Globe's David Leeder writes in the Eye On Equities column that Mr. MacRury's share target soared $18 to $57. Analysts on average target the shares a $51.26. Mr. MacRury says in a note: "We [upgraded our target] on Barrick based on the following: 1) the company's Fourmile PEA and project update, 2) updating our model to reflect the Reko Diq FS, 3) the recent Hemlo and Tongon asset sales, 4) the recent departure of CEO Mark Bristow and 5) our recently updated price deck. Overall, we view the recent Fourmile announcement as significant as an emerging world-class asset (24Moz at 15 g/t) that is situated near existing infrastructure. The timing of Mark Bristow's departure comes as a surprise given the recent strength in the company's share price and the Fourmile announcement. That said, Barrick has been a relative underperformer vs. its senior peers and the gold price since the Randgold/Barrick merger and in our view, the move adds a layer of uncertainty whether deeper strategic changes are in the works."