The Globe and Mail reports in its Wednesday, Dec. 10, edition that National Bank Financial analyst Shane Nagle has reiterated his "outperform" recommendation for Barrick Mining. The Globe's David Leeder writes in the Eye On Equities column that Mr. Nagle's share target soared $12.50 to $77.50. Analysts on average target the shares at $62.94. Mr. Nagle says in a note: "Barrick shares continue to trade at a discounted 4.5 times EV/2026E EBITDA compared with large-cap peers at 6.2 times. Results from ongoing cost control efforts, resumption in production from Loulo-Gounkoto and future resource growth and development progress at Fourmile will continue to support a rerating. With a retooled focus on growing gold production in the Americas (centred around Nevada Gold Mines), we see the potential for more sustainable multiple expansion going forward." The Globe reported on Sept. 25 that Mr. Nagle rated Barrick Mining "outperform." The shares were then going for $46.70. The Globe reported on Nov. 25 that Bank of America Global Research analyst Lawson Winder had boosted Barrick Mining to "buy" from "hold." The shares could then be had for $55.18.