LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Barrick Gold Corporation (“Barrick” or the “Company”) (NYSE: ABX).
If you purchased or otherwise acquired Barrick shares, and would like more information about the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you. You can also reach us through the firm’s website at http://www.Goldberglawpc.com, or by email at email@example.com.
The investigation focuses on whether Barrick and certain of its officers and/or directors violated federal securities laws. On April 24, 2017, the Company revised its full year guidance, stating that full year gold production is now expected to be 5.3 - 5.6 million ounces, down from our previous range of 5.6 - 5.9 million ounces. Barrick attributed approximately two-thirds of the reduction to the planned sale of 50% percent of its Veladero mine. Barrick also revised Veladero guidance, projecting full-year production at Veladero of 630,000 - 730,000 ounces, compared to the Company’s previously-issued guidance of 770,000 - 830,000 ounces. When this news was announced, Barrick’s stock price dropped.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents shareholders around the world and specializes in securities class actions and shareholder rights litigation.
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