Barrick Mining Corporation is trading 5.6% down at $40.40 as risk assets sell off after a much-stronger-than-expected U.S. jobs report pointed to higher-for-longer interest rates.
- The drop tracks sharp declines in major cryptocurrencies, with Bitcoin down about 4% and Ethereum nearly 9%, pressuring crypto-linked miners.
- Broader market weakness led by the Nasdaq is further weighing on the stock as investors recalibrate expectations for monetary policy.