Since August, shares of Barrick have risen by 10%, outperforming rival large-cap gold miners as well as beating out the HUI Gold Index, which was up 8.8% in comparison. Since hitting its September 2018 lows, Barrick's stock has risen by 83.5%. Even more impressive is that during this period, Barrick outperformed even the VanEck Vectors Junior Gold Miners ETF, an index of small-cap and mid-cap gold miners that theoretically should outperform senior miners like Barrick when markets are bullish. Instead, the index has risen by only 48% during that same period.