What Investors Need to Know About Barrick Gold Corp Stock

Investors buy goldand gold-related stocks based on the belief that the price of the precious metal -- and therefore their chosen investment vehicle -- will rise in value. While there is often a direct correlation between the price of gold and some gold ETFs, that hasn't always been the case with gold mining stockslike Barrick Gold (NYSE: ABX).

In fact, for most of the past several years, Barrick Gold stock has vastly underperformed the price of gold due to several missteps by the company.