Diagram illustrating the Net Asset Value calculation formula for mutual funds and ETFs with assets, liabilities, and shares outstanding.

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Aerial view of a large open-pit gold mine with heavy machinery and ore processing facilities

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Diagram illustrating the Net Asset Value calculation formula for mutual funds and ETFs with assets, liabilities, and shares outstanding.

Understanding Net Asset Value (NAV): The Core Metric Driving Fund Performance

Aerial view of a large open-pit gold mine with heavy machinery and ore processing facilities

Barrick Gold’s Q4 2025 Earnings Surge on Higher Production and Prices