Cormark lifts Barrick PT on Fourmile optimism

** Brokerage Cormark Securities raises Barrick Mining's ABX.TO price target after the gold miner reported economic assessment of its Fourmile project in Nevada

** Barrick calls it "one of the century's greatest gold discoveries"

** Cormark raises PT to C$45 from C$35, an upside of 10.7% to the stock's last close

** Cormark estimates Fourmile net present value (NPV) of $8.15 bln at a long-term $3,000/oz gold price

** Brokerage says 80% of the mineralization at the project is single refractory, helping in cheaper processing of the ores

** 10 of 13 brokerages rate the stock "buy" or higher, and 3 "hold"; their median PT is C$40.64 - data compiled by LSEG

** Up to last close, stock up ~82% YTD