Barrick Gold (GOLD)
(Real Time Quote from BATS)
$20.30 USD
-0.08 (-0.39%)
Updated Sep 23, 2024 02:26 PM ET
3-Hold of 5 3
A Value C Growth A Momentum A VGM
Company Summary
Barrick Gold Corporation, based in Toronto, Canada, is one of the largest gold mining companies in the world. The company has many advanced exploration and development projects located across five continents.
Barrick is placed amongst the top gold producers with peers, such as Newmont (based in the United States) and AngloGold Ashanti (based in South Africa). The company produced 4.05 million ounces of gold and 420 million pounds of copper in 2023. Barrick had 77 million ounces (oz) of proven and probable gold reserves at the end of 2023. The company generated total revenues of roughly $11.4 ...
Company Summary
Barrick Gold Corporation, based in Toronto, Canada, is one of the largest gold mining companies in the world. The company has many advanced exploration and development projects located across five continents.
Barrick is placed amongst the top gold producers with peers, such as Newmont (based in the United States) and AngloGold Ashanti (based in South Africa). The company produced 4.05 million ounces of gold and 420 million pounds of copper in 2023. Barrick had 77 million ounces (oz) of proven and probable gold reserves at the end of 2023. The company generated total revenues of roughly $11.4 billion in 2023.
The company’s strategy to create value for its shareholders is focused on the following key areas:
Maximizing the benefits of rising metal prices by meeting operational and financial targets.
Increasing gold and copper reserves and production through exploration and selective acquisitions.
Maximizing the value of its existing mines and properties by leveraging its expertise and regional infrastructure.
Growing production by investing in and developing high return projects.
Continuing to improve corporate social responsibility practices to maintain and strengthen its incense to operate.
By executing on this strategy, the company expects to increase earnings and cash flow and enhance its shareholders’ leverage to metal prices.
In September 2018, Barrick entered into a share-for-share merger agreement with Randgold Resources Limited. The merger was successfully completed on Jan 1, 2019. The deal formed an industry-leading gold company and strengthened Barrick’s position.
Post-merger, Barrick has the ability to generate strong cash flow to support robust investment and return cash to shareholders. Higher operating metrics, including lowest total cash cost position as well as highest adjusted EBITDA margin are likely to support sustainable investment in growth and shareholder returns.
General Information
Barrick Gold Corporation
161 BAY STREET BROOKFIELD PLACE TD CANADA TRUST TOWER SUITE 3700
Toronto, A6 M5J2S1
Phone: 800-720-7415
Fax: 514-985-8843
Email: investor@barrick.com
Industry | Mining - Gold |
Sector | Basic Materials |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 11/7/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.34 |
Current Year EPS Consensus Estimate | 1.25 |
Estimated Long-Term EPS Growth Rate | 32.90 |
Exp Earnings Date | 11/7/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 20.38 |
52 Week High | 21.13 |
52 Week Low | 13.76 |
Beta | 0.55 |
20 Day Moving Average | 16,065,290.00 |
Target Price Consensus | 22.61 |
4 Week | -0.59 |
12 Week | 22.18 |
YTD | 12.66 |
4 Week | -1.77 |
12 Week | 17.00 |
YTD | -5.77 |
Shares Outstanding (millions) | 1,751.31 |
Market Capitalization (millions) | 35,691.68 |
Short Ratio | 1.00 |
Last Split Date | 3/2/1993 |
Dividend Yield | 1.96% |
Annual Dividend | $0.40 |
Payout Ratio | 0.39 |
Change in Payout Ratio | -0.08 |
Last Dividend Payout / Amount | 8/30/2024 / $0.10 |
Fundamental Ratios
P/E (F1) | 16.30 |
Trailing 12 Months | 19.98 |
PEG Ratio | 0.50 |
vs. Previous Year | 68.42% |
vs. Previous Quarter | 68.42% |
vs. Previous Year | 11.61% |
vs. Previous Quarter | 15.11% |
Price/Book | 1.10 |
Price/Cash Flow | 10.19 |
Price / Sales | 3.02 |
6/30/24 | 5.53 |
3/31/24 | 4.88 |
12/31/23 | 4.64 |
6/30/24 | 3.87 |
3/31/24 | 3.40 |
12/31/23 | 3.21 |
6/30/24 | 3.01 |
3/31/24 | 3.32 |
12/31/23 | 3.16 |
6/30/24 | 2.31 |
3/31/24 | 2.49 |
12/31/23 | 2.40 |
6/30/24 | 15.00 |
3/31/24 | 13.50 |
12/31/23 | 12.87 |
6/30/24 | 12.78 |
3/31/24 | 12.58 |
12/31/23 | 11.16 |
6/30/24 | 27.69 |
3/31/24 | 26.09 |
12/31/23 | 24.69 |
6/30/24 | 18.54 |
3/31/24 | 18.35 |
12/31/23 | 18.23 |
6/30/24 | 4.44 |
3/31/24 | 4.30 |
12/31/23 | 4.24 |
6/30/24 | 0.15 |
3/31/24 | 0.15 |
12/31/23 | 0.15 |
6/30/24 | 12.67 |
3/31/24 | 12.76 |
12/31/23 | 12.84 |