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Barrick Gold Corporation (TSE:ABX)
TSX:ABX
Barrick Gold (ABX) Stock Price & Analysis
797 Followers
ABX Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$18.52 - C$27.50
Previous CloseC$22.52
Volume1.70M
Average Volume (3M)3.79M
Market Cap
C$39.69B
Enterprise ValueC$52.26B
Total Cash (Recent Filing)$4.15B
Total Debt (Recent Filing)$4.76B
Price to Earnings (P/E)23.0
Beta1.02
Next Earnings
Aug 05, 2024EPS Estimate
C$0.34Last Dividend Ex-Date
Feb 28, 2024Dividend Yield2.42%
Share Statistics
EPS (TTM)0.98
Shares Outstanding1,755,569,554
10 Day Avg. Volume4,208,839
30 Day Avg. Volume3,785,099
Standard Deviation0.10
R-Squared0.04
Alpha0.00743
Financial Highlights & Ratios
Price to Book (P/B)1.57
Price to Sales (P/S)3.52
Price to Cash Flow (P/CF)7.70
P/FCF Ratio22.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.59
Enterprise Value/Gross Profit15.08
Enterprise Value/Ebitda9.79
Forecast
1Y Price Target
C$30.83Price Target Upside36.37% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Barrick Gold News
PremiumCompany Announcements
Barrick Gold Optimistic as Targets Are On Track
PremiumCompany Announcements
Barrick Gold Maintains Momentum in Q1 Results
PremiumCompany Announcements
Barrick Gold Forges Exploration Alliance in Jamaica
PremiumCompany Announcements
Barrick Gold Maintains Dividend, Eyes Growth
PremiumCompany Announcements
Barrick Gold Confirms Q1 Dividend PayoutBulls Say, Bears Say
Bulls Say
Financial PerformanceGOLD generated free cash flow of $136 million, well above the estimated negative $9 million.
Long-Term GrowthLonger-term projects such as the Lumwana super pit, Reko Diq, and Fourmile are advancing well and will contribute to production later in the current decade and the next.
Stock BuybackGOLD announced a new $1 billion share buy-back program, which should offer strong support for the shares.
Bears Say
Financial Guidance2024 gold production guidance includes a low end in the 3Moz range, which is below the consensus forecast and market expectations.
Production And SalesQ1’24 gold and copper production and sales volume broadly missed expectations.
Regulatory RisksThe Malian government aimed to expropriate the Loulo-Gounkoto gold mining complex, a key asset for GOLD.
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Options Prices
Currently, No data available
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Ownership Overview
0.93% Insiders
18.14% Mutual Funds
13.64% Other Institutional Investors
67.29% Public Companies and Individual Investors
ABX FAQ
What was Barrick Gold Corporation’s price range in the past 12 months?
Barrick Gold Corporation lowest stock price was C$18.52 and its highest was C$27.50 in the past 12 months.
What is Barrick Gold Corporation’s market cap?
Currently, no data Available
When is Barrick Gold Corporation’s upcoming earnings report date?
Barrick Gold Corporation’s upcoming earnings report date is Aug 05, 2024 which is in 94 days.
How were Barrick Gold Corporation’s earnings last quarter?
Barrick Gold Corporation released its earnings results on May 01, 2024. The company reported C$0.262 earnings per share for the quarter, beating the consensus estimate of C$0.212 by C$0.05.
Is Barrick Gold Corporation overvalued?
According to Wall Street analysts Barrick Gold Corporation’s price is currently Undervalued.
Does Barrick Gold Corporation pay dividends?
Barrick Gold Corporation pays a Quarterly dividend of C$0.14 which represents an annual dividend yield of 2.42%. See more information on Barrick Gold Corporation dividends here
What is Barrick Gold Corporation’s EPS estimate?
Barrick Gold Corporation’s EPS estimate is C$0.34.
How many shares outstanding does Barrick Gold Corporation have?
Barrick Gold Corporation has 1,755,569,600 shares outstanding.
What happened to Barrick Gold Corporation’s price movement after its last earnings report?
Barrick Gold Corporation reported an EPS of C$0.262 in its last earnings report, beating expectations of C$0.212. Following the earnings report the stock price went down -1.573%.
Which hedge fund is a major shareholder of Barrick Gold Corporation?
Currently, no hedge funds are holding shares in TSE:ABX
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Barrick Gold Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
C$30.83 (36.37% Upside)
C$30.83 (36.37% Upside)
Blogger Sentiment
Bullish
TSE:ABX Sentiment 91%
Sector Average 72%
Sector Average 72%
Insider Transactions
Bought Shares
Worth $378.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 0.3%
Last 30 Days ▲ 4.6%
Last 30 Days ▲ 4.6%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-11.73%
12-Months-Change
Fundamentals
Return on Equity
5.52%
Trailing 12-Months
Asset Growth
-0.34%
Trailing 12-Months
Company Description
Barrick Gold Corporation
Canada-based Barrick Gold Corp. is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development.
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ABX Company Deck
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ABX Earnings Call
Q1 2024
0:00 / 0:00
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ABX Stock 12 Months Forecast
Average Price Target
C$30.83
▲(36.37% Upside)
Technical Analysis
Best Analysts Covering ABX
1 Year
1 Year Success Rate
8/15 ratings generated profit
1 Year Average Return
+2.49%
initiated a buy rating 2 months ago
Copying Matt Murphy's trades and holding each position for 1 Year would result in 53.33% of your transactions generating a profit, with an average return of +2.49% per trade.
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