Barrick Gold Corp Company Profile (NYSE:ABX)

About Barrick Gold Corp (ABX)

Barrick Gold Corp logoBarrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company's segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines. Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero and Turquoise Ridge are its individual gold mines. The Company, through its subsidiary, Acacia, owns gold mines and exploration properties in Africa. It also holds interest in gold mines, including Porgera and Kalgoorlie, and copper mines, such as Zaldivar and Lumwana. The Pascua-Lama project is located on the border between Chile and Argentina. The Company has nine producing gold mines, which are located in Canada, the United States, Peru, Argentina, Australia and the Dominican Republic.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ABX
  • CUSIP: N/A
Key Metrics:
  • Previous Close: $19.23
  • 50 Day Moving Average: $19.027
  • 200 Day Moving Average: $17.381
  • 52-Week Range: $13.81 - $23.47
  • Trailing P/E Ratio: 34.330
  • Foreward P/E Ratio: 22.14
  • P/E Growth: 12.050
  • Market Cap: $22.41B
  • Outstanding Shares: 1,165,574,000
  • Beta: -0.24
Profitability:
  • Net Margins: -28.22%
  • Return on Equity: 6.81%
  • Return on Assets: 2.54%
Debt:
  • Debt-to-Equity Ratio: 0.85%
  • Current Ratio: 2.67%
  • Quick Ratio: 1.72%

Analyst Ratings

Consensus Ratings for Barrick Gold Corp (NYSE:ABX) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.53)
Consensus Price Target: $23.32 (22.50% upside)

Analysts' Ratings History for Barrick Gold Corp (NYSE:ABX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/19/2017Jefferies Group LLCBoost Price TargetBuy$21.00 -> $24.00LowView Rating Details
3/31/2017BMO Capital MarketsReiterated RatingBuyLowView Rating Details
3/16/2017Royal Bank of CanadaUpgradeSector Perform -> Outperform$19.00 -> $23.00LowView Rating Details
3/6/2017Barclays PLCBoost Price TargetEqual Weight$20.00 -> $22.00N/AView Rating Details
2/15/2017Clarkson CapitalDowngradeBuy -> NeutralN/AView Rating Details
2/16/2017Berenberg BankReiterated RatingSell$15.20N/AView Rating Details
2/15/2017Credit Suisse Group AGReiterated RatingBuy$23.00N/AView Rating Details
12/21/2016TD SecuritiesDowngradeBuy -> Hold$25.00 -> $18.00N/AView Rating Details
10/31/2016MackieUpgradeSell -> HoldN/AView Rating Details
10/17/2016Citigroup IncReiterated RatingBuyN/AView Rating Details
10/5/2016Goldman Sachs Group IncReiterated RatingConviction-Buy -> Buy$27.00N/AView Rating Details
10/3/2016Deutsche Bank AGUpgradeHold -> Buy$22.00N/AView Rating Details
8/10/2016Canaccord GenuityReiterated RatingBuy$34.00N/AView Rating Details
8/10/2016ArgusReiterated RatingBuy$23.00 -> $26.00N/AView Rating Details
8/9/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$20.00N/AView Rating Details
3/29/2016CIBCBoost Price TargetSector Performer$11.25 -> $13.25N/AView Rating Details
3/16/2016JPMorgan Chase & Co.Reiterated RatingHoldN/AView Rating Details
1/8/2016Sterne Agee CRTUpgradeNeutral -> Buy$12.00N/AView Rating Details
9/8/2015HSBC Holdings plcReiterated RatingBuy$12.70 -> $9.90N/AView Rating Details
8/19/2015MacquarieUpgradeUnderperform -> NeutralN/AView Rating Details
8/10/2015ScotiabankLower Price Target$15.00 -> $13.50N/AView Rating Details
7/18/2015Dundee SecuritiesLower Price TargetNeutral$17.00 -> $13.75N/AView Rating Details
(Data available from 4/24/2015 forward)

Earnings

Earnings History for Barrick Gold Corp (NYSE:ABX)
Earnings by Quarter for Barrick Gold Corp (NYSE:ABX)
Earnings History by Quarter for Barrick Gold Corp (NYSE:ABX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/24/20173/31/2017$0.21$0.14$2.22 billion$1.99 billionN/AView Earnings Details
2/15/2017Q416$0.20$0.22$2.27 billion$2.32 millionViewN/AView Earnings Details
10/26/2016Q316$0.20$0.24$2.25 billion$2.30 billionViewN/AView Earnings Details
7/27/2016Q216$0.15$0.14$2.02 billion$2.01 billionViewN/AView Earnings Details
4/26/2016Q116$0.10$0.11$1.95 billion$1.93 billionViewListenView Earnings Details
2/17/2016Q415$0.06$0.08$2.25 billion$2.24 billionViewListenView Earnings Details
10/28/2015Q315$0.07$0.11$2.32 billion$2.32 billionViewListenView Earnings Details
8/5/2015Q215$0.05$0.05$2.31 billion$2.23 billionViewN/AView Earnings Details
2/18/2015Q115$0.09$0.05$2.48 billion$2.25 billionViewN/AView Earnings Details
10/29/2014Q314$0.16$0.19$2.47 billion$2.60 billionViewN/AView Earnings Details
7/30/2014Q214$0.14$0.14$133.95 million$2.43 billionViewN/AView Earnings Details
4/30/2014Q114$0.19$0.20$2.60 billion$2.60 billionViewN/AView Earnings Details
2/19/2014Q413$0.44$0.37$2.90 billion$2.93 billionViewN/AView Earnings Details
10/31/2013Q313$0.49$0.58$2.94 billion$2.99 billionViewN/AView Earnings Details
8/1/2013Q213$0.56$0.68$3.09 billion$3.20 billionViewN/AView Earnings Details
4/24/2013Q113$0.86$0.92$3.73 billion$3.44 billionViewN/AView Earnings Details
2/14/2013Q412$1.06$1.11$3.90 billion$4.19 billionViewN/AView Earnings Details
11/1/2012Q312$0.99$0.85$3.61 billion$3.44 billionViewN/AView Earnings Details
7/26/2012$0.95$0.78ViewN/AView Earnings Details
5/2/2012$1.10$1.09ViewN/AView Earnings Details
2/16/2012$1.27$1.17ViewN/AView Earnings Details
10/27/2011$1.31$1.39ViewN/AView Earnings Details
7/28/2011$1.08$1.16ViewN/AView Earnings Details
4/27/2011$1.02$1.01ViewN/AView Earnings Details
2/17/2011$0.84$0.95ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Barrick Gold Corp (NYSE:ABX)
2017 EPS Consensus Estimate: $1.09
2018 EPS Consensus Estimate: $0.84
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.22$0.32$0.27
Q2 20173$0.23$0.32$0.28
Q3 20173$0.23$0.31$0.27
Q4 20173$0.23$0.31$0.27
Q1 20181$0.21$0.21$0.21
Q2 20181$0.21$0.21$0.21
Q3 20181$0.21$0.21$0.21
Q4 20181$0.21$0.21$0.21
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Barrick Gold Corp (NYSE:ABX)
Most Recent Dividend:3/15/2017
Annual Dividend:$0.08
Dividend Yield:0.42%
Dividend Growth:-45.70% (3 Year Average)
Payout Ratio:-3.90% (Trailing 12 Months of Earnings)
9.52% (Based on This Year's Estimates)
9.30% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Barrick Gold Corp (NYSE:ABX)

Dividend History by Quarter for Barrick Gold Corp (NYSE:ABX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/15/2017quarterly$0.030.59%2/24/20172/28/20173/15/2017
10/26/2016quarterly$0.020.47%11/28/201611/30/201612/15/2016
7/27/2016quarterly$0.020.38%8/29/20168/31/20169/15/2016
4/26/2016quarterly$0.020.48%5/26/20165/31/20166/15/2016
2/17/2016quarterly$0.020.63%2/25/20162/29/20163/15/2016
10/28/2015quarterly$0.021.02%11/25/201511/30/201512/15/2015
8/5/2015quarterly$0.021.16%8/27/20158/31/20159/15/2015
4/28/2015quarterly$0.051.48%5/27/20155/29/20156/15/2015
2/18/2015quarterly$0.051.56%2/25/20152/27/20153/16/2015
10/29/2014quarterly$0.051.63%11/25/201411/28/201412/15/2014
7/30/2014quarterly$0.051.11%8/27/20148/29/20149/15/2014
4/30/2014quarterly$0.051.17%5/28/20145/30/20146/16/2014
2/12/2014quarterly$0.051%2/26/20142/28/20143/17/2014
10/30/2013quarterly$0.051.03%11/27/201311/29/201312/16/2013
8/1/2013quarterly$0.051.2%8/28/20138/30/20139/16/2013
4/24/2013quarterly$0.204.2%5/29/20135/31/20136/17/2013
2/14/2013quarterly$0.202.47%2/26/20132/28/20133/15/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Barrick Gold Corp (NYSE:ABX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Barrick Gold Corp (NYSE:ABX)
Latest Headlines for Barrick Gold Corp (NYSE:ABX)
Source:
DateHeadline
finance.yahoo.com logoT-Mobile and 4 More Top Companies Reporting Earnings After the Close on Monday
finance.yahoo.com - April 24 at 11:14 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Earning Somewhat Critical Media Coverage, Analysis Shows
www.americanbankingnews.com - April 23 at 7:34 AM
finance.yahoo.com logoBarrick Gold Corp. – Value Analysis (NYSE:ABX) : April 21, 2017
finance.yahoo.com - April 21 at 8:16 PM
finance.yahoo.com logoArgentina mulls $500 mln safety plan for Barrick's Veladero mine
finance.yahoo.com - April 21 at 8:16 PM
americanbankingnews.com logoBarrick Gold Corp Forecasted to Earn FY2017 Earnings of $0.96 Per Share (ABX)
www.americanbankingnews.com - April 21 at 2:31 PM
finance.yahoo.com logoBarrick Gold Corp. breached its 50 day moving average in a Bearish Manner : ABX-US : April 20, 2017
finance.yahoo.com - April 20 at 8:17 PM
americanbankingnews.com logo Brokerages Expect Barrick Gold Corp (ABX) Will Announce Quarterly Sales of $2.16 Billion
www.americanbankingnews.com - April 20 at 1:53 PM
fool.com logoThe Worst Mistake Barrick Gold Corp Investors Can Make Right Now
www.fool.com - April 20 at 12:49 PM
americanbankingnews.com logoJefferies Group Weighs in on Barrick Gold Corp's Q1 2017 Earnings (ABX)
www.americanbankingnews.com - April 20 at 10:09 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Earns Daily Media Impact Rating of 0.19
www.americanbankingnews.com - April 20 at 7:31 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Given Buy Rating at Jefferies Group LLC
www.americanbankingnews.com - April 19 at 7:28 PM
finance.yahoo.com logoA Close Look at Barrick Gold Corp's Dividend Potential
finance.yahoo.com - April 18 at 3:17 PM
fool.com logoA Close Look at Barrick Gold Corp's Dividend Potential
www.fool.com - April 18 at 2:45 PM
americanbankingnews.com logoBarrick Gold Corp (ABX) Expected to Announce Earnings of $0.23 Per Share
www.americanbankingnews.com - April 18 at 11:38 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Given News Impact Rating of 0.19
www.americanbankingnews.com - April 17 at 10:07 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Stock Rating Reaffirmed by Royal Bank of Canada
www.americanbankingnews.com - April 16 at 12:17 PM
americanbankingnews.com logoSomewhat Positive News Coverage Somewhat Unlikely to Impact Barrick Gold Corp (ABX) Stock Price
www.americanbankingnews.com - April 14 at 1:48 PM
finance.yahoo.com logoWhat Investors Need to Know About Goldcorp's Joint Venture With Barrick Gold in Chile
finance.yahoo.com - April 14 at 11:45 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Downgraded by Vetr Inc.
www.americanbankingnews.com - April 14 at 7:26 AM
americanbankingnews.com logoStock Traders Buy High Volume of Barrick Gold Corp Call Options (ABX)
www.americanbankingnews.com - April 11 at 5:46 PM
americanbankingnews.com logoStock Traders Purchase High Volume of Put Options on Barrick Gold Corp (ABX)
www.americanbankingnews.com - April 11 at 12:34 PM
americanbankingnews.com logoBarrick Gold Corp (ABX) Rating Lowered to Buy at Vetr Inc.
www.americanbankingnews.com - April 11 at 12:51 AM
investorplace.com logo3 Big Stock Charts for Monday: SPDR Gold Trust (ETF) (GLD), Barrick Gold Corp (USA) (ABX) and PowerShares DB ... - Investorplace.com
investorplace.com - April 10 at 8:18 PM
finance.yahoo.com logo3 Reasons You're Smart to Own Gold and Gold Stocks as Interest Rates Rise
finance.yahoo.com - April 10 at 3:18 PM
investorplace.com logo3 Big Stock Charts for Monday: SPDR Gold Trust (ETF) (GLD), Barrick Gold Corp (USA) (ABX) and PowerShares DB US Dollar Index Bullish (UUP)
investorplace.com - April 10 at 1:04 PM
americanbankingnews.com logoJefferies Group LLC Reiterates "Buy" Rating for Barrick Gold Corp (ABX)
www.americanbankingnews.com - April 8 at 12:02 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - April 7 at 6:30 PM
finance.yahoo.com logoGold Glitters Again as the Attack On Syria Rattles Markets
finance.yahoo.com - April 7 at 3:17 PM
streetinsider.com logoBarrick Gold (ABX) to Divest 50% of Veladero Mine for $960M in Cooperation Agreement with Shangdong Gold
www.streetinsider.com - April 7 at 5:34 AM
seekingalpha.com logoBarrick Gold: High Yield Potential
seekingalpha.com - April 7 at 5:34 AM
finance.yahoo.com logoBarrick's (ABX) Veladero Mine Operations Halted, View Intact
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoWhat Affected Goldcorp Stock in 1Q17?
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoMixed Performances of Mining Stocks in 2017 So Far
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoChina's Shandong in advanced talks to buy half of Barrick's Veladero mine: sources
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoBarrick Announces Strategic Cooperation Agreement with Shandong Gold
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logo[$$] Barrick sells half of Argentine mine to China's Shandong
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoHow Analyst Recommendations Changed for Gold Miners in 1Q17
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoHow Barrick Gold Correlates to Gold
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoWhich Gold Miners Have Upside Valuation Potential after 1Q17?
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoReading the RSI levels of Mining Shares in April
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoBarrick Gold Partners With Shandong Gold Mining In South America
finance.yahoo.com - April 7 at 5:34 AM
finance.yahoo.com logoBarrick Gold Corporation -- Moody's says Barrick's Sale of Half of its Veladero Mine is Credit Positive
finance.yahoo.com - April 7 at 5:34 AM
americanbankingnews.com logoBarrick Gold Corp's (ABX) Buy Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - April 6 at 8:02 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Earns Buy Rating from BMO Capital Markets
www.americanbankingnews.com - April 5 at 8:55 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Stock Rating Lowered by Vetr Inc.
www.americanbankingnews.com - April 5 at 1:00 AM
americanbankingnews.com logoBarrick Gold Corp (ABX) Upgraded to Buy at Vetr Inc.
www.americanbankingnews.com - April 4 at 8:08 AM
finance.yahoo.com logoThe 5 Hottest Gold Stocks In The Market Today
finance.yahoo.com - April 3 at 8:26 PM
finance.yahoo.com logoBarrick Reschedules First Quarter 2017 Earnings Release
finance.yahoo.com - March 31 at 8:27 PM
nasdaq.com logoBarrick's Argentina Mine Shut Down After Another Spill
www.nasdaq.com - March 31 at 3:25 PM
us.rd.yahoo.com logoAre Analysts Happy about the Goldcorp–Barrick Gold Arrangement?
us.rd.yahoo.com - March 31 at 3:24 PM

Social

Frequently Asked Questions for Barrick Gold Corp (NYSE:ABX)

What is Barrick Gold Corp's stock symbol?

Barrick Gold Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "ABX."

How often does Barrick Gold Corp pay dividends? What is the dividend yield for Barrick Gold Corp?

Barrick Gold Corp declared a quarterly dividend on Wednesday, February 15th. Shareholders of record on Tuesday, February 28th will be paid a dividend of $0.03 per share on Wednesday, March 15th. This represents a $0.12 annualized dividend and a yield of 0.63%. The ex-dividend date of this dividend is Friday, February 24th. This is a positive change from Barrick Gold Corp's previous quarterly dividend of $0.02.

How were Barrick Gold Corp's earnings last quarter?

Barrick Gold Corp (NYSE:ABX) issued its earnings results on Wednesday, February, 15th. The company reported $0.22 EPS for the quarter, beating the consensus estimate of $0.20 by $0.02. The business earned $2.32 million during the quarter, compared to analysts' expectations of $2.27 billion. Barrick Gold Corp had a positive return on equity of 6.81% and a negative net margin of 28.22%.

Where is Barrick Gold Corp's stock going? Where will Barrick Gold Corp's stock price be in 2017?

15 analysts have issued 12 month price objectives for Barrick Gold Corp's stock. Their forecasts range from $15.20 to $34.00. On average, they expect Barrick Gold Corp's stock price to reach $23.32 in the next twelve months.

What are analysts saying about Barrick Gold Corp stock?

Here are some recent quotes from research analysts about Barrick Gold Corp stock:

  • 1. According to Zacks Investment Research, "Barrick is exposed to a volatile gold pricing environment. Moreover, the company continues to see pressure on its top line. Lower expected gold production (on a year over year basis) could weigh on its sales in 2016. The company's falling gold reserve base is another concern. Barrick is also facing headwinds due to a sluggish recovery in Europe. However, Barrick has outperformed the Zacks categorized Mining-Gold industry over a year." (2/13/2017)
  • 2. Goldman Sachs Group Inc analysts commented, "Conviction Buy" (10/5/2016)

Who owns Barrick Gold Corp stock?

Barrick Gold Corp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include ANTIPODES PARTNERS Ltd (0.13%), Hexavest Inc. (0.09%), Foundation Resource Management Inc. (0.04%), Gulf International Bank UK Ltd (0.03%), James Investment Research Inc. (0.03%) and Sanders Morris Harris Inc. (0.01%).

Who sold Barrick Gold Corp stock? Who is selling Barrick Gold Corp stock?

Barrick Gold Corp's stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., Rothschild Investment Corp IL, Butensky & Cohen Financial Security Inc., Highland Capital Management LLC, Edge Wealth Management LLC, Huntington National Bank, Rathbone Brothers plc and Addison Capital Co.

Who bought Barrick Gold Corp stock? Who is buying Barrick Gold Corp stock?

Barrick Gold Corp's stock was acquired by a variety of institutional investors in the last quarter, including Hexavest Inc., ANTIPODES PARTNERS Ltd, Harwood Advisory Group LLC, Gulf International Bank UK Ltd, Sanders Morris Harris Inc., First Manhattan Co., Sigma Planning Corp and Gemmer Asset Management LLC.

How do I buy Barrick Gold Corp stock?

Shares of Barrick Gold Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Barrick Gold Corp stock cost?

One share of Barrick Gold Corp stock can currently be purchased for approximately $19.04.

Barrick Gold Corp (ABX) Chart for Monday, April, 24, 2017

This page was last updated on 4/24/2017 by MarketBeat.com Staff