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: $19.48
  • 50 Day Moving Average: $18.98
  • 200 Day Moving Average: $17.14
  • 52-Week Range: $13.04 - $23.47
  • Trailing P/E Ratio: 34.50
  • Foreward P/E Ratio: 22.65
  • P/E Growth: 1.24
  • Market Cap: $22.52B
  • 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, 6 Hold Ratings, 9 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $22.39 (14.93% upside)

Analysts' Ratings History for Barrick Gold Corp (NYSE:ABX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/16/2017Royal Bank of CanadaUpgradeSector Perform -> Outperform$19.00 -> $23.00LowView Rating Details
3/14/2017Jefferies Group LLCSet Price TargetBuy$21.00HighView 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
2/2/2017BMO Capital MarketsSet Price TargetBuy$20.00N/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 3/23/2015 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
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
10/29/2015Q315$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
4/27/2015Q115$0.09$0.05$2.48 billion$2.25 billionViewN/AView Earnings Details
10/29/2014Q314$0.17$0.19$2.47 billion$2.60 billionViewN/AView Earnings Details
7/30/2014Q214$0.28$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)
Current Year EPS Consensus Estimate: $0.83 EPS
Next Year EPS Consensus Estimate: $0.86 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$0.09$0.11$0.10
Q2 20164$0.10$0.16$0.14
Q3 20164$0.16$0.21$0.18
Q4 20164$0.15$0.23$0.19
Q1 20173$0.22$0.32$0.27
Q2 20173$0.22$0.32$0.27
Q3 20173$0.22$0.31$0.27
Q4 20173$0.22$0.31$0.27
(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:0.41%
Dividend Growth:-45.70% (3 Year Average)
Payout Ratio:-3.90% (Trailing 12 Months of Earnings)
9.64% (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
nasdaq.com logoCANADA STOCKS-TSX rises as financials gain ground - Nasdaq (NYSE:ABX)
www.nasdaq.com - March 23 at 3:26 PM
investorplace.com logoTrade of the Day: Barrick Gold Corp (USA) (ABX) Stock Is Shining - Investorplace.com (NYSE:ABX)
investorplace.com - March 23 at 3:26 PM
seekingalpha.com logoGDX: Will This Be A Good Year? (NYSE:ABX)
seekingalpha.com - March 22 at 3:17 PM
finance.yahoo.com logoWhy Is Barrick Gold (ABX) Down 7.8% Since the Last Earnings Report? (NYSE:ABX)
finance.yahoo.com - March 22 at 3:17 PM
investorplace.com logoTrade of the Day: Barrick Gold Corp (USA) (ABX) Stock Is Shining (NYSE:ABX)
investorplace.com - March 22 at 8:30 AM
us.rd.yahoo.com logoFirst Quarter 2017 Results Release on April 25 (NYSE:ABX)
us.rd.yahoo.com - March 21 at 3:35 PM
News IconBarrick Gold Corp (ABX) Stock Rating Lowered by Vetr Inc. (NYSE:ABX)
www.americanbankingnews.com - March 21 at 8:28 AM
nasdaq.com logoICSID Issues Decision In Favor Of Antofagasta, Barrick In Reko Diq Case - Nasdaq (NYSE:ABX)
www.nasdaq.com - March 21 at 8:10 AM
finance.yahoo.com logoICSID Issues Decision in Favor of Antofagasta plc and Barrick in Reko Diq Arbitration Proceedings (NYSE:ABX)
finance.yahoo.com - March 21 at 8:10 AM
finance.yahoo.com logo7:11 am Barrick Gold announces that an arbitration tribunal of the World Bank's International Center for Settlement of Investment Disputes issued a decision for an arbitration claim filed by the co's JV w/ Antofagasta against the Islamic Re (NYSE:ABX)
finance.yahoo.com - March 21 at 8:10 AM
nasdaq.com logoInteresting January 2019 Stock Options for ABX (NYSE:ABX)
www.nasdaq.com - March 20 at 3:32 PM
News IconResearch Analysts’ Recent Ratings Changes for Barrick Gold Corp (ABX) (NYSE:ABX)
www.americanbankingnews.com - March 20 at 9:54 AM
finance.yahoo.com logoGold Rises After Fed Rate Hike (NYSE:ABX)
finance.yahoo.com - March 16 at 4:49 PM
us.rd.yahoo.com logoBarrick Gold upgraded by RBC Capital Mkts (NYSE:ABX)
us.rd.yahoo.com - March 16 at 4:49 PM
us.rd.yahoo.com logoBarrick Gold: Wait, I Thought It Was an Upgrade?!?! (NYSE:ABX)
us.rd.yahoo.com - March 16 at 4:49 PM
News IconBarrick Gold Corp (ABX) Downgraded by Vetr Inc. (NYSE:ABX)
www.americanbankingnews.com - March 16 at 12:39 AM
barrons.com logo[$$] Gold-Mining Stocks Could Tumble More (NYSE:ABX)
www.barrons.com - March 15 at 3:20 PM
News IconBarrick Gold Corp. (ABX) Receives Average Recommendation of “Hold” from Brokerages (NYSE:ABX)
www.americanbankingnews.com - March 10 at 12:38 PM
News IconBarrick Gold Corp (ABX) Price Target Increased to $22.00 by Analysts at Barclays PLC (NYSE:ABX)
www.americanbankingnews.com - March 10 at 12:38 PM
finance.yahoo.com logoGold Prices Under Attack as Fed Rate Hike Looms: Today's Research Reports on Barrick Gold and Yamana Gold (NYSE:ABX)
finance.yahoo.com - March 7 at 3:18 PM
nasdaq.com logoInteresting May Stock Options for ABX (NYSE:ABX)
www.nasdaq.com - March 6 at 3:18 PM
blogs.barrons.com logoNewmont Mining: Down It Goes? (NYSE:ABX)
blogs.barrons.com - March 3 at 3:23 PM
fool.ca logoWhy Barrick Gold Corp. Remains a Great Investment - The Motley Fool Canada (NYSE:ABX)
www.fool.ca - February 23 at 3:17 PM
nasdaq.com logoBarrick Gold Corporation (ABX) Ex-Dividend Date Scheduled for February 24, 2017 - Nasdaq (NYSE:ABX)
www.nasdaq.com - February 23 at 3:17 PM
barrons.com logo[$$] Barrick Glitters Among Gold Peers (NYSE:ABX)
www.barrons.com - February 21 at 3:32 PM
fool.ca logoWhy Barrick Gold Corp. Is a Better Long-Term Play Than Goldcorp Inc. (NYSE:ABX)
www.fool.ca - February 20 at 3:17 PM
fool.com logoBetter Buy: Freeport-McMoRan Inc. vs. Barrick Gold (NYSE:ABX)
us.rd.yahoo.com - February 17 at 6:51 PM
capitalcube.com logoBarrick Gold Corp. :ABX-US: Earnings Analysis: Q4, 2016 By the Numbers : February 17, 2017 (NYSE:ABX)
us.rd.yahoo.com - February 17 at 6:51 PM
us.rd.yahoo.com logoBarrick Gold Has Massive Upside Potential (NYSE:ABX)
us.rd.yahoo.com - February 17 at 6:51 PM
us.rd.yahoo.com logoHere’s What Drove Barrick Gold’s Solid 4Q16 Earnings Beat (NYSE:ABX)
us.rd.yahoo.com - February 17 at 6:51 PM
us.rd.yahoo.com logoDrivers of Barrick Gold’s Reserves Growth Going Forward (NYSE:ABX)
us.rd.yahoo.com - February 17 at 6:51 PM
us.rd.yahoo.com logoBarrick Gold’s Production Profile Going Forward (NYSE:ABX)
us.rd.yahoo.com - February 17 at 6:51 PM
rttnews.com logoBarrick Gold Corp Reveals 180% Rise In Q4 Earnings (NYSE:ABX)
www.rttnews.com - February 16 at 8:17 PM
rttnews.com logoBarrick Gold Corp Reveals 180% Rise In Q4 Earnings (NYSE:ABX)
www.rttnews.com - February 16 at 8:17 PM
wsj.com logo[$$] Barrick Gold Posts First Annual Profit in Five Years (NYSE:ABX)
us.rd.yahoo.com - February 16 at 8:17 PM
wsj.com logo[$$] Barrick Gold Posts First Annual Profit in Five Years (NYSE:ABX)
us.rd.yahoo.com - February 16 at 8:17 PM
us.rd.yahoo.com logoBarrick Gold Nudges Up After Hours on Modest Earnings Results (NYSE:ABX)
us.rd.yahoo.com - February 16 at 8:17 PM
us.rd.yahoo.com logoCANADA STOCKS-TSX edges up on Barrick Gold, materials shares (NYSE:ABX)
us.rd.yahoo.com - February 16 at 8:17 PM
investorplace.com logo3 Stocks to Watch on Thursday: Barrick Gold Corporation (USA) (ABX), Cisco Systems, Inc. (CSCO) and Tripadvisor Inc ... - Investorplace.com (NYSE:ABX)
investorplace.com - February 16 at 3:16 PM
finance.yahoo.com logoBarrick (ABX) Beats on Q4 Earnings & Sales, Hikes Dividend (NYSE:ABX)
finance.yahoo.com - February 16 at 3:16 PM
blogs.barrons.com logoBarrick Gold: I Was Wrong (NYSE:ABX)
blogs.barrons.com - February 16 at 3:16 PM
bloomberg.com logoBarrick Supports Acacia-Endeavour Merger If Good for Investors (NYSE:ABX)
www.bloomberg.com - February 16 at 3:16 PM
seekingalpha.com logoBarrick Gold: A Blowout Earnings - Seeking Alpha (NYSE:ABX)
seekingalpha.com - February 16 at 6:00 AM
finance.yahoo.com logoBarrick posts market-beating profit, boosts spending (NYSE:ABX)
finance.yahoo.com - February 16 at 6:00 AM
finance.yahoo.com logoSoros liquidated Barrick Gold shares in Q4 2016 -filing (NYSE:ABX)
finance.yahoo.com - February 14 at 8:22 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. Stockholders of record on Tuesday, February 28th will be given a dividend of $0.03 per share on Wednesday, March 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.62%. 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) announced its quarterly earnings results on Wednesday, July, 27th. The company reported $0.14 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.15 by $0.01. The business had revenue of $2.01 billion for the quarter, compared to analysts' expectations of $2.02 billion. Barrick Gold Corp had a negative net margin of 28.22% and a positive return on equity of 6.81%. Barrick Gold Corp's quarterly revenue was down 9.8% compared to the same quarter last year. During the same period last year, the firm posted ($0.01) EPS.

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

16 brokerages have issued 12-month target prices for Barrick Gold Corp's stock. Their forecasts range from $13.25 to $34.00. On average, they anticipate Barrick Gold Corp's stock price to reach $22.39 in the next year.

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 number of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (6.08%), FMR LLC (1.41%), Franklin Resources Inc. (1.07%), Renaissance Technologies LLC (1.05%), Caxton Associates LP (0.97%) and Prudential PLC (0.84%).

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 FMR LLC, I.G. Investment Management LTD., Fiera Capital Corp, Bluestein R H & Co., Investec Asset Management LTD, AQR Capital Management LLC, Dimensional Fund Advisors LP and Thrivent Financial for Lutherans.

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 Van ECK Associates Corp, Caxton Associates LP, Russell Investments Group Ltd., Prudential PLC, ANTIPODES PARTNERS Ltd, Systematic Financial Management LP, Davidson Kempner Capital Management LP and Renaissance Technologies 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 $19.48.

Barrick Gold Corp (ABX) Chart for Thursday, March, 23, 2017

This page was last updated on 3/23/2017 by MarketBeat.com Staff