NYSE:ABX - Barrick Gold Stock Price, Price Target & More

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$12.85 +0.03 (+0.23 %)
(As of 06/22/2018 04:22 AM ET)
Previous Close$12.82
Today's Range$12.72 - $12.9150
52-Week Range$11.07 - $18.35
Volume5.55 million shs
Average Volume8.37 million shs
Market Capitalization$14.96 billion
P/E Ratio17.13
Dividend Yield0.94%
Beta-0.15
Barrick Gold logoBarrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the Zaldívar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia. It also owns gold mines and exploration properties in Africa; and gold projects located in South America and North America. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

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Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:ABX
CUSIPN/A
Phone416-682-3860

Debt

Debt-to-Equity Ratio0.56
Current Ratio2.82
Quick Ratio1.71

Price-To-Earnings

Trailing P/E Ratio17.13
Forward P/E Ratio16.69
P/E Growth8.34

Sales & Book Value

Annual Sales$8.37 billion
Price / Sales1.79
Cash Flow$2.1669 per share
Price / Cash5.93
Book Value$9.49 per share
Price / Book1.35

Profitability

EPS (Most Recent Fiscal Year)$0.75
Net Income$1.44 billion
Net Margins11.22%
Return on Equity7.62%
Return on Assets3.43%

Miscellaneous

Employees18,180
Outstanding Shares1,166,900,000

Barrick Gold (NYSE:ABX) Frequently Asked Questions

What is Barrick Gold's stock symbol?

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

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

Barrick Gold announced a quarterly dividend on Tuesday, April 24th. Investors of record on Thursday, May 31st will be given a dividend of $0.03 per share on Friday, June 15th. This represents a $0.12 annualized dividend and a yield of 0.93%. The ex-dividend date is Wednesday, May 30th. View Barrick Gold's Dividend History.

How were Barrick Gold's earnings last quarter?

Barrick Gold Corp (NYSE:ABX) released its quarterly earnings results on Monday, April, 23rd. The basic materials company reported $0.15 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.14 by $0.01. The basic materials company earned $1.79 billion during the quarter, compared to analyst estimates of $1.81 billion. Barrick Gold had a return on equity of 7.62% and a net margin of 11.22%. The business's revenue was down 10.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 EPS. View Barrick Gold's Earnings History.

When is Barrick Gold's next earnings date?

Barrick Gold is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Barrick Gold.

What price target have analysts set for ABX?

18 brokers have issued 12 month price objectives for Barrick Gold's stock. Their forecasts range from $11.00 to $19.00. On average, they expect Barrick Gold's share price to reach $15.9929 in the next twelve months. View Analyst Ratings for Barrick Gold.

What are Wall Street analysts saying about Barrick Gold stock?

Here are some recent quotes from research analysts about Barrick Gold stock:
  • 1. According to Zacks Investment Research, "Barrick should gain from its cost management initiatives, progress of its key projects and efforts to digitalize its mines. We are also encouraged by its debt-reduction actions. However, Barrick has underperformed the industry it belongs to over a year. The company faces headwinds from lower expected production and higher costs in 2018. This may hurt its margins in 2018. The company's falling gold reserve base is another concern. It is also exposed to a volatile gold pricing environment." (4/23/2018)
  • 2. TD Securities analysts commented, "We are maintaining our HOLD recommendation and $20.00 target price. While we believe that Barrick’s initiatives in Nevada will bear fruit, at this point we have no way to quantify the benefits. Better clarity on the company’s production profile over the medium term would enable us to become more positive on the shares. 26 26 24 24 22 22 20 20 18 18 16 16 14 14 12 12 Jun-17 Apr-17 Feb-17 Dec-16 Oct-16 Aug-16 ABX-N: Price Company Profile Barrick Gold is the world’s largest producer of gold, with 12 operating mines. Barrick’s operations are primarily concentrated in Nevada, Australia, South America, and Tanzania." (6/27/2017)

Are investors shorting Barrick Gold?

Barrick Gold saw a decrease in short interest in the month of May. As of May 31st, there was short interest totalling 11,474,695 shares, a decrease of 24.7% from the May 15th total of 15,238,339 shares. Based on an average daily volume of 6,845,895 shares, the days-to-cover ratio is presently 1.7 days. View Barrick Gold's Current Options Chain.

Who are some of Barrick Gold's key competitors?

Who are Barrick Gold's key executives?

Barrick Gold's management team includes the folowing people:
  • Mr. John Lawson Thornton, Exec. Chairman & Member of International Advisory Board (Age 64)
  • Mr. Kelvin P. M. Dushnisky B.Sc. (Hon.), J.D., M.Sc., LL.B., Pres & Director (Age 54)
  • Ms. Catherine P. Raw CFA, Exec. VP & CFO (Age 36)
  • Mr. Kevin J. Thomson, Sr. Exec. VP of Strategic Matters (Age 61)
  • Mr. Richard J. E. Williams, Chairman's Exec. Envoy to Tanzania (Age 51)

Has Barrick Gold been receiving favorable news coverage?

Media coverage about ABX stock has been trending positive this week, Accern Sentiment reports. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Barrick Gold earned a daily sentiment score of 0.31 on Accern's scale. They also assigned news stories about the basic materials company an impact score of 45.44 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

Who are Barrick Gold's major shareholders?

Barrick Gold's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (5.01%), Flossbach Von Storch AG (3.64%), First Eagle Investment Management LLC (3.05%), Franklin Resources Inc. (2.61%), CIBC World Markets Inc. (1.12%) and Commerzbank Aktiengesellschaft FI (0.91%). View Institutional Ownership Trends for Barrick Gold.

Which institutional investors are selling Barrick Gold stock?

ABX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Franklin Resources Inc., Toronto Dominion Bank, Millennium Management LLC, Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, CIBC Asset Management Inc, Russell Investments Group Ltd. and Korea Investment CORP. View Insider Buying and Selling for Barrick Gold.

Which institutional investors are buying Barrick Gold stock?

ABX stock was acquired by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, Flossbach Von Storch AG, Jupiter Asset Management Ltd., Contrarius Investment Management Ltd, Commerzbank Aktiengesellschaft FI, Elephas Investment Management Ltd, Scheer Rowlett & Associates Investment Management Ltd. and Great West Life Assurance Co. Can. View Insider Buying and Selling for Barrick Gold.

How do I buy shares of Barrick Gold?

Shares of ABX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Barrick Gold's stock price today?

One share of ABX stock can currently be purchased for approximately $12.85.

How big of a company is Barrick Gold?

Barrick Gold has a market capitalization of $14.96 billion and generates $8.37 billion in revenue each year. The basic materials company earns $1.44 billion in net income (profit) each year or $0.75 on an earnings per share basis. Barrick Gold employs 18,180 workers across the globe.

How can I contact Barrick Gold?

Barrick Gold's mailing address is 161 BAY STREET BROOKFIELD PLACE TD CANADA TRUST TOWER SUITE 3700, Toronto A6, M5J2S1. The basic materials company can be reached via phone at 416-682-3860 or via email at [email protected]


MarketBeat Community Rating for Barrick Gold (ABX)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  493 (Vote Outperform)
Underperform Votes:  856 (Vote Underperform)
Total Votes:  1,349
MarketBeat's community ratings are surveys of what our community members think about Barrick Gold and other stocks. Vote "Outperform" if you believe ABX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ABX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/22/2018 by MarketBeat.com Staff

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