Barrick Gold Corporation Company Profile (NYSE:ABX)

About Barrick Gold Corporation

Barrick Gold Corporation logoBarrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. Barricks' segments include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project. Its material properties include Cortez Property, Goldstrike Property, Pueblo Viejo Mine, Lagunas Norte Mine and Veladero Mine. The Company's gold mines include Bulyanhulu, Buzwagi, North Mara, Kalgoorlie, Porgera, Williams Mine, Goldstrike Open Pit, Goldstrike Underground, South Arturo, Round Mountain, Bald Mountain, Cortez, Golden Sunlight, Turquoise Ridge, Pueblo Viejo, Lagunas Norte, Pascua-Lama, Cerro Casale and Veladero. Its copper mines include Zaldivar, Lumwana and Jabal Sayid.

Industry, Sector and Symbol:
  • Sector: Basic Materials
  • Industry: Gold
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ABX
  • CUSIP:
Key Metrics:
  • Previous Close: $19.69
  • 50 Day Moving Average: $18.36
  • 200 Day Moving Average: $17.35
  • 52-Week Range: $12.64 - $23.47
  • Trailing P/E Ratio: 35.16
  • Foreward P/E Ratio: 24.61
  • P/E Growth: 1.10
  • Market Cap: $22.95B
  • 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%
Additional Links:
Companies Related to Barrick Gold Corporation:

Analyst Ratings

Consensus Ratings for Barrick Gold Corporation (NYSE:ABX) (?)
Ratings Breakdown: 1 Sell Rating, 9 Hold Ratings, 8 Buy Ratings
Consensus Rating:Hold (Score: 2.39)
Consensus Price Target: $21.53 (9.34% upside)

Analysts' Ratings History for Barrick Gold Corporation (NYSE:ABX)
Show:
DateFirmActionRatingPrice TargetDetails
2/15/2017Clarkson CapitalDowngradeBuy -> NeutralView Rating Details
2/16/2017Berenberg BankReiterated RatingSell$15.20View Rating Details
2/15/2017Credit Suisse GroupReiterated RatingBuy$23.00View Rating Details
2/2/2017BMO Capital MarketsSet Price TargetBuy$20.00View Rating Details
1/11/2017Barclays PLCReiterated RatingHold$20.00View Rating Details
1/3/2017RBC Capital MarketsReiterated RatingHold$19.00View Rating Details
12/21/2016TD SecuritiesDowngradeBuy -> Hold$25.00 -> $18.00View Rating Details
10/31/2016MackieUpgradeSell -> HoldView Rating Details
10/17/2016Citigroup Inc.Reiterated RatingBuyView Rating Details
10/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingConviction-Buy -> Buy$27.00View Rating Details
10/3/2016Deutsche Bank AGUpgradeHold -> Buy$22.00View Rating Details
8/10/2016Canaccord GenuityReiterated RatingBuy$34.00View Rating Details
8/10/2016ArgusReiterated RatingBuy$23.00 -> $26.00View Rating Details
8/9/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$20.00View Rating Details
7/28/2016Jefferies Group LLCReiterated RatingBuy$26.00View Rating Details
5/9/2016Royal Bank Of CanadaBoost Price TargetSector Perform$16.00 -> $18.00View Rating Details
3/29/2016CIBCBoost Price TargetSector Performer$11.25 -> $13.25View Rating Details
3/16/2016J P Morgan Chase & CoReiterated RatingHoldView Rating Details
1/8/2016Sterne Agee CRTUpgradeNeutral -> Buy$12.00View Rating Details
9/8/2015HSBC Holdings plcReiterated RatingBuy$12.70 -> $9.90View Rating Details
8/19/2015MacquarieUpgradeUnderperform -> NeutralView Rating Details
8/10/2015ScotiabankLower Price Target$15.00 -> $13.50View Rating Details
7/18/2015Dundee SecuritiesLower Price TargetNeutral$17.00 -> $13.75View Rating Details
(Data available from 2/24/2015 forward)

Earnings

Earnings History for Barrick Gold Corporation (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 Corporation (NYSE:ABX)
Current Year EPS Consensus Estimate: $0.79 EPS
Next Year EPS Consensus Estimate: $0.80 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 Corporation (NYSE:ABX)
Annual Dividend:$0.08
Dividend Yield:0.41%
Dividend Growth:-45.70% (3 Year Average)
Payout Ratio:-3.90% (Based on Trailing 12 Months of Earnings)
10.13% (Based on Current Year Consensus EPS Estimate)
10.00% (Based on Next Year Consensus EPS Estimate)

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

Headlines

Latest Headlines for Barrick Gold Corporation (NYSE:ABX)
DateHeadline
News IconIs Barrick Gold Corporation (NYSE:ABX) in Overbought Territory? - The Oracle Examiner (NYSE:ABX)
oracleexaminer.com - February 23 at 3:17 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
capitalcube.com logoBarrick Gold Corp. :ABX-US: Earnings Analysis: 2016 By the Numbers : February 21, 2017 (NYSE:ABX)
www.capitalcube.com - February 21 at 3:32 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
News IconWhat Analysts Report Shows About Barrick Gold Corporation (NYSE:ABX)? - Transcript Daily (NYSE:ABX)
transcriptdaily.com - February 20 at 5:14 AM
News IconBarrick Gold Corporation (NYSE:ABX) Shares on the Go mid-Session - Winfield Review (NYSE:ABX)
winfieldreview.com - February 19 at 5:16 AM
News IconBrokers Issue New Targets On Barrick Gold Corporation (NYSE:ABX) (NYSE:ABX)
xboxonezone.com - February 18 at 9:22 AM
marketexclusive.com logoAnalyst Activity – Royal Bank Of Canada Reiterates Sector Perform on Barrick Gold Corp. (TSE:ABX) (NYSE:ABX)
marketexclusive.com - February 17 at 6:51 PM
finance.yahoo.com logoBarrick Gold Corp.: The Glitter in its Gold Is Shining Brighter (NYSE:ABX)
ca.finance.yahoo.com - February 17 at 6:51 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
finance.yahoo.com logoBillionaire Soros Dumps Barrick Gold Corp.: Good Move or Big Mistake? (NYSE:ABX)
ca.finance.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
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
smarteranalyst.com logoBarrick Gold Corporation (USA) (ABX) Announces 4Q:16 and Full-Year Financial Results - Smarter Analyst (NYSE:ABX)
www.smarteranalyst.com - February 16 at 6:00 AM
seekingalpha.com logoBarrick Gold: A Blowout Earnings - Seeking Alpha (NYSE:ABX)
seekingalpha.com - February 16 at 6:00 AM
sg.finance.yahoo.com logoBarrick Gold beats 4Q profit forecasts (NYSE:ABX)
sg.finance.yahoo.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
finance.yahoo.com logoSoros liquidated Barrick Gold shares in fourth quarter 2016: filing (NYSE:ABX)
finance.yahoo.com - February 14 at 8:22 PM
investors.com logoGold Miners, NetEase, Applied Materials, Cisco: Investing Action Plan (NYSE:ABX)
www.investors.com - February 14 at 3:20 PM
News IconTrading Vision: Active Stock Focus on Shares of Barrick Gold Corporation (NYSE:ABX) - Winfield Review (NYSE:ABX)
winfieldreview.com - February 13 at 8:21 PM
News IconBarrick Gold Corporation (NYSE:ABX) Price Target Expected At $19.154 - Transcript Daily (NYSE:ABX)
transcriptdaily.com - February 11 at 3:16 PM
barrons.com logo[$$] The Barrick Dilemma (NYSE:ABX)
www.barrons.com - February 11 at 3:16 PM
marketrealist.com logoHow Could Barrick Gold Reduce Its Debt Further? (NYSE:ABX)
marketrealist.com - February 10 at 3:18 PM
News IconLarge Cap Gold: Barrick Gold Corporation (NYSE:ABX) (NYSE:ABX)
twincountynews.com - February 9 at 8:13 PM
News IconBarrick Gold Corporation (NYSE:ABX) EPS Projection Set At $0.16 - Transcript Daily (NYSE:ABX)
transcriptdaily.com - February 9 at 3:12 PM
finance.yahoo.com logoShould You Steer Clear of Gold Stocks? (NYSE:ABX)
finance.yahoo.com - February 9 at 1:23 AM
finance.yahoo.com logoNewmont Mining Will Continue to Move Higher (NYSE:ABX)
finance.yahoo.com - February 8 at 3:21 PM
marketrealist.com logoAnalyzing the Volatility of Miners in February 2017 (NYSE:ABX)
marketrealist.com - February 8 at 3:21 PM
News IconBarrick Gold Corporation (NYSE:ABX) Equity Price Target Fixed At $19.154 - Transcript Daily (NYSE:ABX)
transcriptdaily.com - February 7 at 8:21 PM
nasdaq.com logoABX Crosses Above Average Analyst Target - Nasdaq (NYSE:ABX)
www.nasdaq.com - February 7 at 3:20 PM
News IconHussman Strategic Advisors Cuts Position in Barrick Gold Corporation (USA) (ABX) by $8298000 - Highland Mirror (NYSE:ABX)
www.highlandmirror.com - February 7 at 3:20 PM
finance.yahoo.com logoGold Stocks Surge as Precious Metal Prices Hit Three Month High: Today's Reports on Barrick Gold and Yamana Gold (NYSE:ABX)
finance.yahoo.com - February 7 at 3:20 PM
baystreet.ca logoBullfrog Gold (BFGC) Announces Metallurgical Testing and Drill Data From its Nevada Project (NYSE:ABX)
ir.baystreet.ca - February 7 at 3:20 PM
us.rd.yahoo.com logo[$$] Investor anxieties give US gold miners a boost (NYSE:ABX)
us.rd.yahoo.com - February 7 at 1:23 AM

Social

What is Barrick Gold Corporation's stock symbol?

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

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

Barrick Gold Corporation declared a quarterly dividend on Wednesday, February 15th. Shareholders 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 yield of 0.61%. The ex-dividend date of this dividend is Friday, February 24th. This is a boost from Barrick Gold Corporation's previous quarterly dividend of $0.02.

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

18 brokerages have issued 1 year target prices for Barrick Gold Corporation's stock. Their predictions range from $13.25 to $34.00. On average, they anticipate Barrick Gold Corporation's stock price to reach $21.53 in the next twelve months.

What are analysts saying about Barrick Gold Corporation stock?

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

  • 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)

  • Goldman Sachs Group, Inc. (The) analysts commented, "Conviction Buy" (10/5/2016)

Who owns Barrick Gold Corporation stock?

Barrick Gold Corporation's stock is owned by a variety of of institutional and retail 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 Corporation stock? Who is selling Barrick Gold Corporation stock?

Barrick Gold Corporation'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 Corporation stock? Who is buying Barrick Gold Corporation stock?

Barrick Gold Corporation's stock was purchased 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 Corporation stock?

Shares of Barrick Gold Corporation 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 Corporation stock cost?

One share of Barrick Gold Corporation stock can currently be purchased for approximately $19.69.

Barrick Gold Corporation (NYSE:ABX) Chart for Friday, February, 24, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Barrick Gold Corporation (NYSE:ABX)

Earnings History Chart

Earnings by Quarter for Barrick Gold Corporation (NYSE:ABX)

Dividend History Chart

Dividend Payments by Quarter for Barrick Gold Corporation (NYSE:ABX)

Last Updated on 2/24/2017 by MarketBeat.com Staff