Barrick Gold Corporation Company Profile (NYSE:ABX)

About Barrick Gold Corporation (NYSE:ABX)

Barrick Gold Corporation 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 Mining
  • Sub-Industry: N/A
  • Symbol: NYSE:ABX
  • CUSIP: N/A
  • Web: www.barrick.com
Capitalization:
  • Market Cap: $18.67 billion
  • Outstanding Shares: 1,166,003,000
Average Prices:
  • 50 Day Moving Avg: $16.77
  • 200 Day Moving Avg: $16.85
  • 52 Week Range: $13.81 - $20.78
P/E:
  • Trailing P/E Ratio: 7.94
  • Foreward P/E Ratio: 19.52
  • P/E Growth: -2.92
Sales & Book Value:
  • Annual Revenue: $8.77 billion
  • Price / Sales: 2.13
  • Book Value: $8.27 per share
  • Price / Book: 1.94
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 0.8%
Profitability:
  • EBITDA: $4.42 billion
  • Net Margins: 26.95%
  • Return on Equity: 8.91%
  • Return on Assets: 3.71%
Debt:
  • Debt-to-Equity Ratio: 0.63%
  • Current Ratio: 3.56%
  • Quick Ratio: 2.33%
Misc:
  • Average Volume: 9.51 million shs.
  • Beta: -0.34
  • Short Ratio: 1.36
 

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

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, July 26th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.03 per share on Friday, September 15th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend is Tuesday, August 29th. View Barrick Gold Corporation's Dividend History.

How were Barrick Gold Corporation's earnings last quarter?

Barrick Gold Corporation (NYSE:ABX) posted its earnings results on Wednesday, July, 26th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.05. The firm had revenue of $2.16 billion for the quarter, compared to analysts' expectations of $2.03 billion. Barrick Gold Corporation had a net margin of 26.95% and a return on equity of 8.91%. The firm's quarterly revenue was up 7.4% on a year-over-year basis. During the same period last year, the company posted $0.14 earnings per share. View Barrick Gold Corporation's Earnings History.

When will Barrick Gold Corporation make its next earnings announcement?

Barrick Gold Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Barrick Gold Corporation.

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

13 brokerages have issued 1-year price objectives for Barrick Gold Corporation's stock. Their forecasts range from $16.40 to $22.50. On average, they expect Barrick Gold Corporation's stock price to reach $19.99 in the next year. View Analyst Ratings for Barrick Gold Corporation.

What are analysts saying about Barrick Gold Corporation stock?

Here are some recent quotes from research analysts about Barrick Gold Corporation 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 the past three months. Barrick is exposed to a volatile gold pricing environment. The company's falling gold reserve base, declining production along with the limited supply of gold as new deposits are other concerns." (7/21/2017)
  • 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)

Who are some of Barrick Gold Corporation's key competitors?

Who are Barrick Gold Corporation's key executives?

Barrick Gold Corporation's management team includes the folowing people:

  • John Lawson Thornton, Non-Independent Executive Chairman of the Board
  • Kelvin P. M. Dushnisky J.D., President, Director
  • Catherine Philippa Raw, Chief Financial Officer, Executive Vice President
  • Richard J.E Williams, Chief Operating Officer
  • Robert L. Krcmarov, Executive Vice President - Exploration and Growth
  • Darian Kevin Rich, Executive Vice President - Talent Management
  • Kevin James Thomson, Senior Executive Vice President - Strategic Matters
  • Mark Hill, Chief Investment Officer
  • Kathy Sipos, Chief of Staff
  • J. Brett Harvey, Lead Independent Director

Who owns Barrick Gold Corporation stock?

Barrick Gold Corporation's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include APG Asset Management N.V. (0.88%), Strs Ohio (0.11%), Centre Asset Management LLC (0.04%), River & Mercantile Asset Management LLP (0.02%), Sanders Morris Harris LLC (0.02%) and Butensky & Cohen Financial Security Inc. (0.01%). View Institutional Ownership Trends for Barrick Gold Corporation.

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 APG Asset Management N.V., Edge Wealth Management LLC and Honkamp Krueger Financial Services Inc.. View Insider Buying and Selling for Barrick Gold Corporation.

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

Barrick Gold Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Centre Asset Management LLC, River & Mercantile Asset Management LLP, Strs Ohio, Sanders Morris Harris LLC and Butensky & Cohen Financial Security Inc.. View Insider Buying and Selling for Barrick Gold Corporation.

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.

What is Barrick Gold Corporation's stock price today?

One share of Barrick Gold Corporation stock can currently be purchased for approximately $16.01.


MarketBeat Community Rating for Barrick Gold Corporation (NYSE ABX)
Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  452 (Vote Outperform)
Underperform Votes:  755 (Vote Underperform)
Total Votes:  1,207
MarketBeat's community ratings are surveys of what our community members think about Barrick Gold Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Barrick Gold Corporation (NYSE:ABX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 8 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.38)
Consensus Price Target: $19.99 (24.86% upside)
Consensus Price Target History for Barrick Gold Corporation (NYSE:ABX)
Price Target History for Barrick Gold Corporation (NYSE:ABX)
Analysts' Ratings History for Barrick Gold Corporation (NYSE:ABX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Jefferies Group LLCSet Price TargetBuy$20.00N/AView Rating Details
10/12/2017TD SecuritiesSet Price TargetHold$20.00N/AView Rating Details
9/24/2017Credit Suisse GroupReiterated RatingBuy$22.00MediumView Rating Details
9/7/2017Royal Bank Of CanadaReiterated RatingOutperformMediumView Rating Details
9/6/2017Citigroup Inc.Reiterated RatingBuyMediumView Rating Details
8/23/2017BMO Capital MarketsSet Price TargetHold$18.00LowView Rating Details
6/29/2017Berenberg BankUpgradeSell -> Hold$16.13 -> $16.40MediumView Rating Details
6/25/2017Deutsche Bank AGReiterated RatingBuy$22.00 -> $21.00LowView Rating Details
6/15/2017Raymond James Financial, Inc.Reiterated RatingMarket Perform -> Market Perform$19.00LowView Rating Details
6/1/2017Barclays PLCReiterated RatingEqual Weight$22.00 -> $20.00LowView Rating Details
4/25/2017ScotiabankReiterated RatingSector Perform$22.50HighView Rating Details
2/15/2017Clarkson CapitalDowngradeBuy -> NeutralN/AView Rating Details
10/31/2016MackieUpgradeSell -> HoldN/AView Rating Details
10/5/2016Goldman Sachs Group, Inc. (The)Reiterated RatingConviction-Buy -> Buy$27.00N/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
3/16/2016J P Morgan Chase & CoReiterated RatingHoldN/AView Rating Details
1/8/2016Sterne Agee CRTUpgradeNeutral -> Buy$12.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Barrick Gold Corporation (NYSE:ABX)
Earnings by Quarter for Barrick Gold Corporation (NYSE:ABX)
Earnings History by Quarter for Barrick Gold Corporation (NYSE ABX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017$0.18N/AView Earnings Details
7/26/20176/30/2017$0.17$0.22$2.03 billion$2.16 billionViewN/AView Earnings Details
4/24/20173/31/2017$0.21$0.14$2.22 billion$1.99 billionViewN/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 Corporation (NYSE:ABX)
2017 EPS Consensus Estimate: $1.09
2018 EPS Consensus Estimate: $0.92
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.22$0.32$0.27
Q2 20173$0.27$0.32$0.29
Q3 20173$0.17$0.31$0.25
Q4 20173$0.24$0.31$0.28
Q1 20181$0.23$0.23$0.23
Q2 20181$0.23$0.23$0.23
Q3 20181$0.23$0.23$0.23
Q4 20181$0.23$0.23$0.23
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Barrick Gold Corporation (NYSE:ABX)
Most Recent Dividend:9/15/2017
Annual Dividend:$0.12
Dividend Yield:0.75%
Dividend Growth:-45.70% (3 Year Average)
Payout Ratio:5.94% (Trailing 12 Months of Earnings)
16.00% (Based on This Year's Estimates)
14.63% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Barrick Gold Corporation (NYSE:ABX)

Dividend History by Quarter for Barrick Gold Corporation (NYSE ABX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/26/2017quarterly$0.030.72%8/29/20178/31/20179/15/2017
4/25/2017quarterly$0.030.71%5/26/20175/31/20176/15/2017
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

Headline Trends for Barrick Gold Corporation (NYSE:ABX)
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Chart

Barrick Gold Corporation (ABX) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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