Free Trial

Barrick Gold (GOLD) Stock Price, News & Analysis

-0.40 (-2.36%)
(As of 06/21/2024 ET)
Today's Range
50-Day Range
52-Week Range
35.93 million shs
Average Volume
19.11 million shs
Market Capitalization
$29.07 billion
P/E Ratio
Dividend Yield
Price Target

Barrick Gold MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
30.4% Upside
$21.60 Price Target
Short Interest
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
1.53mentions of Barrick Gold in the last 14 days
Based on 6 Articles This Week
Insider Trading
Proj. Earnings Growth
From $1.06 to $1.36 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.35 out of 5 stars

Basic Materials Sector

27th out of 167 stocks

Gold & Silver Ores Industry

4th out of 35 stocks

GOLD stock logo

About Barrick Gold Stock (NYSE:GOLD)

Barrick Gold Corp is a global mining company in North America, South America, Africa and Australia. The company primarily focuses on the exploration and production of gold and copper, with additional interests in silver and other minerals. Founded in 1983, Barrick Gold has become one of the largest gold mining companies in the world, with a market capitalization of over $45 billion as of February 2023.

The company's flagship mine is the Cortez Gold Mine in Nevada, which has been in operation for over 50 years and is one of the largest gold mines in the world. Barrick Gold also has significant operations in other regions, including South America, where it operates the Pueblo Viejo mine in the Dominican Republic and the Veladero mine in Argentina. In Africa, the company operates the Kibali mine in the Democratic Republic of Congo and the Loulo-Gounkoto mine complex in Mali. In addition to gold mining, Barrick Gold has begun exploring copper and other minerals, with significant projects in Chile and Saudi Arabia.

As a significant player in the mining industry, Barrick Gold has faced many challenges over the years. One of the biggest challenges for the company has been managing its environmental impact. The mining industry is notorious for its effect on the environment, with mines often leaving behind polluted water, soil and air. In recent years, Barrick Gold has made a concerted effort to reduce its environmental impact, including investing in renewable energy and water treatment technology.

In addition to environmental concerns, Barrick Gold has also faced challenges related to its social impact. For example, mining companies often operate in remote regions where local communities may depend on the land for their livelihoods. To address these concerns, Barrick Gold has developed several programs to support local communities, including providing education and healthcare services, creating jobs and supporting local businesses.

Despite these challenges, Barrick Gold has continued to be a profitable company, with strong financial performance over the years. The profitability was partly due to the rising price of gold, driven higher by economic uncertainty and geopolitical tensions. While the price of gold can be volatile, many analysts believe it will continue to be a haven for investors in times of economic uncertainty.

Investing in Barrick Gold can be a way for investors to gain exposure to the gold mining industry, which has historically been a haven for investors during economic uncertainty. However, it is essential to remember that investing in mining companies like Barrick Gold can be risky, as the price of gold can be volatile, and mining operations can be affected by various factors, including environmental regulations, labor disputes and geopolitical tensions.

One potential risk for investors in Barrick Gold is the company's reliance on a few critical mines for most of its production. While the company has a number of mines in operation, a significant portion of its production comes from just a few mines, including the Cortez mine in Nevada and the Pueblo Viejo mine in the Dominican Republic. Any disruptions to these mines, such as labor strikes or environmental regulations, could significantly impact the company's financial performance.

Another risk for investors in Barrick Gold is the potential for political instability in regions where the company operates. Many of the company's mines are in countries with less stable political environments, such as the Democratic Republic of Congo and Argentina. Any political upheaval in these regions could disrupt the company's operations and negatively impact its financial performance.

GOLD Stock Price History

GOLD Stock News Headlines

The 7 Best Under $20 Stocks to Buy in June 2024
Exposed: 3 CENT Crypto to Explode June 24th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Barrick Gold: Even More Emerging Risks
Barrick Gold Isn't Dead Money As Pessimism Peaks
Exposed: 3 CENT Crypto to Explode June 24th?
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Is Barrick Gold Stock a Buy in 2024?
See More Headlines
Receive GOLD Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Barrick Gold and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
Ex-Dividend for 6/17 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Gold & silver ores
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Moderate Buy
Rating Score (0-4)
Research Coverage
14 Analysts


Net Income
$1.27 billion
Pretax Margin


Sales & Book Value

Annual Sales
$11.40 billion
Cash Flow
$1.95 per share
Book Value
$18.23 per share


Outstanding Shares
Free Float
Market Cap
$29.07 billion

Social Links

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report

Key Executives

  • Mr. John Lawson Thornton (Age 64)
    Exec. Chairman & Member of International Advisory Board
  • Ms. Catherine P. Raw CFA (Age 36)
    Exec. VP & CFO
  • Mr. Mark F. Hill B.Eng (Age 53)
    Chief Investment Officer
  • Mr. Kevin J. Thomson (Age 61)
    Sr. Exec. VP of Strategic Matters
  • Mr. Greg A.P. Walker (Age 57)
    Sr. VP of Operational & Technical

Should I Buy Barrick Gold Stock? GOLD Pros and Cons Explained


Here are some ways that investors could benefit from investing in Barrick Gold Corp:

  • Barrick Gold Corporation is a sector-leading gold and copper producer with a diversified portfolio spanning multiple countries, focusing on high-margin, long-life assets.
  • Recent merger with Randgold Resources and joint venture with Newmont Corporation in Nevada, USA, have strengthened Barrick's position in the gold mining industry.
  • Barrick owns and operates six Tier One gold mines, including Cortez, Carlin, and Turquoise Ridge in Nevada, which are significant assets contributing to its production and revenue.
  • Nevada Gold Mines, majority-owned by Barrick, is the world's largest gold mining complex, providing substantial opportunities for growth and profitability.
  • With gold and copper mines in 13 countries across North and South America, Africa, Papua New Guinea, and Saudi Arabia, Barrick offers geographic diversification and exposure to various prolific gold districts.


Investors should be bearish about investing in Barrick Gold Corp for these reasons:

  • Market volatility and fluctuations in gold prices can impact Barrick's financial performance and stock price, making it susceptible to external economic factors.
  • Operational risks associated with mining activities, such as regulatory challenges, environmental concerns, and labor issues, may affect Barrick's operations and profitability.
  • Dependency on commodity prices, especially gold and copper, exposes Barrick to price volatility and market uncertainties, influencing its revenue and margins.
  • Geopolitical factors in countries where Barrick operates can pose risks to its operations, including political instability, regulatory changes, and social unrest, impacting its business continuity.
  • Competitive pressures in the gold mining industry from other major players and new entrants could affect Barrick's market share, pricing power, and overall competitiveness in the sector.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 8, 2024. Please send any questions or comments about these Barrick Gold pros and cons to

GOLD Stock Analysis - Frequently Asked Questions

Should I buy or sell Barrick Gold stock right now?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last year. There are currently 1 sell rating, 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GOLD shares.
View GOLD analyst ratings
or view top-rated stocks.

What is Barrick Gold's stock price target for 2024?

14 brokers have issued 12-month target prices for Barrick Gold's stock. Their GOLD share price targets range from $18.00 to $26.00. On average, they predict the company's stock price to reach $21.60 in the next twelve months. This suggests a possible upside of 30.4% from the stock's current price.
View analysts price targets for GOLD
or view top-rated stocks among Wall Street analysts.

How have GOLD shares performed in 2024?

Barrick Gold's stock was trading at $18.09 at the beginning of the year. Since then, GOLD shares have decreased by 8.5% and is now trading at $16.56.
View the best growth stocks for 2024 here

When is Barrick Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our GOLD earnings forecast

How were Barrick Gold's earnings last quarter?

Barrick Gold Corp (NYSE:GOLD) released its earnings results on Wednesday, May, 1st. The gold and copper producer reported $0.19 EPS for the quarter, topping the consensus estimate of $0.15 by $0.04. The gold and copper producer earned $2.75 billion during the quarter, compared to the consensus estimate of $2.74 billion. Barrick Gold had a trailing twelve-month return on equity of 4.88% and a net margin of 12.58%. Barrick Gold's revenue was up 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 earnings per share.

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

Barrick Gold declared a quarterly dividend on Wednesday, May 1st. Investors of record on Friday, May 31st will be given a dividend of $0.10 per share on Monday, June 17th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date is Friday, May 31st. This is a boost from the stock's previous quarterly dividend of $0.07.
Read our dividend analysis for GOLD

Is Barrick Gold a good dividend stock?

Barrick Gold (NYSE:GOLD) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.33%. The dividend payout ratio is 48.78%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GOLD will have a dividend payout ratio of 29.41% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GOLD.

What ETFs hold Barrick Gold's stock?

ETFs with the largest weight of Barrick Gold (NYSE:GOLD) stock in their portfolio include SPDR S&P North American Natural Resources ETF (NANR) and iShares North American Natural Resources ETF (IGE).VanEck Natural Resources ETF (HAP).

What is Mark Bristow's approval rating as Barrick Gold's CEO?

22 employees have rated Barrick Gold Chief Executive Officer Mark Bristow on Mark Bristow has an approval rating of 79% among the company's employees.

What other stocks do shareholders of Barrick Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Barrick Gold investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Alibaba Group (BABA), AT&T (T), Tesla (TSLA), Micron Technology (MU), Newmont (NEM), Cisco Systems (CSCO), Intel (INTC) and Walt Disney (DIS).

Who are Barrick Gold's major shareholders?

Barrick Gold's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (4.41%), Vanguard Group Inc. (3.69%), First Eagle Investment Management LLC (3.35%), Capital World Investors (1.38%), EdgePoint Investment Group Inc. (1.03%) and Capital International Investors (0.98%). Insiders that own company stock include Garnet L Dawson, Herb Dhaliwal and Paulo Valle Pereira Neto.
View institutional ownership trends

How do I buy shares of Barrick Gold?

Shares of GOLD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GOLD) was last updated on 6/23/2024 by Staff

From Our Partners