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Barrick Gold (GOLD) Stock Price, News & Analysis

-0.52 (-2.92%)
(As of 05/22/2024 ET)
Today's Range
50-Day Range
52-Week Range
21.04 million shs
Average Volume
22.22 million shs
Market Capitalization
$30.34 billion
P/E Ratio
Dividend Yield
Price Target

Barrick Gold MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.64 Rating Score
25.0% Upside
$21.60 Price Target
Short Interest
Dividend Strength
Based on Four Factors
Upright™ Environmental Score
News Sentiment
0.79mentions of Barrick Gold in the last 14 days
Based on 10 Articles This Week
Insider Trading
Proj. Earnings Growth
From $1.01 to $1.35 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.

3.72 out of 5 stars

Basic Materials Sector

58th out of 170 stocks

Gold & Silver Ores Industry

6th 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

Is Barrick Gold Stock a Buy in 2024?
3 Discounted Precious Metal Stocks to Buy for 100% Returns
Conroy Gold & Natural Resources Plc - Directorate Change
Barrick Gold: What Gold Miner Bulls Are Missing
PRESS DIGEST-Canada - May 2
See More Headlines
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Company Calendar

Ex-Dividend for 3/15 Dividend
Dividend Payable
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
$1.93 per share
Book Value
$18.35 per share


Outstanding Shares
Free Float
Market Cap
$30.34 billion

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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

GOLD Stock Analysis - Frequently Asked Questions

Should I buy or sell Barrick Gold stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street research 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 price targets for Barrick Gold's stock. Their GOLD share price targets range from $18.00 to $26.00. On average, they expect the company's share price to reach $21.60 in the next year. This suggests a possible upside of 25.0% 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 2024. Since then, GOLD stock has decreased by 4.5% and is now trading at $17.28.
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) issued its earnings results on Wednesday, May, 1st. The gold and copper producer reported $0.19 earnings per share (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% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 EPS.

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. Stockholders of record on Friday, May 31st will be paid a dividend of $0.10 per share on Monday, June 17th. This represents a $0.40 annualized dividend and a dividend yield of 2.31%. The ex-dividend date of this dividend is Friday, May 31st. This is a positive change 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 2.24%. 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 29.63% 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?
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 institutional and retail investors. Top institutional investors 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 5/23/2024 by Staff

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