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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
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'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
3 ETFs for the Conservative Investor to Buy and Hold
Is Gold Really Boring? (Ad)
Are These Consumer Staples Too Cheap for Investors To Ignore?
Stock market today: World shares track Wall Street's slump after Fed says rates may stay high in '24
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
A small venture capital player becomes a symbol in the fight over corporate diversity policies
3 Reasons This Tech Giant Is Going Back To Highs
Is Gold Really Boring? (Ad)
Markets Are Loving These Stocks 'Firing On All Cylinders'
'Enough Venom to Fill a Martini Glass and Kill 5 People': An Amazon Driver Was Bitten By a Rattlesnake on the Job in Florida
Top-Rated Dividend StocksTop-Rated Dividend
NYSE:GOLD

Barrick Gold (GOLD) Stock Forecast, Price & News

$16.41
+0.08 (+0.49%)
(As of 09/20/2023 ET)
Compare
Today's Range
$16.37
▼
$16.81
50-Day Range
$15.61
▼
$17.65
52-Week Range
$13.01
▼
$20.75
Volume
21.46 million shs
Average Volume
15.76 million shs
Market Capitalization
$28.81 billion
P/E Ratio
273.50
Dividend Yield
2.44%
Price Target
$24.12
ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability

Barrick Gold MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
47.0% Upside
$24.12 Price Target
Short Interest
Healthy
2.05% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-6.13
Upright™ Environmental Score
News Sentiment
0.55mentions of Barrick Gold in the last 14 days
Based on 11 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
12.24%
From $0.98 to $1.10 Per Share

Overall MarketRank™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.20 out of 5 stars

Basic Materials Sector

95th out of 167 stocks

Gold & Silver Ores Industry

17th out of 36 stocks

See Top Rated MarketRank™ Stocks Here

GOLD stock logo

About Barrick Gold (NYSE:GOLD) Stock

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 Price History

GOLD Stock News Headlines

September 21, 2023 | finance.yahoo.com
Barrick Gold Corporation: Commodity Prices in Mining Sector Supportive; Some Opportunities Available
September 21, 2023 | msn.com
Fortuna closes buyout of gold exploration firm Chesser
September 21, 2023 | Edge On The Street (Ad)
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September 20, 2023 | bloomberg.com
Barrick Says Big Miners Show Interest in Pakistan Copper Project
September 19, 2023 | finance.yahoo.com
4 Big Winners as Oil Prices are on Course to Hit $100 a Barrel
September 18, 2023 | msn.com
DeSoto’s drilling program just hit the Fenton Shear Zone, an analogue to the +40Moz Lead gold deposit in South Dakota
September 15, 2023 | msn.com
Canada's Roxgold officially opens Ivory Coast gold mine
September 15, 2023 | finance.yahoo.com
Copper as lifeline and as investment
September 21, 2023 | Wall Street Fundamentals (Ad)
How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
September 15, 2023 | americanbankingnews.com
Barrick Gold (NYSE:GOLD) Price Target Raised to $30.00
September 14, 2023 | theglobeandmail.com
Barrick subsidiary’s payments to Tanzanian officials triggered concerns over anti-corruption breaches, company e-mails show
September 13, 2023 | proactiveinvestors.com
TNR Gold’s royalty potential earns ‘Buy’ recommendation from analysts
September 13, 2023 | benzinga.com
BMO Capital Maintains Outperform Rating for Barrick Gold: Here's What You Need To Know
September 12, 2023 | finance.yahoo.com
Barrick’s Embedded Growth Projects to Drive Value with 30% Rise in Production
September 7, 2023 | finance.yahoo.com
Barrick Gold (GOLD) Down 3.9% Since Last Earnings Report: Can It Rebound?
September 6, 2023 | forbes.com
Barrick Stock Trades Below Intrinsic Value Despite Firm Gold Prices And A Strong Production Outlook
September 5, 2023 | ft.com
Miners’ hunt for copper takes Barrick to Pakistan’s western frontier
September 5, 2023 | ft.com
Miners’ hunt for copper takes Barrick to Pakistan’s far frontier
September 5, 2023 | theglobeandmail.com
Barrick Gold (NYSE: GOLD) Looking to End Expanded Flat
September 5, 2023 | seekingalpha.com
Barrick Gold: You Can't Win If You Have No Patience
September 4, 2023 | msn.com
Surrounded by tier 1 gold mines, Devil’s Canyon is being drilled for the first time since the 80’s
September 1, 2023 | thestreet.com
Barrick Gold (ABX) Stock Climbs After Receiving Final Bids For Chilean Copper Mine
August 31, 2023 | msn.com
Mali adopts new mining code to raise gold concessions ownership
August 30, 2023 | msn.com
Mali's interim president approves new mining law to boost gold production and revenue
August 29, 2023 | barrons.com
Mali Adopts New Mining Code To Reap Gold Profits
August 28, 2023 | markets.businessinsider.com
Market Crash Coming? 3 Gold Mining Stocks to Buy for a Soft Landing
August 23, 2023 | finanznachrichten.de
NuLegacy Gold Corporation: NuLegacy Provides Update
See More Headlines
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GOLD Company Calendar

Last Earnings
8/08/2023
Ex-Dividend for 9/15 Dividend
8/30/2023
Dividend Payable
9/15/2023
Today
9/20/2023
Next Earnings (Estimated)
11/02/2023
Fiscal Year End
12/31/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Gold & silver ores
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
NYSE:GOLD
CUSIP
N/A
CIK
756894
Web
www.barrick.com
Phone
800-720-7415
Fax
514-985-8843
Employees
23,000
Year Founded
1983

Price Target and Rating

Average Stock Price Forecast
$24.12
High Stock Price Forecast
$43.25
Low Stock Price Forecast
$19.00
Forecasted Upside/Downside
+47.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
10 Analysts

Profitability

EPS (Most Recent Fiscal Year)
($0.04)
Trailing P/E Ratio
273.50
Forward P/E Ratio
16.74
P/E Growth
9.8
Net Income
$432 million
Net Margins
1.06%
Pretax Margin
15.26%
Return on Equity
3.46%
Return on Assets
2.39%

Debt

Debt-to-Equity Ratio
0.15
Current Ratio
2.71
Quick Ratio
2.14

Sales & Book Value

Annual Sales
$10.78 billion
Price / Sales
2.67
Cash Flow
$1.62 per share
Price / Cash Flow
10.13
Book Value
$17.83 per share
Price / Book
0.92

Miscellaneous

Outstanding Shares
1,755,468,000
Free Float
1,744,349,000
Market Cap
$28.81 billion
Optionable
Optionable
Beta
0.38

Social Links

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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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













GOLD Stock - Frequently Asked Questions

Should I buy or sell Barrick Gold stock right now?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last twelve months. There are currently 2 hold ratings and 8 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 forecast for 2023?

10 Wall Street research analysts have issued twelve-month target prices for Barrick Gold's stock. Their GOLD share price forecasts range from $19.00 to $43.25. On average, they anticipate the company's stock price to reach $24.12 in the next year. This suggests a possible upside of 47.0% 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 2023?

Barrick Gold's stock was trading at $0.90 on January 1st, 2023. Since then, GOLD shares have increased by 1,723.3% and is now trading at $16.41.
View the best growth stocks for 2023 here.

Are investors shorting Barrick Gold?

Barrick Gold saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 35,750,000 shares, an increase of 43.1% from the August 15th total of 24,980,000 shares. Based on an average daily volume of 13,250,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.1% of the company's stock are short sold.
View Barrick Gold's Short Interest.

When is Barrick Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our GOLD earnings forecast.

How were Barrick Gold's earnings last quarter?

Barrick Gold Corp (NYSE:GOLD) announced its quarterly earnings data on Tuesday, August, 8th. The gold and copper producer reported $0.19 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.02. The gold and copper producer earned $2.83 billion during the quarter, compared to analyst estimates of $3.40 billion. Barrick Gold had a net margin of 1.06% and a trailing twelve-month return on equity of 3.46%. During the same period last year, the company posted $0.24 earnings per share.

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

Barrick Gold announced a quarterly dividend on Tuesday, August 8th. Shareholders of record on Thursday, August 31st will be given a dividend of $0.10 per share on Friday, September 15th. This represents a $0.40 dividend on an annualized basis and a yield of 2.44%. The ex-dividend date is Wednesday, August 30th. This is an increase from the stock's previous quarterly dividend of $0.07.
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), Gabelli Automation ETF (GAST) and iShares North American Natural Resources ETF (IGE).SPDR S&P Global Natural Resources ETF (GNR).

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 2.48%.
Read our dividend analysis for GOLD.

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

22 employees have rated Barrick Gold Chief Executive Officer Mark Bristow on Glassdoor.com. 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).

What is Barrick Gold's stock symbol?

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

Who are Barrick Gold's major shareholders?

Barrick Gold's stock is owned by a variety of retail and institutional investors. Top institutional investors include Van ECK Associates Corp (4.28%), Capital World Investors (2.58%), BlackRock Inc. (2.51%), Flossbach Von Storch AG (1.97%), Capital International Investors (0.99%) and Mackenzie Financial Corp (0.92%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Barrick Gold's stock price today?

One share of GOLD stock can currently be purchased for approximately $16.41.

How much money does Barrick Gold make?

Barrick Gold (NYSE:GOLD) has a market capitalization of $28.81 billion and generates $10.78 billion in revenue each year. The gold and copper producer earns $432 million in net income (profit) each year or ($0.04) on an earnings per share basis.

How many employees does Barrick Gold have?

The company employs 23,000 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 official website for the company is www.barrick.com. The gold and copper producer can be reached via phone at 800-720-7415, via email at investor@barrick.com, or via fax at 514-985-8843.

This page (NYSE:GOLD) was last updated on 9/21/2023 by MarketBeat.com Staff

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