Barrick Gold - GOLD Stock Forecast, Price & News

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last year. There are currently 5 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" GOLD shares.
View GOLD analyst ratings or view top-rated stocks.

11 Wall Street research analysts have issued 1 year price objectives for Barrick Gold's stock. Their GOLD share price forecasts range from $18.00 to $35.25. On average, they anticipate the company's stock price to reach $26.74 in the next twelve months. This suggests a possible upside of 84.7% from the stock's current price.
View analysts price targets for GOLD or view top-rated stocks among Wall Street analysts.

Barrick Gold's stock was trading at $19.00 at the beginning of 2022. Since then, GOLD stock has decreased by 23.8% and is now trading at $14.48.
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Barrick Gold saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 91,130,000 shares, an increase of 112.2% from the August 15th total of 42,940,000 shares. Based on an average daily trading volume, of 21,700,000 shares, the days-to-cover ratio is currently 4.2 days. Currently, 5.2% of the company's stock are sold short.
View Barrick Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our GOLD earnings forecast.

Barrick Gold Corp (NYSE:GOLD) announced its earnings results on Monday, August, 8th. The gold and copper producer reported $0.24 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.02. The gold and copper producer earned $2.86 billion during the quarter, compared to the consensus estimate of $2.85 billion. Barrick Gold had a net margin of 16.87% and a trailing twelve-month return on equity of 5.95%. Barrick Gold's quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.29 earnings per share.

Barrick Gold announced a quarterly dividend on Monday, August 8th. Investors of record on Wednesday, August 31st will be paid a dividend of $0.156 per share on Thursday, September 15th. This represents a $0.62 dividend on an annualized basis and a yield of 4.31%. The ex-dividend date is Tuesday, August 30th.
Read our dividend analysis for GOLD.

Barrick Gold (NYSE:GOLD) pays an annual dividend of $0.40 per share and currently has a dividend yield of 2.65%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 35.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GOLD will have a dividend payout ratio of 36.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for GOLD.

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.

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).

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

Barrick Gold's stock is owned by a number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (4.21%), FMR LLC (3.97%), Mackenzie Financial Corp (1.11%), Renaissance Technologies LLC (0.99%), Bank of Nova Scotia (0.89%) and TD Asset Management Inc. (0.80%).
View institutional ownership trends.

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.
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One share of GOLD stock can currently be purchased for approximately $14.48.

Barrick Gold (NYSE:GOLD) has a market capitalization of $25.59 billion and generates $11.99 billion in revenue each year. The gold and copper producer earns $2.02 billion in net income (profit) each year or $1.13 on an earnings per share basis.

The company employs 21,300 workers across the globe.

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.