NYSE:GOLD

Barrick Gold Stock Forecast, Price & News

$18.43

+0.07 (+0.38 %)

(As of 09/20/2021 01:22 PM ET)

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Today's Range

$18.09

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$18.54

50-Day Range

$18.36

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$21.81

52-Week Range

$18.26

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$29.60

Volume1.15 million shs

Average Volume17.30 million shs

Market Capitalization$32.78 billion

P/E Ratio12.98

Dividend Yield1.96%

Beta0.27

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About Barrick Gold

Barrick Gold Corporation is a sector-leading gold and copper producer. Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX. In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick. Nevada Gold Mines is the world's largest gold mining complex. Barrick owns and operates six Tier One gold mines: Cortez, Carlin and Turquoise Ridge in Nevada, Loulo-Gounkoto in Mali, Kibali in the Democratic Republic of Congo and Pueblo Viejo in the Dominican Republic. It has gold and copper mines and projects in 13 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia. Barrick's diversified portfolio spans the world's most prolific gold districts and is focused on high-margin, long life assets.

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September 16, 2021 | americanbankingnews.com

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
Current SymbolNYSE:GOLD
Previous Symbol
CUSIPN/A
CIK756894
Webwww.barrick.com
Phone800-720-7415
Employees22,600
Year Founded1983

Sales & Book Value

Annual Sales$12.60 billion
Price / Sales2.60
Cash Flow$2.28 per share
Price / Cash Flow8.10
Book Value$17.83 per share
Price / Book1.03

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares1,778,403,000
Market Cap$32.78 billion
Next Earnings Date11/4/2021 (Estimated)
OptionableOptionable

Social Links

MarketRank^™

Overall MarketRank^™

2.69 out of 5 stars

Basic Materials Sector

23rd out of 225 stocks

Gold & Silver Ores Industry

4th out of 45 stocks

4.5 Analyst's Opinion

Consensus Rating
Barrick Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 10 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $35.41, Barrick Gold has a forecasted upside of 92.9% from its current price of $18.36.
Amount of Analyst Coverage
Barrick Gold has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.7 Community Rank

Outperform Votes
Barrick Gold has received 729 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Barrick Gold has received 558 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Barrick Gold has received 56.64% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Barrick Gold and other stocks. Vote “Outperform” if you believe GOLD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe GOLD will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Yield
Barrick Gold pays a meaningful dividend of 1.96%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Barrick Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Barrick Gold is 31.30%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Barrick Gold will have a dividend payout ratio of 28.13% next year. This indicates that Barrick Gold will be able to sustain or increase its dividend.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Barrick Gold insiders have not sold or bought any company stock.
Percentage Held by Institutions
54.50% of the stock of Barrick Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Barrick Gold are expected to grow by 2.40% in the coming year, from $1.25 to $1.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Barrick Gold is 12.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.52.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barrick Gold is 12.93, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.70.
Price to Earnings Growth Ratio
Barrick Gold has a PEG Ratio of 7.71. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Barrick Gold has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Barrick Gold (NYSE:GOLD) Frequently Asked Questions

Is Barrick Gold a buy right now?

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

What stocks does MarketBeat like better than Barrick Gold?

Wall Street analysts have given Barrick Gold a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Barrick Gold wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Barrick Gold's next earnings date?

Barrick Gold is scheduled to release its next quarterly earnings announcement on Thursday, November 4th 2021.
View our earnings forecast for Barrick Gold.

How were Barrick Gold's earnings last quarter?

Barrick Gold Corp (NYSE:GOLD) posted its quarterly earnings results on Sunday, August, 8th. The gold and copper producer reported $0.29 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.03. The gold and copper producer earned $2.89 billion during the quarter, compared to analyst estimates of $2.92 billion. Barrick Gold had a net margin of 19.86% and a trailing twelve-month return on equity of 7.40%. The firm's revenue for the quarter was down 5.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.23 EPS.
View Barrick Gold's earnings history.

How has Barrick Gold's stock price been impacted by Coronavirus (COVID-19)?

Barrick Gold's stock was trading at $18.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GOLD stock has decreased by 2.0% and is now trading at $18.41.
View which stocks have been most impacted by COVID-19.

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

Barrick Gold declared a quarterly dividend on Monday, August 9th. Shareholders of record on Tuesday, August 31st will be paid a dividend of $0.09 per share on Wednesday, September 15th. This represents a $0.36 annualized dividend and a dividend yield of 1.96%. The ex-dividend date of this dividend is Monday, August 30th.
View Barrick Gold's dividend history.

Is Barrick Gold a good dividend stock?

Barrick Gold pays an annual dividend of $0.36 per share and currently has a dividend yield of 1.96%. The dividend payout ratio of Barrick Gold is 31.30%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Barrick Gold will have a dividend payout ratio of 28.13% next year. This indicates that Barrick Gold will be able to sustain or increase its dividend.
View Barrick Gold's dividend history.

What price target have analysts set for GOLD?

12 equities research analysts have issued twelve-month price objectives for Barrick Gold's shares. Their forecasts range from $25.00 to $72.72. On average, they expect Barrick Gold's stock price to reach $35.41 in the next twelve months. This suggests a possible upside of 92.4% from the stock's current price.
View analysts' price targets for Barrick Gold or view top-rated stocks among Wall Street analysts.

What are Wall Street analysts saying about Barrick Gold stock?

Here are some recent quotes from research analysts about Barrick Gold stock:

1. Fundamental Research analysts commented, "Senior Gold Producers
(NYSE: NEM and GOLD / TSX: NGT and ABX)

More Room for Upside This Year
" (5/10/2021)
2. According to Zacks Investment Research, "Barrick has extensive regional presence across many of the world’s most prolific gold districts. The company is expected to gain from progress of its key growth projects that are expected to contribute to its production. Barrick’s debt-reduction actions are also expected to lower interest expenses. It also has a strong liquidity position and generates healthy cash flows. Moreover, its merger with Randgold and joint venture with Newmont provide additional upside. Higher gold prices are also likely to support margins. Concerns over the coronavirus pandemic and geopolitical tensions are supporting gold prices. Also, it has outperformed the industry over the past year. However, Barrick faces headwinds from higher expected costs. Expected fall in gold demand due to coronavirus is also a worry. Stretched valuation is another concern." (1/29/2021)

Who are Barrick Gold's key executives?

Barrick Gold's management team includes the following people:

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

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

22 employees have rated Barrick Gold CEO Mark Bristow on Glassdoor.com. Mark Bristow has an approval rating of 79% among Barrick Gold's employees.

Who are some of Barrick Gold's key competitors?

Some companies that are related to Barrick Gold include Newmont (NEM), Barrick Gold (ABX), Franco-Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), Sibanye Stillwater (SBSW), Gold Fields (GFI), Kinross Gold (KGC), AngloGold Ashanti (AU), Pan American Silver (PAAS), Yamana Gold (AUY), B2Gold (BTG), First Majestic Silver (AG) and Alamos Gold (AGI).
View all of GOLD's competitors.

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 The 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 many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (5.00%), Jefferies Group LLC (0.00%), FMR LLC (3.33%), Flossbach Von Storch AG (3.10%), Vanguard Group Inc. (2.94%) and BlackRock Inc. (2.38%).
View institutional ownership trends for Barrick Gold.

Which major investors are selling Barrick Gold stock?

GOLD stock was sold by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Price T Rowe Associates Inc. MD, Deer Park Road Corp, Capital International Investors, Bank of New York Mellon Corp, Alleghany Corp DE, Marathon Asset Management LLP, and Addenda Capital Inc..
View insider buying and selling activity for Barrick Gold or view top insider-selling stocks.

Which major investors are buying Barrick Gold stock?

GOLD stock was bought by a variety of institutional investors in the last quarter, including Jefferies Group LLC, Invesco Ltd., FMR LLC, Mackenzie Financial Corp, Lombard Odier Asset Management USA Corp, Natixis, Jupiter Asset Management Ltd., and Morgan Stanley.
View insider buying and selling activity for Barrick Gold or or view top insider-buying stocks.

How do I buy shares of Barrick Gold?

Shares of GOLD 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 $18.41.

How much money does Barrick Gold make?

Barrick Gold has a market capitalization of $32.74 billion and generates $12.60 billion in revenue each year. The gold and copper producer earns $2.32 billion in net income (profit) each year or $1.15 on an earnings per share basis.

How many employees does Barrick Gold have?

Barrick Gold employs 22,600 workers across the globe.

When was Barrick Gold founded?

Barrick Gold was founded in 1983.

What is Barrick Gold's official website?

The official website for Barrick Gold is www.barrick.com.

Where are Barrick Gold's headquarters?

Barrick Gold is headquartered at 161 BAY STREET BROOKFIELD PLACE TD CANADA TRUST TOWER SUITE 3700, Toronto A6, M5J2S1.

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 gold and copper producer can be reached via phone at 800-720-7415 or via email at [email protected].

This page was last updated on 9/20/2021 by MarketBeat.com Staff

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