Barrick Gold - GOLD Stock Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last year. There are currently 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GOLD shares.
View GOLD analyst ratings or view top-rated stocks.

9 brokers have issued twelve-month price objectives for Barrick Gold's stock. Their GOLD share price forecasts range from $18.00 to $33.00. On average, they anticipate the company's share price to reach $24.49 in the next twelve months. This suggests a possible upside of 32.8% 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 $17.18 at the beginning of 2023. Since then, GOLD shares have increased by 7.3% and is now trading at $18.44.
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Barrick Gold saw a increase in short interest during the month of January. As of January 15th, there was short interest totaling 26,240,000 shares, an increase of 17.7% from the December 31st total of 22,290,000 shares. Based on an average daily trading volume, of 20,060,000 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.5% of the shares of the company are short sold.
View Barrick Gold's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 15th 2023.
View our GOLD earnings forecast.

Barrick Gold will be holding an earnings conference call on Wednesday, February 15th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 604-674-8052 with passcode "9705".

Barrick Gold Corp (NYSE:GOLD) released its quarterly earnings data on Wednesday, November, 3rd. The gold and copper producer reported $0.24 earnings per share for the quarter, beating analysts' consensus estimates of $0.23 by $0.01. The gold and copper producer had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.87 billion. Barrick Gold had a net margin of 16.39% and a trailing twelve-month return on equity of 5.34%. Barrick Gold's quarterly revenue was down 20.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.41 earnings per share.

Barrick Gold announced a quarterly dividend on Thursday, November 3rd. Shareholders of record on Wednesday, November 30th will be paid a dividend of $0.11 per share on Thursday, December 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Tuesday, November 29th.
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 2.01%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 37.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, GOLD will have a dividend payout ratio of 43.96% 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 variety of institutional and retail investors. Top institutional investors include National Bank of Canada FI (0.92%), Maj Invest Holding A S (0.64%), Mondrian Investment Partners LTD (0.54%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Pendal Group Ltd (0.31%) and RWC Asset Management LLP (0.26%).
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 $18.44.

Barrick Gold (NYSE:GOLD) has a market capitalization of $32.37 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 $1.07 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.