NYSE:GOLD

Barrick Gold Stock Forecast, Price & News

Followed 181 Times Top-Rated Stocks Searched 759 Times

$19.86

+0.89 (+4.69 %)

(As of 03/2/2021 12:00 AM ET)

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Today's Range

$19.15

Now: $19.86▼

$19.98

50-Day Range

$18.67

MA: $21.96▼

$23.83

52-Week Range

$12.65

Now: $19.86▼

$31.22

Volume24.66 million shs

Average Volume21.49 million shs

Market Capitalization$35.31 billion

P/E Ratio11.68

Dividend Yield1.90%

Beta-0.02

Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the Zaldavar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia. It also owns gold mines and exploration properties in Africa; and gold projects located in South America and North America. Barrick Gold Corporation has strategic cooperation agreement with Shandong Gold Group Co. Ltd. The company was founded in 1983 and is headquartered in Toronto, Canada.

Headlines

Gold Miner Dividends Trump Copper Counterparts -- Until 2022
March 1, 2021 | msn.com

Combination with Freeport had a lot of logic: Barrick CEO
March 1, 2021 | reuters.com

Barrick CEO says tie-up with Freeport would have been logical move
March 1, 2021 | finance.yahoo.com

UPDATE 1-Barrick CEO says tie-up with Freeport would have been logical move
March 1, 2021 | finance.yahoo.com

Why I Believe Gold Will Rally, and 3 Stocks That Stand to Benefit the Most
February 26, 2021 | stocknews.com

These Stocks Could Be Added or Removed From Gold Equity ETFs
February 26, 2021 | msn.com

UPDATE 2-Freeport eyes U.S. expansions as Biden's EV plan boosts copper demand
February 25, 2021 | finance.yahoo.com

The Top Catalysts that Could Send Gold Above $2,000
February 25, 2021 | marketwatch.com

Ex-Dividend Reminder: Agnico Eagle Mines, Barrick Gold and Vulcan Materials
February 24, 2021 | nasdaq.com

Options Bulls Blast Barrick Gold Stock
February 24, 2021 | finance.yahoo.com

Why Active Gold Mines Are Being Relied Upon To Produce More Than Ever In 2021
February 23, 2021 | marketwatch.com

Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?
February 20, 2021 | finance.yahoo.com

See More Headlines

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

Employees22,500

Year Founded1983

Debt

Debt-to-Equity Ratio0.16

Current Ratio4.49

Quick Ratio3.28

Price-To-Earnings

Trailing P/E Ratio11.68

Forward P/E Ratio17.73

P/E Growth9.12

Sales & Book Value

Annual Sales$9.72 billion

Price / Sales3.63

Cash Flow$0.43 per share

Price / Cash Flow46.52

Book Value$16.78 per share

Price / Book1.18

Profitability

EPS (Most Recent Fiscal Year)$0.51

Net Income$3.97 billion

Net Margins24.81%

Return on Equity5.63%

Return on Assets3.82%

Miscellaneous

Outstanding Shares1,778,190,000

Market Cap$35.31 billion

Next Earnings Date5/5/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.57 out of 5 stars

Basic Materials Sector

8th out of 831 stocks

Gold & Silver Ores Industry

5th out of 77 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 13 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.56, Barrick Gold has a forecasted upside of 58.9% from its current price of $19.86.
Amount of Analyst Coverage
Barrick Gold has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

1.9 Community Rank

Outperform Votes
Barrick Gold has received 706 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Barrick Gold has received 1,113 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Barrick Gold has received 61.19% “underperform” 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 1.90%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Barrick Gold has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of Barrick Gold is 70.59%. 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 27.91% 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
60.93% of the stock of Barrick Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1 Earnings and Valuation

Earnings Growth
Earnings for Barrick Gold are expected to grow by 15.18% in the coming year, from $1.12 to $1.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Barrick Gold is 11.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 32.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barrick Gold is 11.68, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.35.
Price to Earnings Growth Ratio
Barrick Gold has a PEG Ratio of 9.12. 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 1.18. 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

$19.86

+0.89 (+4.69 %)

(As of 03/2/2021 12:00 AM ET)

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Barrick Gold (NYSE:GOLD) Frequently Asked Questions

Is Barrick Gold a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last twelve months. There are currently 1 hold rating, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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 short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Barrick Gold wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Barrick Gold?

Barrick Gold saw a decline in short interest in the month of January. As of January 29th, there was short interest totaling 10,750,000 shares, a decline of 32.4% from the January 14th total of 15,900,000 shares. Based on an average trading volume of 20,110,000 shares, the short-interest ratio is presently 0.5 days. Approximately 0.6% of the shares of the stock are sold short.
View Barrick Gold's Short Interest.

When is Barrick Gold's next earnings date?

Barrick Gold is scheduled to release its next quarterly earnings announcement on Wednesday, May 5th 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 Wednesday, February, 17th. The basic materials company reported $0.35 earnings per share for the quarter, beating analysts' consensus estimates of $0.31 by $0.04. Barrick Gold had a net margin of 24.81% and a trailing twelve-month return on equity of 5.63%.
View Barrick Gold's earnings history.

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

Barrick Gold's stock was trading at $18.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, GOLD stock has increased by 5.7% and is now trading at $19.86.
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 Friday, February 19th. Shareholders of record on Monday, March 1st will be paid a dividend of $0.09 per share on Monday, March 15th. This represents a $0.36 annualized dividend and a yield of 1.81%. The ex-dividend date is Friday, February 26th.
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 1.90%. Barrick Gold has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Barrick Gold is 70.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Barrick Gold will have a dividend payout ratio of 27.91% 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?

15 Wall Street analysts have issued 12-month price targets for Barrick Gold's shares. Their forecasts range from $7.50 to $43.25. On average, they expect Barrick Gold's share price to reach $31.56 in the next twelve months. This suggests a possible upside of 58.9% 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, "Fundamental Research Corp has issued a report entitled “Senior Gold Producers (NYSE: NEM/GOLD / TSX: NGT/ABX) Record Revenue in 2020; Recent Dip in Prices Offers Attractive Entry Point” and dated February 19, 2021. The full report is now at www.researchfrc.com." (2/19/2021)
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), Sibanye Stillwater (SBSW), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), B2Gold (BTG), Yamana Gold (AUY), 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 retail and institutional investors. Top institutional investors include Van ECK Associates Corp (4.74%), FMR LLC (3.87%), Flossbach Von Storch AG (3.02%), FIL Ltd (2.55%), BlackRock Inc. (2.40%) and CIBC Asset Management Inc (1.02%).
View institutional ownership trends for Barrick Gold.

Which institutional investors are selling Barrick Gold stock?

GOLD stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, FIL Ltd, Boston Partners, Renaissance Technologies LLC, Majedie Asset Management Ltd, Jupiter Asset Management Ltd., BlackRock Inc., and Wells Fargo & Company MN.
View insider buying and selling activity for Barrick Gold or view top insider-selling stocks.

Which institutional investors are buying Barrick Gold stock?

GOLD stock was purchased by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Van ECK Associates Corp, Morgan Stanley, Canada Pension Plan Investment Board, Price T Rowe Associates Inc. MD, Mackenzie Financial Corp, Pendal Group Limited, and JBF Capital Inc..
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 $19.86.

How much money does Barrick Gold make?

Barrick Gold has a market capitalization of $35.31 billion and generates $9.72 billion in revenue each year. The basic materials company earns $3.97 billion in net income (profit) each year or $0.51 on an earnings per share basis.

How many employees does Barrick Gold have?

Barrick Gold employs 22,500 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 basic materials company can be reached via phone at 800-720-7415 or via email at [email protected]

This page was last updated on 3/3/2021 by MarketBeat.com Staff

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