Barrick Gold (ABX) Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" ABX shares.
View ABX analyst ratings or view top-rated stocks.

7 equities research analysts have issued 1-year price targets for Barrick Gold's shares. Their ABX share price forecasts range from C$25.00 to C$34.00. On average, they anticipate the company's stock price to reach C$28.45 in the next year. This suggests a possible upside of 33.6% from the stock's current price.
View analysts price targets for ABX or view top-rated stocks among Wall Street analysts.

Barrick Gold's stock was trading at C$23.21 on January 1st, 2023. Since then, ABX shares have decreased by 8.2% and is now trading at C$21.30.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, November 2nd 2023.
View our ABX earnings forecast.

Barrick Gold Co. (TSE:ABX) announced its quarterly earnings results on Tuesday, August, 8th. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.22 by $0.04. The basic materials company had revenue of $3.81 billion for the quarter, compared to analysts' expectations of $4.57 billion. Barrick Gold had a negative net margin of 0.64% and a positive trailing twelve-month return on equity of 1.14%.

Barrick Gold announced a quarterly dividend on Tuesday, August 8th. Shareholders of record on Thursday, August 31st will be paid a dividend of 0.132 per share on Friday, September 15th. This represents a $0.53 annualized dividend and a yield of 2.48%. The ex-dividend date of this dividend is Wednesday, August 30th. This is an increase from the stock's previous quarterly dividend of C$0.10.
Read our dividend analysis for ABX.

Barrick Gold (TSE:ABX) pays an annual dividend of C$0.61 per share and currently has a dividend yield of 2.70%.
Read our dividend analysis for ABX.

Based on aggregate information from My MarketBeat watchlists, some companies that other Barrick Gold investors own include Barrick Gold (GOLD), NVIDIA (NVDA), Bank of Nova Scotia (BNS), AT&T (T), Enbridge (ENB), Suncor Energy (SU), Toronto-Dominion Bank (TD), Canadian Natural Resources (CNQ), Royal Bank of Canada (RY) and AbbVie (ABBV).

Barrick Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "ABX."

Shares of ABX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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One share of ABX stock can currently be purchased for approximately C$21.30.

Barrick Gold (TSE:ABX) has a market capitalization of C$37.49 billion and generates C$10.78 billion in revenue each year. The basic materials company earns C$-69,000,000.00 in net income (profit) each year or C($0.05) on an earnings per share basis.

The company employs 17,500 workers across the globe.

Barrick Gold's mailing address is Canada Trust Tower 161 Bay St Suite 3700, TORONTO, ON M5J 2S1, Canada. The official website for the company is www.barrick.com. The basic materials company can be reached via phone at +1-416-3077470 or via email at investor@barrick.com.