TSE:ABXBarrick Gold Stock Price, Forecast & News

C$31.29

-0.34 (-1.07 %)

(As of 06/5/2020 04:00 PM ET)

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Today's Range

C$29.65

Now: C$31.29▼

C$31.32

50-Day Range

C$31.27

MA: C$36.38▼

C$39.56

52-Week Range

C$17.49

Now: C$31.29▼

C$40.13

Volume6.14 million shs

Average Volume5.39 million shs

Market CapitalizationC$55.63 billion

P/E Ratio12.98

Dividend Yield1.22%

BetaN/A

Barrick Gold Corporation explores for and develops mineral properties. The company primarily explores for gold, copper, and silver deposits. It holds a 50% interest in the Veladero, a gold mine located in Argentina; 50% interest in the Kalgoorlie gold mine located in Australia; 95% interest in the Porgera gold mine located in Papua New Guinea; 50% interest in the Zaldívar, a copper mine located in Chile; and 50% interest in the Jabal Sayid copper mine located in Saudi Arabia. The company also owns gold mines and exploration properties in Africa; and various projects located in the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

Beat the Market (BTM) Rank^™

1.4 Analyst's Opinion

Consensus Rating
Barrick Gold has received a consensus rating of Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$33.75, Barrick Gold has a potential upside of 7.9% from its current price of C$31.29.
Amount of Analyst Coverage
Barrick Gold has only been the subject of 1 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Barrick Gold has received 566 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Barrick Gold has received 605 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Barrick Gold has received 51.67% “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 ABX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ABX will underperform the S&P 500 over the long term. You may vote once every thirty days.

2.5 Dividend Strength

Dividend Leadership
Barrick Gold is a leading dividend payer. It pays a dividend yield of 1.22%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Barrick Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Barrick Gold is 8.30 %. This payout ratio is at a healthy, sustainable level, below 75%.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Barrick Gold insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$95,425.00 in company stock.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Barrick Gold are expected to decrease by -100.00% in the coming year, from C$0.49 to C$0.00 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Barrick Gold is 12.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barrick Gold is 12.98, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 22.51.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Barrick Gold, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Barrick Gold has a P/B Ratio of 2.57. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.51 out of 5 stars

Industry, Sector and Symbol

Stock Exchange TSE

Industry Gold & silver ores

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:ABX

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.barrick.com

Phone+1-416-3077470

Debt

Debt-to-Equity Ratio17.06

Current Ratio3.28

Quick Ratio1.88

Price-To-Earnings

Trailing P/E Ratio12.98

Forward P/E Ratio63.99

P/E Growth-1.16

Sales & Book Value

Annual SalesC$10.34 billion

Price / Sales5.38

Cash FlowC$1.78 per share

Price / Cash Flow17.57

Book ValueC$12.20 per share

Price / Book2.57

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees17,500

Outstanding Shares1,778,035,000

Market CapC$55.63 billion

Next Earnings Date8/10/2020 (Estimated)

OptionableOptionable

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Barrick Gold (TSE:ABX) Frequently Asked Questions

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

Barrick Gold's stock was trading at C$25.84 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, ABX stock has increased by 21.1% and is now trading at C$31.29. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Barrick Gold?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Barrick Gold.

When is Barrick Gold's next earnings date?

Barrick Gold is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Barrick Gold.

How were Barrick Gold's earnings last quarter?

Barrick Gold Corp (TSE:ABX) posted its quarterly earnings results on Wednesday, May, 6th. The basic materials company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by $0.02. The basic materials company earned $3.65 billion during the quarter, compared to analysts' expectations of $3.90 billion. View Barrick Gold's earnings history.

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

Barrick Gold announced a quarterly dividend on Wednesday, May 6th. Stockholders of record on Friday, May 29th will be paid a dividend of 0.098 per share on Monday, June 15th. This represents a $0.39 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Thursday, May 28th. This is an increase from Barrick Gold's previous quarterly dividend of C$0.09. View Barrick Gold's dividend history.

What price target have analysts set for ABX?

5 analysts have issued 12-month target prices for Barrick Gold's stock. Their forecasts range from C$20.00 to C$45.00. On average, they expect Barrick Gold's share price to reach C$33.75 in the next twelve months. This suggests a possible upside of 7.9% from the stock's current price. View analysts' price targets for Barrick Gold.

Has Barrick Gold been receiving favorable news coverage?

Media coverage about ABX stock has trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Barrick Gold earned a news impact score of 0.7 on InfoTrie's scale. They also gave news coverage about the basic materials company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutBarrick Gold.

Who are some of Barrick Gold's key competitors?

Some companies that are related to Barrick Gold include Newmont Goldcorp (NEM), Barrick Gold (GOLD), Franco Nevada (FNV), Wheaton Precious Metals (WPM), Agnico Eagle Mines (AEM), Kirkland Lake Gold (KL), AngloGold Ashanti (AU), Kinross Gold (KGC), Gold Fields (GFI), Pan American Silver (PAAS), Sibanye Gold (SBGL), Yamana Gold (AUY), Alamos Gold (AGI), First Majestic Silver (AG) and Iamgold (IAG). View all 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 Barrick Gold (GOLD), NVIDIA (NVDA), Royal Bank of Canada (RY), Suncor Energy (SU), Bank of Nova Scotia (BNS), Toronto-Dominion Bank (TD), Enbridge (ENB), Alibaba Group (BABA), BCE (BCE) and Canadian Natural Resources (CNQ).

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 65)
Mr. Kevin J. Thomson, Sr. Exec. VP of Strategic Matters (Age 62)
Ms. Catherine P. Raw CFA, Chief Operating Officer of North America (Age 37)
Mr. Mark F. Hill B.Eng, Chief Operating Officer of Latam & Australia Pacific (Age 54)
Dr. Dennis Mark Bristow, Pres, CEO & Director (Age 60)

What is Barrick Gold's stock symbol?

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

How do I buy shares of Barrick Gold?

Shares of ABX and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Barrick Gold's stock price today?

One share of ABX stock can currently be purchased for approximately C$31.29.

How big of a company is Barrick Gold?

Barrick Gold has a market capitalization of C$55.63 billion and generates C$10.34 billion in revenue each year. Barrick Gold employs 17,500 workers across the globe.

What is Barrick Gold's official website?

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

How can I contact Barrick Gold?

Barrick Gold's mailing address is Canada Trust Tower 161 Bay St Suite 3700, TORONTO, ON M5J 2S1, Canada. The basic materials company can be reached via phone at +1-416-3077470 or via email at [email protected]

This page was last updated on 6/5/2020 by MarketBeat.com Staff