TSE:ABX

Barrick Gold Co. (ABX.TO) Stock Forecast, Price & News

C$30.07

+0.26 (+0.87 %)

(As of 01/20/2021 01:03 PM ET)

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Today's Range

C$29.89

Now: C$30.07▼

C$30.33

50-Day Range

C$28.62

MA: C$29.81▼

C$31.49

52-Week Range

C$17.52

Now: C$30.07▼

C$41.09

Volume2.17 million shs

Average Volume3.94 million shs

Market CapitalizationC$53.47 billion

P/E Ratio17.67

Dividend Yield1.54%

BetaN/A

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, CÃ´te d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Papua New Guinea, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas. It has a strategic alliance agreement with Reunion Gold Corporation. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

MarketRank^™

Overall MarketRank^™

2.10 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Barrick Gold Co. (ABX.TO) has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$41.00, Barrick Gold Co. (ABX.TO) has a forecasted upside of 36.4% from its current price of C$30.05.
Amount of Analyst Coverage
Barrick Gold Co. (ABX.TO) has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Barrick Gold Co. (ABX.TO) has received 576 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Barrick Gold Co. (ABX.TO) has received 614 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Barrick Gold Co. (ABX.TO) has received 51.60% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Barrick Gold Co. (ABX.TO) 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.

1.7 Dividend Strength

Dividend Yield
Barrick Gold Co. (ABX.TO) pays a meaningful dividend of 1.54%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Barrick Gold Co. (ABX.TO) does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Barrick Gold Co. (ABX.TO) is 15.86%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Barrick Gold Co. (ABX.TO) insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$1,721,425.00 in company stock and sold C$0.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Barrick Gold Co. (ABX.TO) is 17.66, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.60.
Price to Earnings Ratio vs. Sector
The P/E ratio of Barrick Gold Co. (ABX.TO) is 17.66, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 23.98.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Barrick Gold Co. (ABX.TO), their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Barrick Gold Co. (ABX.TO) has a P/B Ratio of 2.34. 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

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

Employees17,500

Debt

Debt-to-Equity Ratio16.31

Current Ratio4.49

Quick Ratio3.00

Price-To-Earnings

Trailing P/E Ratio17.67

Forward P/E Ratio61.37

P/E Growth-1.16

Sales & Book Value

Annual SalesC$12.20 billion

Price / Sales4.38

Cash FlowC$2.69 per share

Price / Cash Flow11.17

Book ValueC$12.82 per share

Price / Book2.35

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares1,778,126,000

Market CapC$53.47 billion

Next Earnings Date2/18/2021 (Confirmed)

OptionableOptionable

C$30.07

+0.26 (+0.87 %)

(As of 01/20/2021 01:03 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Barrick Gold Co. (ABX.TO) (TSE:ABX) Frequently Asked Questions

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

Barrick Gold Co. (ABX.TO)'s stock was trading at C$25.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ABX stock has increased by 15.8% and is now trading at C$29.93.
View which stocks have been most impacted by COVID-19.

Is Barrick Gold Co. (ABX.TO) a buy right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Barrick Gold Co. (ABX.TO) in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Barrick Gold Co. (ABX.TO) stock.
View analyst ratings for Barrick Gold Co. (ABX.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Barrick Gold Co. (ABX.TO)?

Wall Street analysts have given Barrick Gold Co. (ABX.TO) 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 Co. (ABX.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Barrick Gold Co. (ABX.TO)'s next earnings date?

Barrick Gold Co. (ABX.TO) is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Barrick Gold Co. (ABX.TO).

How were Barrick Gold Co. (ABX.TO)'s earnings last quarter?

Barrick Gold Co. (ABX.TO) (TSE:ABX) released its quarterly earnings data on Thursday, November, 5th. The basic materials company reported $0.55 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.42 by $0.13. The basic materials company had revenue of $4.72 billion for the quarter, compared to the consensus estimate of $4.42 billion.
View Barrick Gold Co. (ABX.TO)'s earnings history.

How often does Barrick Gold Co. (ABX.TO) pay dividends? What is the dividend yield for Barrick Gold Co. (ABX.TO)?

Barrick Gold Co. (ABX.TO) announced a quarterly dividend on Thursday, November 5th. Investors of record on Monday, November 30th will be given a dividend of 0.12 per share on Tuesday, December 15th. This represents a $0.48 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date is Friday, November 27th. This is an increase from Barrick Gold Co. (ABX.TO)'s previous quarterly dividend of C$0.10.
View Barrick Gold Co. (ABX.TO)'s dividend history.

Is Barrick Gold Co. (ABX.TO) a good dividend stock?

Barrick Gold Co. (ABX.TO) pays an annual dividend of C$0.27 per share and currently has a dividend yield of 1.54%. The dividend payout ratio of Barrick Gold Co. (ABX.TO) is 15.86%. This payout ratio is at a healthy, sustainable level, below 75%.
View Barrick Gold Co. (ABX.TO)'s dividend history.

What price target have analysts set for ABX?

2 brokerages have issued 1-year price targets for Barrick Gold Co. (ABX.TO)'s stock. Their forecasts range from C$36.00 to C$48.00. On average, they expect Barrick Gold Co. (ABX.TO)'s stock price to reach C$41.00 in the next year. This suggests a possible upside of 37.0% from the stock's current price.
View analysts' price targets for Barrick Gold Co. (ABX.TO) or view Wall Street analyst' top-rated stocks.

Who are some of Barrick Gold Co. (ABX.TO)'s key competitors?

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

What other stocks do shareholders of Barrick Gold Co. (ABX.TO) own?

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

Who are Barrick Gold Co. (ABX.TO)'s key executives?

Barrick Gold Co. (ABX.TO)'s management team includes the following people:

Mr. John Lawson Thornton, Non-Independent Exec. Chairman & Member of International Advisory Board (Age 66, Pay $5.18M)
Dr. Dennis Mark Bristow, Pres, CEO & Director (Age 61, Pay $7.25M)
Mr. Graham Patrick Shuttleworth, Sr. EVP & CFO (Age 51, Pay $2.5M)
Mr. Kevin J. Thomson, Sr. Exec. VP of Strategic Matters (Age 63, Pay $2.36M)
Mr. Mark F. Hill B.Eng, Chief Operating Officer of Latam & Asia Pacific (Age 55, Pay $2.18M)
Mr. Deni Nicoski, Sr. VP of Investor Relations
Mr. Rich Haddock, Gen. Counsel (Age 61)
Ms. Lois V. Wark, Group Corp. Communications & Investor Relations Exec. (Age 64)
Mr. Darian Kevin Rich, HR Exec. (Age 59)
Mr. Robert L. Krcmarov, Exec. VP of Exploration & Growth (Age 55)

What is Barrick Gold Co. (ABX.TO)'s stock symbol?

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

How do I buy shares of Barrick Gold Co. (ABX.TO)?

Shares of ABX 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.

What is Barrick Gold Co. (ABX.TO)'s stock price today?

One share of ABX stock can currently be purchased for approximately C$29.93.

How big of a company is Barrick Gold Co. (ABX.TO)?

Barrick Gold Co. (ABX.TO) has a market capitalization of C$53.22 billion and generates C$12.20 billion in revenue each year. Barrick Gold Co. (ABX.TO) employs 17,500 workers across the globe.

What is Barrick Gold Co. (ABX.TO)'s official website?

The official website for Barrick Gold Co. (ABX.TO) is www.barrick.com.

How can I contact Barrick Gold Co. (ABX.TO)?

Barrick Gold Co. (ABX.TO)'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 1/20/2021 by MarketBeat.com Staff

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