Barrick Gold Corporation (GOLD)
| Market Cap | 30.10B |
| Revenue (ttm) | 12.34B |
| Net Income (ttm) | 1.63B |
| Shares Out | 1.75B |
| EPS (ttm) | 0.92 |
| PE Ratio | 19.22 |
| Forward PE | 9.62 |
| Dividend | $0.40 (2.26%) |
| Ex-Dividend Date | Aug 30, 2024 |
| Volume | 6,729,203 |
| Open | 17.35 |
| Previous Close | 17.21 |
| Day's Range | 17.35 - 17.74 |
| 52-Week Range | 13.76 - 21.35 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 23.50 (+32.88%) |
| Earnings Date | Nov 7, 2024 |
About GOLD
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, 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 l... [Read more]
Financial Performance
In 2023, Barrick Gold's revenue was $11.40 billion, an increase of 3.49% compared to the previous year's $11.01 billion. Earnings were $1.27 billion, an increase of 194.44%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for GOLD stock is "Buy." The 12-month stock price forecast is $23.5, which is an increase of 32.88% from the latest price.
News
Quaise Energy and Nevada Gold Mines Partner on Deep Geothermal Pilot Plant to Decarbonize Mining
HOUSTON--(BUSINESS WIRE)--Quaise Energy, Inc. (Quaise) and the Barrick-operated Nevada Gold Mines (NGM), a joint venture with Newmont Corporation, are exploring additional decarbonization of NGM's TS ...
Barrick Welcomes Ontario Superior Court's Dismissal of Litigation Concerning North Mara Gold Mine
TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has welcomed the Ontario Superior Court's dismissal of claims brought by Tanzanian residents alleging human rig...
Barrick Confirms Arrest of Four Malian Employees, Reaffirms Commitment to Resolution of Disputes
TORONTO, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that four employees of its Loulo-Gounkoto mining complex had been charged and detained pending ...
Barrick Gold CEO: Here is what's driving the price of gold lately
Mark Bristow, Barrick Gold president and CEO, joins 'Squawk Box' to discuss what's driving the price of gold lately, if Bristow considered owning Bitcoin, and much more.
Long-Term Value Creation Drives Sustainable Growth for Barrick
All amounts expressed in US dollars NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) said today it was making significant progress in building a business for t...
Barrick's Fourmile Project Shows Further World-Class Potential
All amounts expressed in US dollars NEW YORK, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today updated its mineral resource estimate for its wholly-owned Fourmile...
Barrick Gold: An Alternative To Gold Investment
In 3Q24, Barrick Gold generated $3.37 billion in revenues, posting year-on-year and sequential growth of 17.68% and 6.51%, respectively; the company's top line had beat estimates by $31.17 million. GO...
Barrick Gold's Valuation Is Too Good To Ignore
Barrick Gold's post-earnings selloff presents a favorable risk/reward setup, with the uptrend intact unless $16.59 is breached. Despite rising revenues, production declines and increasing costs hinder...
Barrick Gold CEO on Investment Strategies in Gold & Copper
Mark Bristow, CEO of Barrick Gold (GOLD), talks about his company's role in the "long game" of the mining industry. He urges investors to have gold in your portfolio, and notes copper is as "strategic...
Barrick Gold Corporation (GOLD) Q3 2024 Earnings Call Transcript
Barrick Gold Corporation (NYSE:GOLD) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Mark Bristow - President and Chief Executive Officer Graham Shuttleworth - Senio...
Gold Is in a Good Place, Says Barrick CEO
Barrick Gold President and CEO Mark Bristow joined "Bloomberg Open Interest" to talk about what's driving gold prices in the wake of the Presidential election and what's ahead for the sector under a T...
Barrick Mines Set to Deliver Strong Finish to the Year
Third Quarter 2024 Results All amounts expressed in U.S. dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) dealt with ongoing challenges and made signifi...
Barrick Declares Q3 Dividend and Buys Back Additional Shares
All amounts expressed in US dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the th...
Barrick Gold: Attractive Entry Point Before Q3 Results
I am initiating coverage on Barrick Gold with a "Buy" rating, expecting the stock to outperform over the next 24 to 36 months. Barrick Gold is undervalued with a forward EV/EBITDA of 6.47, compared to...
Barrick Responds to Mali Government's Claims of Breaching Its Commitments
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) denies the allegations made by the Malian Ministry of Mines and the Finance Ministry that it had not honored it...
Barrick Gold: Gold's Rally Adds Fuel To The Bullish Thesis
I maintain a buy rating on Barrick Gold Corporation stock due to its undervaluation and strong performance amid soaring gold prices and central bank buying. Barrick's Q2 results exceeded expectations ...
Notice of Release of Barrick's Third Quarter 2024 Results
TORONTO, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Barrick (NYSE:GOLD)(TSX:ABX) will release its Q3 2024 results on Thursday, November 7, 2024. President and CEO Mark Bristow will host a live presentation of ...
Africa's Largest Gold Mine Probes Significant New Discoveries
All amounts expressed in US dollars unless stated otherwise KINSHASA, Democratic Republic of Congo, Oct. 08, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Very significant ...
Twiga Partnership Leads Extractive Industry's Contribution to Tanzanian Economy
All amounts expressed in US dollars unless stated otherwise BULYANHULU, Tanzania, Oct. 05, 2024 (GLOBE NEWSWIRE) -- The Twiga partnership between Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and the ...
Ready for Growth? Barrick Gold Stock Could Be the Answer
With gold prices reaching a new peak of $2,653.98 per troy ounce, marking a significant year-to-date surge of 28.71%, investors understandably turn their attention to the gold market and the companies...
Lumwana's Super Pit Expansion Officially Launched
All amounts expressed in US$ LUMWANA, Zambia, Oct. 02, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The development of a Super Pit at Barrick's Lumwana copper mine was offi...
Barrick and Mali Reach Agreement to Settle Disputes
BAMAKO, Mali, Sept. 30, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and the government of Mali have agreed to find a global resolution to the existing claims and disputes be...
Porgera Mine Working with UN and Enga Provincial Government to Provide Humanitarian Aid to Violence-Stricken Province
All amounts expressed in US$ PORT MORESBY, Papua New Guinea, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – New Porgera Limited (NPL) said today it is working with...
Barrick Gold: An Industry Leader, But Not Attractive Enough
Barrick Gold, one of the largest gold miner, reported a good Q2 result. Production is expected to increase at a high gold price while AISC keeps management under control. Based on EVA fair value calcu...
Barrick Gold Is Printing Profits Again On Record Prices
Barrick Gold deserves a Buy rating due to its potential to profit from rising gold prices, amid a resumption of global money printing and inflation building trends. Irresponsible government fiscal spe...