Barrick Gold Corporation (GOLD)

NYSE: GOLD · Real-Time Price · USD
15.84
-0.13 (-0.81%)
At close: Jan 3, 2025, 4:00 PM
15.88
+0.04 (0.24%)
After-hours: Jan 3, 2025, 7:42 PM EST
-0.81%
Market Cap 27.69B
Revenue (ttm) 12.34B
Net Income (ttm) 1.63B
Shares Out 1.75B
EPS (ttm) 0.92
PE Ratio 17.02
Forward PE 8.29
Dividend $0.40 (2.53%)
Ex-Dividend Date Nov 29, 2024
Volume 11,337,905
Open 15.90
Previous Close 15.97
Day's Range 15.84 - 15.99
52-Week Range 13.76 - 21.35
Beta 0.48
Analysts Buy
Price Target 23.50 (+48.36%)
Earnings Date Feb 12, 2025

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]

Industry Gold
Sector Materials
Founded 1983
Employees 23,000
Stock Exchange NYSE
Ticker Symbol GOLD
Full Company Profile

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 Statements

Analyst 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 48.36% from the latest price.

Price Target
$23.5
(48.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Gold Mining Leaders Barrick, Newmont Sink Deeper As Death Cross Looms

The glitter of gold is losing its luster for two mining giants, Barrick Gold Corp GOLD and Newmont Corp NEM, as both stocks have hit a technical Death Cross —a bearish signal when the 50-day moving av...

Other symbols: NEM
8 days ago - Benzinga

Into 2025: Top 8 Stocks I Own And Why (Part II)

2024 is going out with a bang as mystery drones, Federal Reserve hawkishness, and quantum stocks dominate headlines. It's time to look towards 2025 after another banner year for stocks. Here are four ...

11 days ago - Seeking Alpha

Barrick Gold: Back On The Sale Rack (Rating Upgrade)

Barrick Gold Corporation's 2025 outlook per its Investor Day shows increased capex, higher cash costs and lower production, impacting its near-term free cash flow outlook. However, this largely looks ...

15 days ago - Seeking Alpha

Barrick Seeks Fair Resolution in Mali Through Arbitration

TORONTO, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines...

17 days ago - GlobeNewsWire

Why Is Barrick Stock Down When Gold Prices Up?

Barrick Gold stock (NYSE: GOLD) has fallen about 21% in the last two months, currently trading at about $17 per share. This compares to the S&P 500 which remains up by about 3% and gold prices which h...

17 days ago - Forbes

Big Dividends For Pennies On The Dollar: Barrick Gold Over B2Gold's 6.3% Yield

Gold surged to new highs, but the gold mining sector has lagged recently due to cost and geopolitical issues. GOLD and B2Gold are currently trading for pennies on the dollar despite having strong bala...

Other symbols: BTG
18 days ago - Seeking Alpha

Final Trade: XHB, HON, BYD, Gold

The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.

Other symbols: HONXHB
26 days ago - CNBC Television

Dealmaker Hannam sues Randgold for up to $18 mln over Barrick merger work

Dealmaker Ian Hannam is suing Randgold Resources for up to $18 million he says he is owed for work on its acquisition by Canada's Barrick Gold , telling a London court on Friday that the gold miner re...

4 weeks ago - Reuters

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 ...

4 weeks ago - Business Wire

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...

5 weeks ago - GlobeNewsWire

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 ...

5 weeks ago - GlobeNewsWire

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.

6 weeks ago - CNBC Television

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - GlobeNewsWire

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...

6 weeks ago - Seeking Alpha

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...

6 weeks ago - Seeking Alpha

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...

2 months ago - Schwab Network

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...

2 months ago - Seeking Alpha

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...

2 months ago - Bloomberg Markets and Finance

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...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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...

2 months ago - Seeking Alpha

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - Seeking Alpha

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 ...

3 months ago - GlobeNewsWire