Barrick Gold Corporation (GOLD)
| Market Cap | 29.17B |
| Revenue (ttm) | 12.34B |
| Net Income (ttm) | 1.63B |
| Shares Out | 1.75B |
| EPS (ttm) | 0.92 |
| PE Ratio | 17.93 |
| Forward PE | 9.63 |
| Dividend | $0.40 (2.40%) |
| Ex-Dividend Date | Nov 29, 2024 |
| Volume | 19,120,128 |
| Open | 16.60 |
| Previous Close | 16.56 |
| Day's Range | 16.46 - 16.81 |
| 52-Week Range | 13.76 - 21.35 |
| Beta | 0.48 |
| Analysts | Buy |
| Price Target | 22.44 (+34.53%) |
| 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]
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 9 analysts, the average rating for GOLD stock is "Buy." The 12-month stock price forecast is $22.44, which is an increase of 34.53% from the latest price.
News
Barrick Gold: Gold Price Headed To The Moon
Barrick Gold Corporation stock is a strong investment due to anticipated gold price increases driven by rising inflation and economic uncertainties. Gold's value is resilient against inflation, with m...
Barrick Gold CEO on Prices, World Risk, Dispute With Mali, M&A, Share Buybacks
Barrick Gold Chief Executive Officer Mark Bristow says the company is “making progress” in its dispute with Mali's military regime, but the advances haven't come as fast as expected. The CEO of the wo...
Barrick's Kibali Ends 2024 With Strong Performance
All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick's Kibali gold mine achieved an imp...
Barrick's Lumwana Mine Fuels Zambia's Economic Growth With Major Expansion on the Horizon
All amounts expressed in US dollars LUMWANA, Zambia, Jan. 26, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) has reaffirmed its commitment to Zambia's economic growth, contribu...
Barrick's Twiga Partnership Drives Sustainable Value Creation in Tanzania's Economy
All amounts expressed in US dollars unless stated otherwise BULYANHULU, Tanzania, Jan. 23, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) has injected over $4.24 billion into ...
Mali dispute crucial for African investment climate: Barrick CEO Bristow
Paul has more than 20 years of experience in the mining sector in investor relations, communications, research, and news reporting roles, and over 16 years of experience in the Colombia gold sector. P...
Barrick Provides Further Update on Loulo-Gounkoto Operations in Mali
TORONTO, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today confirmed that the company remains restricted from shipping gold from the Loulo-Gounkoto mining complex i...
Barrick urges shareholders to reject undervalued mini-tender offer
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover...
Barrick Gold Is Attractively Priced And Has A Healthy Growth Profile
Barrick Gold is undervalued with an attractive P/E ratio of 8-9 for 2025-2026 earnings, making it a compelling buy, despite recent underperformance. The company has a strong balance sheet and substant...
Barrick Gold: Underestimated Potential Amid Political Uncertainty
Barrick Gold shares remain undervalued despite a 31% rise in net income and higher gold prices due to political instability in Mali and temporary production problems in Nevada. The company has strong ...
Barrick Update on Loulo-Gounkoto Operations in Mali
TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) remains restricted from shipping gold from its Loulo-Gounkoto mining complex in Mali. In addition, an interim a...
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...
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 ...
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 ...
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...
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...
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...
Final Trade: XHB, HON, BYD, Gold
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
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...
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...