ABX.TO - Barrick Gold Corporation

Toronto - Toronto Delayed Price. Currency in CAD
13.52
-0.19 (-1.39%)
At close: 4:00PM EDT
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Previous Close13.71
Open13.51
Bid13.51 x 0
Ask13.52 x 0
Day's Range13.20 - 13.73
52 Week Range12.54 - 21.03
Volume6,325,322
Avg. Volume2,494,831
Market Cap15.78B
Beta0.62
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.16 (1.19%)
Ex-Dividend Date2018-08-30
1y Target EstN/A
  • Reuters1 hour ago

    Barrick Gold is in late-stage talks to buy Randgold Resources -source

    Mark Bristow, the chief executive of Randgold, will become CEO of the combined company, one of the sources said. Bloomberg News reported earlier that a deal was imminent, after it was first reported by mining blog IKN. Barrick does not currently have a president after Kelvin Dushinsky left to join AngloGold Ashanti Ltd (ANGJ.J) as CEO.

  • 3 Positive Signs for Precious Metals Right Now
    The Motley Fool10 days ago

    3 Positive Signs for Precious Metals Right Now

    Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) and other gold equities have suffered as spot prices have dropped in the summer months.

  • 3 Top Gold Stocks to Watch in September
    Motley Fool11 days ago

    3 Top Gold Stocks to Watch in September

    Gold hasn't been a very good investment in recent years. As a result, neither have gold stocks. Here are three gold-related stocks that could break that trend.

  • Barrick to eliminate innovation role under decentralization
    Reuters11 days ago

    Barrick to eliminate innovation role under decentralization

    Barrick Gold Corp (Toronto:ABX.TO - News) will eliminate the executive role of Chief Innovation Officer as part of a broad decentralization push, the company said on Wednesday, adding that it will continue to work on innovation and productivity improvements. Barrick did not officially announce the change, which follows work by CIO Michelle Ash to establish systems that support innovation work at the mine site, rather than the head office, a company spokesman said. "When operations are central to the innovation process, the implementation of new technologies and processes becomes faster and more successful," said Barrick spokesman Andy Lloyd.

  • Contrarian Investors: Is Barrick Gold Corp. (TSX:ABX) Stock Attractive Right Now?
    The Motley Fool12 days ago

    Contrarian Investors: Is Barrick Gold Corp. (TSX:ABX) Stock Attractive Right Now?

    Barrick Gold (TSX:ABX) (NYSE:ABX) is a contrarian pick, but the upside potential might be worth adding the stock to your portfolio.

  • Buy These Bargain Stocks to Combat Any Future Crisis Situation
    The Motley Fool25 days ago

    Buy These Bargain Stocks to Combat Any Future Crisis Situation

    Here’s how you can protect your portfolio with Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) or its better peer.

  • Which Gold Miners Could Offer Valuation Upsides after Q2 2018?
    Market Realist27 days ago

    Which Gold Miners Could Offer Valuation Upsides after Q2 2018?

    The average ratio of the NYSE Arca Gold Miners Index and the S&P 500 Index (SPY) is 0.18 compared to the ten-year average of 0.68. While the valuations of broader equities have continued to increase, the valuations of gold stocks haven’t kept the pace, and the ratio has fallen. In this article, we’ll see how individual gold miners look based on their valuations and compared to their histories and their peers.

  • Gold Miners Are Deeply Oversold—Is a Bounce around the Corner?
    Market Realist27 days ago

    Gold Miners Are Deeply Oversold—Is a Bounce around the Corner?

    Moving averages help traders and investors make market entry or exit decisions. Usually, if a stock is trading below its moving averages, it indicates that the stock is oversold, and vice versa. As we can see in the above table, all the gold miners we’re reviewing in this series are trading at discounts to their 50-day and 20-day moving averages based on their closing prices on August 17.

  • How Analysts Expect Gold Miners’ Earnings to Progress
    Market Realist28 days ago

    How Analysts Expect Gold Miners’ Earnings to Progress

    Now that we’ve considered analysts’ revenue estimates for the senior gold miners under review (GDX) in this series, let’s take a look at analysts’ EBITDA estimates.

  • What’s Driving Analysts’ Revenue Forecasts for Gold Miners?
    Market Realistlast month

    What’s Driving Analysts’ Revenue Forecasts for Gold Miners?

    In the previous article, we looked at analysts’ ratings for senior gold mining companies. In this article, we’ll look at analysts’ estimates for those companies’ (GDX) (JNUG) revenues going forward. 

  • Which Gold Miners Analysts Love after Q2 2018 and Why
    Market Realistlast month

    Which Gold Miners Analysts Love after Q2 2018 and Why

    In this article, we’ll look at the market sentiments for these companies. We’ll look at analysts’ recommendations, target prices, and potential upsides or downsides for these gold miners.

  • Ranking Gold Miners Based on Debt-Repayment Capacity
    Market Realistlast month

    Ranking Gold Miners Based on Debt-Repayment Capacity

    To a point, companies try to optimize their debt-to-equity mixes. In fact, it isn’t always bad to carry debt if a company can repay it through earnings.

  • How Do Gold Miners’ Liquidity Positions Look?
    Market Realistlast month

    How Do Gold Miners’ Liquidity Positions Look?

    One way to assess a company’s liquidity is to calculate its current ratio. Newmont Mining (NEM) and Kinross Gold (KGC) are doing the best among senior miners with ratios of 4.6x and 3.7x, respectively. Goldcorp (GG) and Yamana Gold (AUY), on the other hand, have the lowest current ratios of 1.01x and 1.04x, respectively.

  • At What Cost Are Gold Miners Mining Gold?
    Market Realistlast month

    At What Cost Are Gold Miners Mining Gold?

    AISC (all-in sustaining costs) is an encompassing measure that helps us compare gold miners’ performances. Barrick Gold (ABX) reported AISC of $856 per ounce and a cost of sales of $882 per ounce in the second quarter. Its cost of sales reached 22.0%, and its AISC was 21.0% higher YoY (year-over-year).

  • Which Gold Miners Could Grow Their Productions Going Forward?
    Market Realistlast month

    Which Gold Miners Could Grow Their Productions Going Forward?

    After making discretionary cuts on exploration and capex for many years, gold miners (GDX) (JNUG) have started to refocus on production growth. Newmont Mining (NEM) has approved eight projects since mid-2014. It’s also still on track to reach commercial production at Subika Underground in the fourth quarter.

  • What Factors Could Support Newmont’s Valuation Multiple?
    Market Realistlast month

    What Factors Could Support Newmont’s Valuation Multiple?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Newmont Mining (NEM) has a forward EV-to-EBITDA multiple of 7.6x, which is the highest among the senior gold miners. Senior miners Kinross Gold (KGC), Barrick Gold (ABX), and Goldcorp (GG) are trading at forward multiples of 3.7x, 5.5x, and 6.3x, respectively.

  • Does Gold Miners’ Declining Production Herald Tighter Supply?
    Market Realistlast month

    Does Gold Miners’ Declining Production Herald Tighter Supply?

    Goldcorp (GG) produced 571,000 ounces of gold in the second quarter, a fall of ~10.0% YoY (year-over-year). Barrick Gold (ABX) produced ~1.07 million ounces of gold in the second quarter, reflecting a fall of ~25.0% YoY. Part of Barrick Gold’s lower production was expected due to lower ore grades, recovery at the Barrick Nevada oxide mill, and scheduled maintenance shutdowns at the Barrick Nevada and Pueblo Viejo autoclaves.

  • Analyzing Gold Miners’ Beats and Misses after Q2 2018
    Market Realistlast month

    Analyzing Gold Miners’ Beats and Misses after Q2 2018

    Among the gold miners (RING) (GDX) we’re discussing in this series, only Newmont Mining (NEM) beat analysts’ expectations in the second quarter. Stock reactions to the companies’ beats and misses and the extent of gold’s beats and misses varied among miners.

  • Which Gold Miners Show Upside Potential after Q2 2018?
    Market Realistlast month

    Which Gold Miners Show Upside Potential after Q2 2018?

    Gold prices haven’t been able to catch a break even as geopolitical concerns have become more pronounced. On August 15, gold prices fell to a 19-month low of $1,173 per ounce as the US dollar continued its winning streak. The precious metal appears to have lost some of its safe-haven appeal.

  • Could Newmont’s Free Cash Flow Rise in the Coming Quarters?
    Market Realistlast month

    Could Newmont’s Free Cash Flow Rise in the Coming Quarters?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Investors are usually interested in the company’s FCF (free cash flow) progression, as it enables miners (GDX)(RING) to optimize their financial leverage, invest in projects supporting long-term value, and provide shareholder returns. In this context, we’ll look at Newmont Mining’s (NEM) FCF generation in 2018 and its future capability to generate cash.

  • How Does Newmont Mining’s Financial Leverage Look?
    Market Realistlast month

    How Does Newmont Mining’s Financial Leverage Look?

    Newmont Mining (NEM) saw its debt rise at the peak of the cycle due to expensive acquisitions. These companies are now focusing on steadily paying off their debt.

  • Why Newmont Mining Expects Cost Improvements in 2019
    Market Realistlast month

    Why Newmont Mining Expects Cost Improvements in 2019

    Newmont Mining’s (NEM) AISC (all-in sustaining costs) totaled $1,024 per ounce in the second quarter, 16.0% higher YoY (year-over-year) and 5.2% higher sequentially. This represents the temporary rise in costs for Newmont Mining in 2018 as the company executes its stripping campaigns at Carlin, Twin Creeks, Boddington, and Yanacocha. 

  • Is Newmont’s Project Pipeline Strong Enough to Support Growth?
    Market Realistlast month

    Is Newmont’s Project Pipeline Strong Enough to Support Growth?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Newmont Mining is poised to overtake Barrick Gold as the world’s largest gold producer in 2018. For more on this, please read Barrick Gold versus Newmont Mining: Comparing Miners in 2018 and Beyond.

  • What Could Drive Newmont Mining’s Stock in the Rest of 2018?
    Market Realistlast month

    What Could Drive Newmont Mining’s Stock in the Rest of 2018?

    Newmont Mining (NEM) reported its second-quarter earnings before the market opened on July 26 and held its conference call the same day. The company reported EPS of $0.26, which beat the consensus expectations by $0.02. Its revenues of $1.66 billion, however, missed expectations by 7.0%.

  • This Top Gold Stock Is Up +80% in the Last 12 Months
    The Motley Foollast month

    This Top Gold Stock Is Up +80% in the Last 12 Months

    How did Kirkland Lake Gold Ltd. (TSX:KL)(NYSE:KL) leave the rest of the pack in the dust?