Barrick Gold (ABX) Stock Price, News & Analysis

Company Overview

Barrick Gold Corp is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment. Geographically, it derives a majority of revenue from the United States.

Key Stats

• Today's Range: C$25.60 to C$26.18
• 50-Day Range: C$22.19 to C$26.72
• 52-Week Range: C$20.40 to C$29.50
• Volume: 2.01 million shs
• Average Volume: 3.26 million shs
• Market Capitalization: C$31.18 billion
• P/E Ratio: 19.31
• Dividend Yield: 2.11%
• Price Target: C$30.73
• Consensus Rating: Moderate Buy

Barrick Gold Stock Analysis - MarketRank™

Barrick Gold scored higher than 55% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Barrick Gold has received a consensus rating of Moderate Buy. The company's average rating score is 2.73, and is based on 6 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Barrick Gold has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Barrick Gold is 19.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.61.

Price to Earnings Ratio vs. Sector

The P/E ratio of Barrick Gold is 19.31, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 101.01.

Price to Earnings Growth Ratio

Barrick Gold has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Barrick Gold has a P/B Ratio of 1.37. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for ABX.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Barrick Gold pays a meaningful dividend of 2.11%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Barrick Gold does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Barrick Gold is 40.66%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for ABX.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: 0.65

News Sentiment

Barrick Gold has a news sentiment score of 0.65. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 9 news articles for Barrick Gold this week, compared to 4 articles on an average week.

Search Interest

Only 3 people have searched for ABX on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

MarketBeat Follows

Only 6 people have added Barrick Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, Barrick Gold insiders have bought 1,196.70% more of their company's stock than they have sold. Specifically, they have bought C$5,936,042.00 in company stock and sold C$457,782.00 in company stock.

Percentage Held by Insiders

Only 0.60% of the stock of Barrick Gold is held by insiders.

Percentage Held by Institutions

62.23% of the stock of Barrick Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

ABX Stock Analysis - Frequently Asked Questions

How have ABX shares performed this year?

Barrick Gold's stock was trading at C$22.29 on January 1st, 2025. Since then, ABX stock has increased by 15.1% and is now trading at C$25.65.
View the best growth stocks for 2025 here.

How were Barrick Gold's earnings last quarter?

Barrick Gold Co. (TSE:ABX) released its earnings results on Thursday, November, 7th. The basic materials company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.03. Barrick Gold had a net margin of 13.19% and a trailing twelve-month return on equity of 6.90%.

How do I buy shares of Barrick Gold?

Shares of ABX stock 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 other stocks do shareholders of Barrick Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Barrick Gold investors own include Barrick Gold (GOLD), NVIDIA (NVDA), TELUS (T), Toronto-Dominion Bank (TD), Bank of Nova Scotia (BNS), Tesla (TSLA) and Enbridge (ENB).

Company Calendar

• Last Earnings: 11/07/2024
• Ex-Dividend for 12/16 Dividend: 11/29/2024
• Dividend Payable: 12/16/2024
• Today: 3/03/2025

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Precious Metals
• Current Symbol: TSE:ABX
• CIK: N/A
• Web: www.barrick.com
• Phone: +1-416-3077470
• Fax: N/A
• Employees: 21,300
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$30.73
• High Stock Price Target: C$38.00
• Low Stock Price Target: C$19.00
• Potential Upside/Downside: +19.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.73
• Research Coverage: 11 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$1.33
• Trailing P/E Ratio: 19.31
• Forward P/E Ratio: 11.44
• P/E Growth: 2.34
• Net Income: C$1.12 billion
• Net Margins: 13.19%
• Pretax Margin: N/A
• Return on Equity: 6.90%
• Return on Assets: 4.00%

Debt

• Debt-to-Equity Ratio: 19.83
• Current Ratio: 2.65
• Quick Ratio: 2.62

Sales & Book Value

• Annual Sales: C$8.51 billion
• Price / Sales: 3.66
• Cash Flow: C$3.55 per share
• Price / Cash Flow: 7.23
• Book Value: C$18.67 per share
• Price / Book: 1.37

Miscellaneous

• Outstanding Shares: 1,215,418,799
• Free Float: N/A
• Market Cap: C$31.18 billion
• Optionable: Not Optionable
• Beta: 0.48