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Barrick Gold TSX:ABX Stock Report

Last Price

CA$26.40

Market Cap

CA$46.0b

7D

-0.3%

1Y

22.6%

Updated

12 Mar, 2025

Data

Company Financials +

Barrick Gold Corporation

TSX:ABX Stock Report

Market Cap: CA$46.0b

ABX Stock Overview

Engages in the exploration, mine development, production, and sale of gold and copper properties. More details

ABX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health5/6
Dividends4/6

Rewards

Trading at 24.6% below our estimate of its fair value

Earnings are forecast to grow 8.8% per year

Earnings grew by 68.6% over the past year

Risk Analysis

Unstable dividend track record


Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

ABX logo
Barrick Gold
WA
Analyst Price Target
Consensus Narrative from 10 Analysts

Investments In Lumwana And Reko Diq Will Expand Gold And Copper Reserves, Driving Future Opportunities

Key Takeaways Strategic investments in reserves and projects could drive revenue growth and capitalize on future commodity price increases, enhancing long-term earnings potential. Cost efficiencies and strong cash flow generation may boost net margins and earnings per share through reduced costs and share buybacks.
View narrative
CA$31.67
FV
16.6% undervalued intrinsic discount
8.55%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
8users have followed this narrative
Updated narrative
View Barrick Gold Community

Barrick Gold Corporation Competitors

Wheaton Precious Metals

TSX:WPM

CA$46.5b

Kinross Gold

TSX:K

CA$19.8b

Alamos Gold

TSX:AGI

CA$14.5b

Lundin Gold

TSX:LUG

CA$10.0b

Price History & Performance

Summary of share price highs, lows and changes for Barrick Gold
Historical stock prices
Current Share PriceCA$26.40
52 Week HighCA$29.50
52 Week LowCA$20.65
Beta0.51
1 Month Change5.90%
3 Month Change8.02%
1 Year Change22.56%
3 Year Change-11.94%
5 Year Change17.59%
Change since IPO2,152.80%

Recent News & Updates

Calculating The Intrinsic Value Of Barrick Gold Corporation (TSE:ABX)

Feb 27
Calculating The Intrinsic Value Of Barrick Gold Corporation (TSE:ABX)

Results: Barrick Gold Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 14
Results: Barrick Gold Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Recent updates

Calculating The Intrinsic Value Of Barrick Gold Corporation (TSE:ABX)

Feb 27
Calculating The Intrinsic Value Of Barrick Gold Corporation (TSE:ABX)

Results: Barrick Gold Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

Feb 14
Results: Barrick Gold Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts

We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)

Feb 06
We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)

Here's Why Barrick Gold (TSE:ABX) Can Manage Its Debt Responsibly

Dec 30
Here's Why Barrick Gold (TSE:ABX) Can Manage Its Debt Responsibly

There's Been No Shortage Of Growth Recently For Barrick Gold's (TSE:ABX) Returns On Capital

Nov 08
There's Been No Shortage Of Growth Recently For Barrick Gold's (TSE:ABX) Returns On Capital

Investor Optimism Abounds Barrick Gold Corporation (TSE:ABX) But Growth Is Lacking

Oct 25
Investor Optimism Abounds Barrick Gold Corporation (TSE:ABX) But Growth Is Lacking

Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

Sep 24
Does Barrick Gold (TSE:ABX) Have A Healthy Balance Sheet?

Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

Aug 22
Barrick Gold's (TSE:ABX) Earnings Are Of Questionable Quality

We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)

Aug 09
We Like These Underlying Return On Capital Trends At Barrick Gold (TSE:ABX)

Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing

Jul 25
Barrick Gold Corporation's (TSE:ABX) Popularity With Investors Is Under Threat From Overpricing

Is There An Opportunity With Barrick Gold Corporation's (TSE:ABX) 40% Undervaluation?

Jun 23
Is There An Opportunity With Barrick Gold Corporation's (TSE:ABX) 40% Undervaluation?

It Looks Like Barrick Gold Corporation's (TSE:ABX) CEO May Expect Their Salary To Be Put Under The Microscope

Apr 25
It Looks Like Barrick Gold Corporation's (TSE:ABX) CEO May Expect Their Salary To Be Put Under The Microscope

These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well

Mar 28
These 4 Measures Indicate That Barrick Gold (TSE:ABX) Is Using Debt Reasonably Well

Shareholder Returns

ABXCA Metals and MiningCA Market
7D-0.3%-0.01%-1.6%
1Y22.6%29.8%8.8%

Return vs Industry: ABX underperformed the Canadian Metals and Mining industry which returned 29.8% over the past year.

Return vs Market: ABX exceeded the Canadian Market which returned 8.8% over the past year.

Price Volatility

Is ABX's price volatile compared to industry and market?
ABX volatility
ABX Average Weekly Movement4.3%
Metals and Mining Industry Average Movement10.5%
Market Average Movement8.6%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market3.2%

Stable Share Price: ABX has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: ABX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983n/aDennis Bristowwww.barrick.com

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. 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, Papua New Guinea, Tanzania, and the United States.

Barrick Gold Corporation Fundamentals Summary

How do Barrick Gold's earnings and revenue compare to its market cap?
ABX fundamental statistics
Market capCA$45.98b
Earnings (TTM)CA$3.08b
Revenue (TTM)CA$18.58b

14.8x

P/E Ratio

2.5x

P/S Ratio

Is ABX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABX income statement (TTM)
RevenueUS$12.92b
Cost of RevenueUS$7.96b
Gross ProfitUS$4.96b
Other ExpensesUS$2.82b
EarningsUS$2.14b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.24
Gross Margin38.39%
Net Profit Margin16.59%
Debt/Equity Ratio15.6%

How did ABX perform over the long term?

See historical performance and comparison

Dividends

2.2%

Current Dividend Yield

33%

Payout Ratio

Does ABX pay a reliable dividends?

See ABX dividend history and benchmarks
When do you need to buy ABX by to receive an upcoming dividend?
Barrick Gold dividend dates
Ex Dividend DateFeb 28 2025
Dividend Pay DateMar 17 2025
Days until Ex dividend13 days
Days until Dividend pay date4 days

Does ABX pay a reliable dividends?

See ABX dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/03/12 04:10
End of Day Share Price 2025/03/12 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Barrick Gold Corporation is covered by 56 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
David ColemanArgus Research Company
Fabrizio SpagnaAxia Financial Research