Barrick Gold (NYSE:GOLD) - Stock Price, News & Analysis

GOLD Stock Overview

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties.

About the company

GOLD fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	3/6
Past Performance	1/6
Financial Health	5/6
Dividends	1/6

Rewards

Earnings are forecast to grow 32.17% per year

Risk Analysis

Dividend of 2.28% is not well covered by earnings or cash flows

Large one-off items impacting financial results

Profit margins (0.5%) are lower than last year (16.4%)

Barrick Gold Corporation Competitors

Newmont

NYSE:NEM

US$46.6b

Agnico Eagle Mines

NYSE:AEM

US$26.5b

Royal Gold

NasdaqGS:RGLD

US$8.0b

AngloGold Ashanti

NYSE:AU

US$8.4b

Price History & Performance

Summary of all time highs, changes and price drops for Barrick Gold
Historical stock prices
Current Share Price	CA$17.59
52 Week High	CA$20.75
52 Week Low	CA$13.82
Beta	0.27
1 Month Change	10.08%
3 Month Change	9.12%
1 Year Change	2.93%
3 Year Change	-25.50%
5 Year Change	31.56%
Change since IPO	123.37%

Recent updates

Persistent Inflation and Market Woes Could Put Barrick Gold on Buffett's Radar Again

Oct 14

Barrick Gold to sell royalty portfolio to Mmaverix for up to $60M

Sep 02

Barrick Gold Non-GAAP EPS of $0.24 beats by $0.02, revenue of $2.86B beats by $10M

Aug 08

Barrick Gold: Decent Production Should Help Coming Q2 Results

Aug 01

Barrick Gold: Trading At A Deep Discount To Fair Value

Jul 16

Pair Trade: Barrick Vs. Oxy Petroleum, Buffett's Syndrome And Its Challenges

Jun 29

Barrick Gold: Don't Be Too Eager Yet

Jun 22

Barrick Should Acquire NovaGold's Remaining 50% Of Donlin Now

May 29

Is Barrick Gold Stock A Buy, Sell, Or Hold After Recent Earnings? We Like The 4% Dividend Yield

May 20

Barrick Gold: An Attractive Yield At A Reasonable Price

May 05

Barrick Gold - Expect A 20 Cent Dividend In Q1 2022

Apr 13

Barrick Gold: Recent Developments Improve Investment Thesis

Mar 21

Returning Capital To GOLD Shareholders Could Be The Trigger To Re-Rate The Stock

Mar 10

Shareholder Returns

	GOLD	US Metals and Mining	US Market
7D	8.3%	3.0%	0.5%
1Y	2.9%	2.8%	11.0%

Return vs Industry: GOLD matched the US Metals and Mining industry which returned 2.8% over the past year.

Return vs Market: GOLD underperformed the US Market which returned 11% over the past year.

Price Volatility

Is GOLD's price volatile compared to industry and market?
GOLD volatility
GOLD Average Weekly Movement	4.0%
Metals and Mining Industry Average Movement	7.4%
Market Average Movement	6.0%
10% most volatile stocks in US Market	15.4%
10% least volatile stocks in US Market	2.9%

Stable Share Price: GOLD is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

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

About the Company

Founded	Employees	CEO	Website
1983	n/a	Dennis Bristow	https://www.barrick.com

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are 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 located throughout the Americas, Asia, and Africa.

Barrick Gold Corporation Fundamentals Summary

How do Barrick Gold's earnings and revenue compare to its market cap?
GOLD fundamental statistics
Market Cap	US$30.59b
Earnings (TTM)	US$58.00m
Revenue (TTM)	US$11.11b

531.8x

P/E Ratio

2.8x

P/S Ratio

Is GOLD overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOLD income statement (TTM)
Revenue	US$11.11b
Cost of Revenue	US$7.95b
Gross Profit	US$3.16b
Other Expenses	US$3.10b
Earnings	US$58.00m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.033
Gross Margin	28.43%
Net Profit Margin	0.52%
Debt/Equity Ratio	14.9%

How did GOLD perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

1,211%

Payout Ratio

GOLD Stock Overview

Rewards

Risk Analysis

Barrick Gold Corporation Competitors

NYSE:NEM

US$46.6b

NYSE:AEM

US$26.5b

NasdaqGS:RGLD

US$8.0b

NYSE:AU

US$8.4b

Price History & Performance

Recent News & Updates

President recently bought US$1.8m worth of stock

Upcoming dividend of US$0.10 per share at 2.5% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Barrick Gold Corporation Declares A Dividend for the Third Quarter of 2023, Payable on December 15, 2023

Barrick Gold Corporation Commences Phase Two Drilling At Precipitate's Pueblo Grande Project, Dominican Republic

Recent updates

President recently bought US$1.8m worth of stock

Upcoming dividend of US$0.10 per share at 2.5% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Insufficient new directors

Barrick Gold Corporation Declares A Dividend for the Third Quarter of 2023, Payable on December 15, 2023

Barrick Gold Corporation Commences Phase Two Drilling At Precipitate's Pueblo Grande Project, Dominican Republic

Barrick Gold Corporation Declares a Dividend for the Second Quarter of 2023, Payable on September 15, 2023

Barrick Gold Corporation Targets 2028 for First Production from Reko Diq

Alexco Resource Corp. completed the acquisition of ATAC Resources Ltd. (TSXV:ATC) from Barrick Gold Corporation (TSX:ABX) and others.

Barrick Gold Corporation Set to Roll Out New 10-Year Plan on Back of Production Ramp-Up and Reserve Replacement

Senior EVP & CFO recently sold US$2.1m worth of stock

Latin Metals Inc. Provides Update on Barrick Gold Exploration Activities, Cerro Bayo Project, Argentina

New minor risk - Insider selling

President recently sold US$3.6m worth of stock

Barrick Gold Corporation to Report Q3, 2023 Results on Nov 02, 2023

Upcoming dividend of US$0.10 per share at 3.6% yield

Barrick Gold Corporation Declares First Quarter Dividend of 2023, to Be Paid on June 15, 2023

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

President recently bought US$3.2m worth of stock

Upcoming dividend of US$0.10 per share at 3.9% yield

Barrick Gold Corporation (TSX:ABX) announces an Equity Buyback for $1,000 million worth of its shares.

Full year 2022 earnings: EPS misses analyst expectations

Barrick Gold Q4 earnings on deck, what to expect

Barrick Gold Corporation Grows Attributable Proven and Probable Gold Mineral Reserves by 6.7 Million Ounces Net of Depletion in 2022

Barrick Gold Corporation, Annual General Meeting, May 02, 2023

Barrick’S Tanzanian Assets Deliver Record Production and Create Long-Term Value

Barrick reports production of 547k oz gold in 2022 from Tanzania mines

Barrick Gold targets 2028 for first production from Reko Diq project

Barrick Gold Corporation Explores for Both High Sulphidation Epithermal Gold and Concealed Copper-Gold Porphyry Style Mineralization At Precipitate's Pueblo Grande Project, Dominican Republic

Barrick Gold Corporation to Report Q4, 2022 Results on Feb 15, 2023

Insider recently bought US$516k worth of stock

Barrick Gold: Imminent Pakistan Project Decision, Major Risk/Reward

President recently bought US$3.0m worth of stock

Montage Gold Corp. (TSXV:MAU) completed the acquisition of Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV).

Upcoming dividend of US$0.15 per share

Insufficient new directors

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Barrick Gold Corporation Declares Dividend for the Third Quarter of 2022, Payable on December 15, 2022

Investor sentiment deteriorated over the past week

Isela Costantini Joins Barrick Gold Corporation Board

Barrick Gold Q3 preview: Falling production seems to be the norm

Barrick Gold Corporation Provides Production Guidance of 2022

Persistent Inflation and Market Woes Could Put Barrick Gold on Buffett's Radar Again

Barrick Gold Corporation to Report Q3, 2022 Results on Nov 03, 2022

Barrick Gold to sell royalty portfolio to Mmaverix for up to $60M

Upcoming dividend of US$0.20 per share

Barrick Gold Corporation Provides Production Guidance for the Year 2022

Second quarter 2022 earnings: EPS misses analyst expectations

Barrick Gold Non-GAAP EPS of $0.24 beats by $0.02, revenue of $2.86B beats by $10M

Barrick Gold: Decent Production Should Help Coming Q2 Results

Barrick Gold: Trading At A Deep Discount To Fair Value

Barrick Gold Corporation Reaffirms Production Guidance for the Year 2022

Barrick Gold Corporation to Report Q2, 2022 Results on Aug 08, 2022

Pair Trade: Barrick Vs. Oxy Petroleum, Buffett's Syndrome And Its Challenges

Barrick Gold: Don't Be Too Eager Yet

Montage Gold Corp. (TSXV:MAU) entered into an agreement to acquire Mankono-Sissédougou Joint Venture Project from Barrick Gold Corporation (TSX:ABX) and Endeavour Mining plc (TSX:EDV) for CAD 30 million.

Barrick Should Acquire NovaGold's Remaining 50% Of Donlin Now

Is Barrick Gold Stock A Buy, Sell, Or Hold After Recent Earnings? We Like The 4% Dividend Yield

Upcoming dividend of US$0.20 per share