Dec 2009, ABX had a negative Net income of $4.537 Billion on revenue of $8.1 Billion, with a share price of $50/share. Dec 2012, ABX has almost double the 2009 revenue at $14 Billion, and $8 Billion higher Net Income Applicable To Common Shares, and a 24% profit margin rate, but stock is trading at a 36% discount to 2009 price.
Its P/E keeps getting lower, P/E for 2013 is even lower a good time to shop this stock. With all the money printing that is expected by many countries the miners will feel the love soon. The other miners have much higher P/Es & this one is the Biggest !