ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.54
+0.42 (+3.20%)
At close: 4:02PM EST
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Previous Close13.12
Open13.00
Bid0.00 x 900
Ask0.00 x 800
Day's Range12.69 - 13.59
52 Week Range9.53 - 15.52
Volume22,729,528
Avg. Volume17,521,243
Market Cap15.731B
Beta (3Y Monthly)-1.75
PE Ratio (TTM)N/A
EPS (TTM)-0.57
Earnings DateN/A
Forward Dividend & Yield0.28 (2.04%)
Ex-Dividend Date2018-12-27
1y Target Est14.13
Trade prices are not sourced from all markets
  • If you're worried about stocks, invest in gold here, Jim ...
    CNBC Videos11 days ago

    If you're worried about stocks, invest in gold here, Jim ...

    Jim Cramer shares his favorite ways to add gold to a portfolio and encourages investing in the precious metal if you're nervous about 2019.

  • Cramer says if you're worried about stocks, invest in gol...
    CNBC Videos11 days ago

    Cramer says if you're worried about stocks, invest in gol...

    Jim Cramer shares his favorite ways to add gold to a portfolio and encourages investing in the precious metal if you're nervous about 2019.

  • GlobeNewswire8 hours ago

    Loulo-Gounkoto Complex Continues to Invest in Its Future and Points to Ongoing Improvement in Production

    The Loulo-Gounkoto complex in Mali posted a fourth consecutive quarterly improvement in gold production, despite an illegal work stoppage that caused it to miss its full year production guidance of 690,000 ounces by four percent. Speaking at a briefing here for local media, Barrick President and Chief Executive Mark Bristow noted that the complex, which ranks among the recently-merged Barrick/Randgold group’s Tier One1 assets, was continuing to invest in its future by exploring for additional reserves and upgrading plant and equipment. “A preliminary economic assessment of the Loulo 3 open pit and underground project has been completed and drilling continues to expand the area of high-grade mineralization south of the Yalea orebody.  Exploration of the Faraba structure on the Gounkoto permit has shown the potential for multiple zones of mineralization to be extended,” Bristow said.

  • Reuters13 hours ago

    PRESS DIGEST- Canada- Jan 22

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** The United States has informed the ...

  • Reutersyesterday

    UPDATE 1-Barrick explores options for Zambian copper mine under pressure from taxes

    Barrick Gold Corp said on Monday that it was considering all options for Lumwana copper mine in Zambia as the country's proposed new mining taxes would make it challenging to generate adequate returns for all its stakeholders. Barrick, which recently completed $6 billion deal to buy rival Randgold, said it is continuing to engage with the Zambian government to find a mutually beneficial solution for the operation of the mine in the wake of the new tax changes. Zambia, Africa's second-largest copper producer, increased its sliding scale for royalties of 4 to 6 percent by 1.5 percentage points from Jan. 1 and introduced a new 10 percent tax when the price of copper exceeds $7,500 per tonne.

  • GlobeNewswireyesterday

    Barrick Reports Preliminary Full Year and Fourth Quarter Production Results

    Today Barrick Gold Corporation (GOLD)(ABX.TO) (“Barrick” or the “Company”) announced preliminary full year gold production of 4.53 million ounces for 2018, in line with the Company’s guidance of 4.5-5.0 million ounces, and preliminary full year gold sales of 4.54 million ounces. Preliminary fourth quarter gold production was 1.26 million ounces, and preliminary fourth quarter gold sales were 1.23 million ounces. The average market price for gold in the fourth quarter was $1,226 per ounce.

  • GlobeNewswire2 days ago

    Lumwana Seeks Long-Term Partnership With Zambian Government

    Barrick Gold Corporation (GOLD)(ABX.TO) (“Barrick” or the “company”), owners of the Lumwana copper mine, says it is continuing to engage with the Zambian government and community stakeholders about a mutually-beneficial way forward for the operation. Subsequent to the first Lumwana board meeting following the Barrick/Randgold merger, Barrick’s chief operating officer for Africa and the Middle East, Willem Jacobs, said the company was mindful that the Government was under pressure to increase its revenue. At the same time, however, its proposed tax changes would put Lumwana in a challenging situation.

  • Benzinga6 days ago

    Jim Cramer Gives His Opinion On Barrick Gold, Exxon, Nike And More

    On CNBC's "Mad Money Lightning Round" , Jim Cramer said that instead of Newmont Mining Corp (NYSE: NEM ), he would buy Barrick Gold Corp (NYSE: GOLD ). Cramer would stay away from U.S. Silica ...

  • Monster Gold-Mining Deals Pile Pressure on Those Left Behind
    Bloomberg8 days ago

    Monster Gold-Mining Deals Pile Pressure on Those Left Behind

    “Holy camoly, I missed out on a great opportunity!” is how Bristow described anyone not involved in Barrick Gold Corp.’s purchase of Randgold Resources Ltd. in September. With Newmont Mining Corp. poised to become the No. 1 producer through a $10 billion takeover of Goldcorp Inc. announced Monday, the pressure on those left behind will be even greater. The newly combined companies are also expected to put several unloved assets up for sale, leaving lots of room for maneuvering by those that missed out on the dealmaking so far.

  • Gold Veteran Says Bigger May Not Be Better as M&A Blitz Hits
    Bloomberg8 days ago

    Gold Veteran Says Bigger May Not Be Better as M&A Blitz Hits

    Rising gold prices and a hunt to boost additional reserves of the precious metal have spurred Newmont Mining Corp. and Barrick Gold Corp. to acquire rival companies and add more operations. “The thesis being offered is that bigger is better, and historically in the gold sector that hasn’t proven to be value creating for shareholders,” Jake Klein, executive chairman of Sydney-based Evolution Mining Ltd., said by phone on Tuesday. Mid-sized and small producers including Evolution and Canada’s Wesdome Gold Mines Ltd. are among those to have outperformed larger competitors over the past six years.

  • Newmont Buys Goldcorp for $10 Billion to Be Top Gold Miner
    Bloomberg8 days ago

    Newmont Buys Goldcorp for $10 Billion to Be Top Gold Miner

    The biggest deal in the gold mining industry’s history comes just three months after Barrick Gold Corp.’s move to buy Randgold Resources Ltd. in a $5.4 billion transaction, which instantly spurred speculation that rivals would have to respond. Just two weeks ago, Mark Bristow, the new chief executive officer of Barrick, said the industry is heading for irrelevance unless there are major changes. Newmont shares slipped 6.4 percent in New York.

  • CNBC11 days ago

    If you're worried about stocks, invest in gold here, Jim Cramer says

    CNBC's Jim Cramer shares his favorite ways to add gold to a portfolio. The "Mad Money" host encourages investing in the precious metal if you're nervous about 2019. Investors concerned about the Federal Reserve's interest rate policy and the U.S.-China trade dispute should take a stake in gold here, CNBC's Jim Cramer said Friday as stocks slid for the first time in six days.

  • Barrick CEO to Forge Ahead in Latin America Despite Past Strains
    Bloomberg12 days ago

    Barrick CEO to Forge Ahead in Latin America Despite Past Strains

    “If you want to find elephants, go to elephant country,” Chief Executive Officer Mark Bristow, a South African geologist and big-game hunter, said in a phone interview. The Toronto-based company “absolutely” intends to invest more money in the El Indio copper-and gold belt, he said, adding that its partnerships with Chinese and Chilean miners remain key to its strategy in the region. The world’s largest gold miner, which completed its merger with Randgold Resources Ltd. at the beginning of the year, had been revamping its South American strategy since John Thornton became chairman in 2014.

  • GlobeNewswire12 days ago

    Barrick to Announce Q4 2018 Results on February 13, Preliminary Q4 Production Results on January 21

    TORONTO, Jan. 10, 2019 -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick” or the “company”) will release its fourth quarter results to end December 2018 on Wednesday,.

  • Bloomberg12 days ago

    Too Early to Bet on Mining-Policy Change: Congo Vote Reaction

    The African country is the world’s main supplier of battery ingredient cobalt and a key source of minerals from copper to tantalum. The prospective change of administration may spur optimism among mining investors including Glencore Plc and Barrick Gold Corp. that they can reverse elements of a fiercely disputed new industry code that raised royalties and added taxes. Verisk Maplecroft: Unknown Entity for MinersThe results are preliminary so “many mining investors will likely hold off for the next two to three months at minimum to see how the transition period plays out,” said lead Congo analyst Indigo Ellis.

  • Barrick Gold’s New CEO Dismisses Canada HQ Debate as ‘Hysteria’
    Bloomberg13 days ago

    Barrick Gold’s New CEO Dismisses Canada HQ Debate as ‘Hysteria’

    Barely a week after his Channel Islands-based Randgold Resources Ltd. merged with Barrick, Mark Bristow says he’s determined to keep the global miner headquartered in Toronto -- or at least as committed as he is to any head office. “Mining industries have to catch up with the reality of the times,” Bristow said in a phone interview from Jackson Hole, Wyoming, where he maintains a home. Bristow’s comments come in the wake of critical commentary by industry veteran Pierre Lassonde, who said Barrick’s reduced presence in Canada amounts to the kind of hollowing out of the country’s mining sector that Barrick’s late founder, Peter Munk, vigorously opposed.

  • Financial Times13 days ago

    [$$] Tanzania fines Acacia mine $130,000 for environmental breaches

    “The mine has not yet received any supporting reports, findings or testings data,” Acacia said. The fine comes as Barrick Gold has renewed attempts to find a solution to the protracted dispute with the east African country, which began in 2017 following accusations by Tanzania’s President John Magufuli that the company owed $190bn in taxes.

  • Reuters14 days ago

    CANADA STOCKS-TSX hits more than three-week high in broad-based rally

    Canada's main stock index touched a more than three-week high on Tuesday in a broad-based rally led by energy stocks, which rose in tandem with oil prices. * At 9:38 a.m. ET , the Toronto Stock Exchange's ...

  • Reuters14 days ago

    PRESS DIGEST - Canada - Jan 8

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Barrick Gold Corp's new chief executive ...

  • Mining World Watches as Congo Counts Votes for Next Leader
    Bloomberg18 days ago

    Mining World Watches as Congo Counts Votes for Next Leader

    Congo, which held presidential polls on Dec. 30, is one of the world’s most important but difficult mining jurisdictions. One of the industry’s biggest concerns in the past year has been a new mining code introduced by Kabila’s government that raised royalties, added taxes and canceled a clause that would have protected them against fiscal changes for 10 years. There has been vocal opposition from the mining industry, but so far no concessions.

  • GuruFocus.com19 days ago

    The New Barrick Begins Trading Wednesday

    Wednesday marked the first trading day of the new company, still known as Barrick, which was created from the merger between Barrick Gold Corp. (ABX)(TSX:ABX) and Randgold Resources Ltd. (GOLD). Warning! GuruFocus has detected 6 Warning Signs with GOLD. The new Barrick will trade under the new symbol GOLD on the New York Stock Exchange and remain under the symbol ABX on the Toronto Stock Exchange.

  • Reuters19 days ago

    CANADA STOCKS-Futures slip as Apple's slashed quarter forecast hurts global stocks

    Futures for Canada's main stock index pointed to a lower opening on Thursday, following a broad selloff in Asian and European markets after Apple cut its sales forecast of its first fiscal quarter. March ...

  • Trade of the Day: Barrick Gold Stock Is One to Watch in 2019
    InvestorPlace19 days ago

    Trade of the Day: Barrick Gold Stock Is One to Watch in 2019

    The price of gold has advanced nicely since the lows in the summer of 2018. Along with this, gold-related stocks like Barrick Gold (NYSE:ABX) have also appreciated in price and increasingly look like they want to break out higher in 2019. ABX stock has been coiling below a key technical resistance level for the past few months, and active traders and investors would be wise to put this stock on the watch list.

  • Reuters19 days ago

    New Barrick eyes several options to end Tanzania tax dispute -CEO

    The new Barrick Gold Corp is considering options for its stake in Acacia Mining PLC including possible sale, as Barrick works to end a nearly two-year-long tax dispute in Tanzania that has effectively shuttered operations there, Chief Executive Officer Mark Bristow said on Wednesday. The new Barrick, which began trading on Wednesday following its merger with Randgold Resources, holds a 64 percent stake in Acacia, which has not been able to export gold during the tax row. Bristow expressed confidence that the conflict, which began when the Tanzanian government slapped Acacia with a $190 billion tax bill in March 2017, would be resolved.

  • ACCESSWIRE19 days ago

    Today's Research Reports on Trending Tickers: Eldorado Gold and Barrick Gold

    NEW YORK, NY / ACCESSWIRE / January 3, 2019 / U.S. equities closed up on Wednesday after a volatile trading day, as investors remained concerned over the Fed’s tighter monetary policy and possible economic ...