ABX.TO - Barrick Gold Corporation

Toronto - Toronto Delayed Price. Currency in CAD
24.38
-0.11 (-0.45%)
At close: 4:56PM EDT
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Previous Close24.49
Open24.30
Bid24.35 x 0
Ask24.40 x 0
Day's Range23.97 - 24.49
52 Week Range12.54 - 24.67
Volume4,624,341
Avg. Volume4,973,433
Market Cap42.73B
Beta (3Y Monthly)-0.68
PE Ratio (TTM)N/A
EPS (TTM)-0.89
Earnings DateFeb 12, 2019 - Feb 18, 2019
Forward Dividend & Yield0.21 (0.88%)
Ex-Dividend Date2019-08-29
1y Target Est13.81
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  • ACCESSWIRE

    Barrick Gold Corporation Announces Form 8 dealings disclosure

    TORONTO, ON / ACCESSWIRE / August 16, 2019 / Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) FORM 8 (DD) PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS ...

  • Thomson Reuters StreetEvents

    Edited Transcript of ABX.TO earnings conference call or presentation 12-Aug-19 3:00pm GMT

    Q2 2019 Barrick Gold Corp Earnings Call

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  • Introducing Barrick Gold (TSE:ABX), A Stock That Climbed 85% In The Last Year
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  • GlobeNewswire

    Barrick (Niugini) Limited donates K100,000 to the 2019 PNG Medical Symposium

    Barrick (Niugini) Limited, the majority owner and operator of the Porgera Mine in Papua New Guinea, has donated K100,000 to the 2019 PNG Medical Symposium. “The care and expertise of the doctors, nurses and medical technicians who staff the nation’s hospitals and clinics are essential to the well-being of Papua New Guineans, and it is vital that Papua New Guinea has a world-class health framework to develop the knowledge and skills that its health professionals need,” said Woo Lee, Director of Barrick (Niugini) and President of Barrick (China). Lee noted that the Porgera Mine has a long-standing record of supporting healthcare near the Porgera Mine in the Enga Province through funding and infrastructural development.

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  • Barrons.com

    Barrick Gold Stock Should Gain While Gold Keeps Climbing, Analyst Says

    The price of gold rose continues its rise, surpassing the $1,500-an-ounce mark earlier this month. Barrick Gold stock gained early Monday morning after reporting second-quarter earnings. Adjusted earnings and revenue met Wall Street’s expectations, and the company said it expects full-year gold production in the upper end of its prior outlook.

  • Barrick Gold CEO Eyes Massive Retrofit Through M&A, Partnerships
    Bloomberg

    Barrick Gold CEO Eyes Massive Retrofit Through M&A, Partnerships

    (Bloomberg) -- Eight months into his job, Barrick Gold Corp. CEO Mark Bristow is shopping, selling and negotiating his way through a complex portfolio of assets in a massive retrofit of the global miner.The chief executive officer of the world’s second-largest gold producer is pushing ahead with plans to sell about $1.5 billion in assets by the end of next year, while looking to buy more top-tier gold projects, in Canada and elsewhere, and invest in copper assets.After reporting positive second-quarter earnings, Bristow also flagged the possibility Newmont Goldcorp Corp., its partner in the Kalgoorlie open-pit gold mine, may be swayed to join Barrick in selling the entire Australian asset.“KCGM is for sale, straight up, we put the sign out,” Bristow said of its 50% stake in Kalgoorlie after Barrick released its second-quarter earnings statement. “Gary said to me, depending on the price he’ll sell it, buy it or partner it,” Bristow said, referring to Newmont CEO Gary Goldberg.“We would consider transactions to consolidate or divest our interest in KCGM under the right valuation terms,” Omar Jabara, a spokesman for Newmont, said by email. “Beyond that we are not able to speculate.”‘No Shortage’Goldberg has said he’d be interested in buying Barrick’s half of Kalgoorlie at the right price. During Monday’s interview, Bristow said Northern Star Resources Ltd. is “one of the front-runners” among companies that have expressed interest in Barrick’s stake.“We’ve got no shortage of interest in that asset -- it’s an icon in the gold industry,” Bristow said in an interview Monday, referring to Kalgoorlie. Barrick has engaged with Goldberg and “he needs to decide,” Bristow said.Barrick shares climbed as much as 2.9% in New York trading Monday after reporting that second-quarter revenue climbed 21% and costs this year will be at the lower end of forecasts. The company’s shares later closed 0.9% lower, trimming this year’s gain to 33%, still almost double the pace of bullion.Among countries targeted for deals, Barrick is keen to buy more mines in Canada and is actively looking for opportunities. “We’re under-invested in Canada: watch this space,” he said. “We don’t want to buy companies; we’re after assets.”To contact the reporters on this story: Danielle Bochove in Toronto at dbochove1@bloomberg.net;Vinicy Chan in Hong Kong at vchan91@bloomberg.netTo contact the editors responsible for this story: Luzi Ann Javier at ljavier@bloomberg.net, Steven FrankFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com

    [video]How to Play Barrick Gold; Dow Sinks on Recession Fears -- ICYMI

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    Stock Market News: Barrick Looks Golden; Viacom, CBS Approach Merger

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  • MarketWatch

    Barrick Gold's stock surges toward 2+-year high after earnings and as gold prices extend gains

    The U.S.-listed shares of Barrick Gold Corp. shot up 1.9% toward a more than 2-year high in morning trading Monday, as in-line second-quarter profit and strength in gold prices helped trump a revenue miss. The gold miner reported earlier that it swung to net income of $194 million, or 11 cents a share, from a loss of $94 million, or 8 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS rose to 9 cents from 7 cents, to match the FactSet consensus of 9 cents. Revenue rose 21% to $2.06 billion, but was below the FactSet consensus of $2.10 billion, as gold production increased 27% to 1.35 million ounces and copper production grew 17% to 97 million pounds. Meanwhile, continuous gold futures rose 0.4% toward a more than 2-year high, as concerns over rising U.S.-China trade tensions and global economic weakness drove investors into safe-haven assets, like gold. Barrick's stock, which is on track to close at the highest level since April 2017, has shot up 53.9% over the past three months, while the VanEck Vectors Gold Miners ETF has hiked up 46.1% and the S&P 500 has gained 0.8%.

  • Barrons.com

    Barrick Gold Stock Rises Because Earnings Were Good Enough

    The Toronto-based miner on Monday reported second-quarter earnings that were mostly in line with consensus estimates. Barrick Gold stock has thrived, gaining 34% since the start of 2019. Barrick Gold’s second quarter met Wall Street’s expectations.

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  • ACCESSWIRE

    Barrick Gold Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / August 12, 2019 / Barrick Gold Corp. (NYSE: ABX ) will be discussing their earnings results in their 2019 Second Quarter Earnings to be held on August 12, 2019 at 11:00 AM Eastern ...

  • Barrons.com

    Barrick Gold Stock Is Rising, but the Dow Is Slipping

    Stocks are edging lower at the beginning of the week as trade tensions and Hong Kong protests weigh on investors.

  • Benzinga

    Barrick Gold Reports Q2 Earnings Beat

    Barrick Gold Corporation (NYSE: GOLD ) reported second-quarterly earnings of 9 cents per share. This is a 28.57% increase over earnings of 7 cents per share from the same period last year. In July, Barrick ...

  • Reuters

    UPDATE 4-Barrick doesn't have 'for-sale' sign on Tongon, Massawa, but open to options -CEO

    Barrick Gold Corp is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday. "We don't have a for-sale sign" at Tongon and Massawa, Bristow said in an interview in Toronto. While Barrick has said it will focus on its best-performing assets and look to divest the rest, it is also trying to extract more from its mines by stepping up exploration around them.

  • Barrick doesn't have 'for-sale' sign on Tongon, Massawa, but open to options: CEO
    Reuters

    Barrick doesn't have 'for-sale' sign on Tongon, Massawa, but open to options: CEO

    "We don't have a for-sale sign" at Tongon and Massawa, Bristow said in an interview in Toronto. While Barrick has said it will focus on its best-performing assets and look to divest the rest, it is also trying to extract more from its mines by stepping up exploration around them. The company is open to acquiring assets around Tongon from junior miners to extend its life, or selling the mine as part of a bigger transaction, possibly with Massawa, Bristow said.

  • GlobeNewswire

    Strong Q2 Points to Annual Production at Top End of Guidance Range For Barrick

    TORONTO, Aug. 12, 2019 -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today reported second quarter production of 1.353 million ounces of gold in line with the solid base.

  • GlobeNewswire

    Barrick Announces Dividend for Q2 2019

    All amounts expressed in U.S. dollars TORONTO, Aug. 12, 2019 -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced that its Board of Directors has declared a.

  • TheStreet.com

    Barrick Gold Gains After Q2 Earnings, 2019 Output Guidance as Bullion Soars

    Barrick Gold posted stronger-than-expected second quarter earnings Monday as a the strongest rise in bullion prices in more than three years continues to support the bottom line of the world's second-biggest gold producer.

  • Financial Times

    Tanzania clears Acacia to resume exports from largest gold mine

    Acacia Mining said the Tanzanian government had allowed it to resume gold exports from its largest mine in the country. The London-listed company said Tanzania’s Ministry of Minerals had authorised exports from its North Mara Gold mine following a two-day investigation last month. The news comes a month after Acacia’s board recommended a buyout offer for the miner by its majority shareholder Barrick Gold, the world’s second-largest gold miner.

  • Financial Times

    Barrick Gold profits lifted by sharp rise in output

    Barrick Gold’s production rose 27 per cent in the second quarter as the world’s second-biggest gold miner edged closer to ending a tax dispute with the Tanzanian government. “That’s a lot of boxes ticked in a short time,” said Mark Bristow, Barrick’s chief executive, who took over the top job in January.