ABX.TO - Barrick Gold Corporation
| Previous Close | 17.21 |
| Open | 17.17 |
| Bid | 17.29 x 0 |
| Ask | 17.30 x 0 |
| Day's Range | 16.95 - 17.51 |
| 52 Week Range | 12.54 - 19.49 |
| Volume | 3,834,817 |
| Avg. Volume | 4,873,019 |
| Market Cap | 30.274B |
| Beta (3Y Monthly) | -0.32 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -1.32 |
| Earnings Date | May 8, 2019 |
| Forward Dividend & Yield | 0.37 (2.03%) |
| Ex-Dividend Date | 2018-12-27 |
| 1y Target Est | 13.81 |
- Benzinga•19 hours ago
Jim Cramer Gives His Opinion On Barrick Gold, Canopy Growth, EA, Johnson & Johnson And More
On CNBC's "Mad Money Lightning Round," Jim Cramer said he likes CarMax, Inc (NYSE: KMX ) in the auto dealerships space, but he will take a closer look at CarGurus Inc (NASDAQ: CARG ). Instead ...
- Reuters•2 days ago
Agnico bets on high grade gold as it digs in Canada's remote north
Agnico Eagle Mines is doubling down this year on Nunavut, Canada’s least developed territory, betting that the high-grade gold ores and slim competition there will offset the risks of digging in the remote location in the far north. Investors have been rewarded for backing Agnico's strategy.
- GlobeNewswire•3 days ago
Nevada Joint Venture Deal Clears All Regulatory Conditions
Barrick Gold Corporation (GOLD)(ABX.TO) (“Barrick”) and Newmont Goldcorp Corporation (NEM)(TSX:NGT) (“Newmont Goldcorp”) today announced that their joint venture in Nevada, which will create the world’s largest gold producing complex, has cleared all the regulatory conditions required for its completion. The new business, yet to be named, will be owned 61.5% by Barrick and 38.5% by Newmont Goldcorp, and will be operated by Barrick.
- GlobeNewswire•7 days ago
Barrick Reports Preliminary First Quarter Production Results
In a positive start to the year, Barrick Gold Corporation (GOLD) (ABX.TO) (“Barrick” or the “Company”) announced today it had made good progress in achieving its short-term goals as well as its full-year objectives during the first quarter. After setting a production record at the Kibali mine in 2018, the Company announced that the operation is on track for another record performance in 2019. Barrick is also rapidly progressing the implementation of the joint venture agreement signed with Newmont in March, which will create the world’s single-largest gold producer and allow both partners to realize the enormous potential of Nevada’s mineral endowment.
- Insider Monkey•8 days ago
Barrick Gold Corporation (GOLD): Here is What Massif Capital Thinks About the World’s Largest Gold Mining Company
In a recently released Massif Capital's Q1 2019 Investor Letter, this hedge fund shared its views on a few companies from its portfolio, including Barrick Gold Corporation (NYSE:GOLD). If you are interested you can download a complete copy of the letter - here, while in this article we bring you only the part of the […]
- Reuters•8 days ago
Former U.S. interior secretary Zinke joins mine exploration firm's board
Former U.S. Interior Secretary Ryan Zinke, who stepped down in December amid ethics investigations, has joined the board of junior mining exploration company U.S. Gold Corp, the company said on Tuesday. Zinke, who ran the Interior Department, which oversees America’s vast public lands, aggressively pursued President Donald Trump’s agenda to promote oil drilling and coal mining by expanding federal leasing, cutting royalty rates, and easing land protections despite environmental protests. "Zinke has a lot of credibility in the mining industry.
- GlobeNewswire•9 days ago
Kibali Makes Strong Start to 2019
Kibali, ranked among the world’s Top 10 gold mines, has made a strong start to 2019 after setting a new production record last year, Barrick President and Chief Executive Officer Mark Bristow said here today. Barrick operates Kibali, which is a joint venture with AngloGold Ashanti and the Congolese parastatal SOKIMO. Speaking at a briefing for local media and stakeholders, Bristow said Kibali was continuing to break records en route to its 2019 guidance of 750,000 ounces, the latest being the 285,000 tonnes of ore hoisted through the shaft in March1.
- Financial Times•9 days ago
Miners slide as gold price hits lowest level of the year
Gold fell more than 1 per cent on Tuesday to its lowest level this year, dragging the share prices of many producers and explorers along for the ride. Down 1.1 per cent at $1,273.86 an ounce, the metal’s price was at its lowest level since December 26, when the stock market began to recover from a sharp sell-off that left it on the precipice of bear market territory. On the Toronto Stock Exchange, Barrick Gold was down 3.2 per cent and Goldcorp was off 1.5 per cent.
- GlobeNewswire•9 days ago
First Quarter 2019 Results Release on May 8, Preliminary First Quarter Production Results on April 18
TORONTO, April 15, 2019 -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) (“Barrick”) will release its First Quarter 2019 Results on May 8, 2019. President and CEO Mark Bristow.
- Reuters•13 days ago
CRU-CESCO-Copper industry to see more disruptions in 2019 -Antofagasta CEO
The global copper industry will be rocked by more disruptions this year than in 2018, contributing to a supply deficit as demand for the red metal continues to grow, the top executive of Chilean miner Antofagasta told Reuters. Antofagasta CEO Ivan Arriagada said labor strife, extreme weather and unexpected project delays will knock as much as a million tonnes off the year's total copper production, versus 600,000 the previous year. "We think this year there will be bigger disruptions than last, which was unusually tranquil," said Arriagada in an interview on the sidelines of CRU's World Copper Conference in Santiago.
Reuters•14 days agoNewmont shareholders OK $10 billion Goldcorp takeover, creating biggest gold producer
Newmont Mining shareholders on Thursday approved the company's $10 billion takeover of Goldcorp Inc which is set to create the world's biggest gold producer with assets across the Americas, Africa and Australia. About 98 percent of votes at a special meeting were in support of Newmont's proposal to issue new stock to fund its takeover of Goldcorp, the Denver-based company said in a statement. Goldcorp's investors voted to approve the acquisition last week.
- Bloomberg•14 days ago
Newmont Bondholder Revolt May Put Barrick on Hook for Debt
(Bloomberg) -- Barrick Gold Corp. could find itself partially liable for $600 million in additional debt if some Newmont Mining Corp. bondholders have their way.
- Reuters•15 days ago
Valcambi loses deal to refine Newmont's gold - sources
Swiss gold refiner Valcambi has lost a contract to refine around 4 million ounces of gold a year from Newmont Mining Corp, one of the world's biggest producers, five sources familiar with the matter told Reuters. U.S.-based Newmont put the contract up for tender last year and has split the business between three of Valcambi's rivals - Asahi in the United States and Argor-Heraeus and PAMP in Switzerland, the sources said. Valcambi, Argor-Heraeus, PAMP, Asahi and Newmont all declined to comment.
- Reuters•16 days ago
Congo president turned down predecessor's PM pick -sources
KINSHASA/BRUSSELS, April 8 (Reuters) - Former Congolese President Joseph Kabila wanted his successor, Felix Tshisekedi, to appoint Albert Yuma, a Kabila ally and chairman of state mining company Gecamines, as prime minister, but Tshisekedi refused, sources familiar with the matter said. Yuma backed a new mining code adopted last year under Kabila that raised taxes on companies operating in Democratic Republic of Congo, the world's leading cobalt miner and Africa's top copper producer. Tshisekedi's administration, which took office in January, has said the law will remain in place but that it is open to dialogue with the companies.
- Thomson Reuters StreetEvents•17 days ago
Edited Transcript of ABX.TO earnings conference call or presentation 13-Feb-19 4:00pm GMT
Q4 2018 Barrick Gold Corp Earnings Call
- Bloomberg•17 days ago
Barrick’s Deal-Making Chairman Awarded $12.9 Million in 2018
While Thornton has overseen years of budget-slashing measures to pay down the miner’s debt, Mark Bristow, named Barrick’s chief executive officer in January following its acquisition of Randgold, also is known for a relentless focus on costs. An investor coalition spearheaded by billionaire John Paulson, the Shareholders’ Gold Council, has said executives should own more stock in their companies.
- GlobeNewswire•19 days ago
Barrick Information Circular Highlights Post-Merger Progress
Barrick Gold Corporation (GOLD)(ABX.TO) (“Barrick” or the “Company”) says its merger with Randgold has accelerated the pace and increased the effectiveness of its progress towards its strategic goals. In its Information Circular for 2019, which is available now at www.barrick.com/investors/agm and has also been filed on SEDAR (www.sedar.com) and EDGAR (www.sec.gov), Executive Chairman John Thornton said key strategic initiatives have already been launched and the Company expects to deliver on all that the merger promised by the end of the current year. The Information Circular follows the publication of Barrick’s 2018 Annual Report, where newly-appointed President and Chief Executive Officer Mark Bristow outlined the steps already taken to achieve Barrick’s aim of becoming the world’s most valued gold business.
Motley Fool•20 days agoNovaGold Resources (NG) Q1 2019 Earnings Conference Call Transcript
NG earnings call for the period ending February 28, 2019.
- Reuters•20 days ago
Explainer: How countries are getting tougher with mining companies
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalise a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.
Reuters•21 days agoGoldcorp shareholders approve Newmont's $10 billion takeover offer
While some Goldcorp shareholders had voiced concerns in recent weeks, in the end there was little push back against blessing the biggest-ever corporate takeover in the gold sector's history, according to Refinitiv data. The deal, which would create a company with assets in the Americas, Africa and Australia, will be voted on by Newmont shareholders next Thursday. About 97 percent of Goldcorp's outstanding shares that were voted at a special meeting were cast in favor of the deal, the company said in a statement.
- Bloomberg•21 days ago
Goldcorp Shareholders Approve Newmont’s $10 Billion Takeover Bid
Greater than 97 percent of Goldcorp shareholders voted for the merger at a special meeting in Vancouver, the miner said Thursday in a statement. The deal would see Colorado-based Newmont pay 0.3280 of its shares for each Goldcorp share, plus two cents. The Goldcorp ballot required at least two-thirds of shareholders who voted to approve the deal.
- Motley Fool•21 days ago
Why Barrick Gold Stock Rose 11% in March
There were a number of news items of note in March, but one stood out in a very big way.
- Reuters•21 days ago
EXPLAINER-How countries are getting tougher with mining companies
A mix of political populism, higher commodity prices and the expectation electrification will spur demand for some raw materials has led resource-holding governments to change the rules for miners operating in their countries. In most cases, governments are seeking to increase their share of profits, rather than all-out resource nationalism, although Mongolia has been trying to nationalise a stake in a copper mine. Some governments see the hardened stance of other countries as a chance to lure investment.
- GlobeNewswire•22 days ago
DRC and Barrick Renew Mutual Commitment to Developing Country’s Great Potential
Democratic Republic of Congo’s newly elected president Felix Tshisekedi and Barrick Gold Corporation’s Executive Chairman John Thornton today confirmed their partnership to develop the country’s gold mining industry in a meeting here during the president’s state visit to the United States. Barrick operates Kibali in the DRC, one of the world’s ten largest gold mines, and along with its joint venture partner AngloGold Ashanti is one of the major investors in the country. After the meeting, John Thornton said he had been encouraged by the president’s vision of attracting foreign investment and supporting the development of the DRC’s mining industry in a spirit of partnership.
