ABX.TO - Barrick Gold Corporation

Toronto - Toronto Delayed Price. Currency in CAD
16.355
-0.015 (-0.09%)
As of 10:40AM EDT. Market open.
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Previous Close16.370
Open16.480
Bid16.350 x 0
Ask16.360 x 0
Day's Range16.330 - 16.520
52 Week Range14.260 - 22.700
Volume214,572
Avg. Volume1,944,649
Market Cap19.086B
Beta0.85
PE Ratio (TTM)20.81
EPS (TTM)0.786
Earnings DateJul 25, 2018
Forward Dividend & Yield0.16 (0.89%)
Ex-Dividend Date2018-05-30
1y Target Est16.40
  • Upcoming Updates in Barrick Gold’s Q2 2018 Earnings Call
    Market Realist28 minutes ago

    Upcoming Updates in Barrick Gold’s Q2 2018 Earnings Call

    The stock has significantly underperformed its close peers Goldcorp (GG), Newmont Mining (NEM), and Agnico Eagle Mines (AEM), which returned 3.6%, -1.8%, and -1.4%, respectively. The VanEck Vectors Gold Miners ETF (GDX) returned -5.5% over the same period. Some of the same issues are still affecting the stock today. See Market Realist’s series A Look at Barrick Gold after Its 1Q18 Earnings Beat for more on Barrick Gold’s outlook.

  • Gold Miners’ Free Cash Flow Estimates in 2018 and Beyond
    Market Realist2 hours ago

    Gold Miners’ Free Cash Flow Estimates in 2018 and Beyond

    Investors are typically interested in gold mining companies’ (GDX)(GDXJ) ability to generate FCF (free cash flow) because FCF helps them invest in future growth—apart from the aim of returning cash to shareholders.

  • Which Gold Miners Could Beat Their Earnings Estimates in Q2 2018?
    Market Realist3 hours ago

    Which Gold Miners Could Beat Their Earnings Estimates in Q2 2018?

    In this part, we’ll discuss what analysts expect for these gold miners’ (RING) earnings. In line with lower revenues, Barrick Gold’s (ABX) EBITDA are also expected to fall. Barrick is expecting its all-in sustaining costs for 2018 to be $765–$815 per ounce, compared to $710–$770 per ounce in 2017.

  • Acacia Boss Is Getting Frustrated Waiting for Barrick Solution
    Bloomberg5 hours ago

    Acacia Boss Is Getting Frustrated Waiting for Barrick Solution

    It’s been a year since Acacia Mining Plc’s majority shareholder started talks on its behalf to end a standoff with the Tanzanian government and interim Chief Executive Officer Peter Geleta is getting frustrated. Barrick Gold Corp., which owns about 64 percent of London-based Acacia, last month withdrew a timetable to resolve the dispute with Tanzania, after previously indicating it would have a detailed proposal ready by mid-year.

  • Reuters9 hours ago

    Acacia Mining reports fall in first half earnings but generates cash

    Acacia Mining (ACAA.L) said on Friday reported a fall in first-half core earnings but managed to generate cash due to strong operational performance at its mines in Tanzania. Acacia, majority owned by Barrick Gold (ABX.TO), generated free cash flow of $14 million in the second quarter for the first time since 2016, the company said. Tanzania, where Acacia has all of its operating mines, has introduced sweeping changes to its mining industry including banning the export of raw minerals and introducing laws to reap more revenue from the sector.

  • Reuters9 hours ago

    Acacia Mining reports fall in H1 earnings but generates cash

    Acacia Mining said on Friday reported a fall in first-half core earnings but managed to generate cash due to strong operational performance at its mines in Tanzania. Acacia, majority owned by Barrick Gold, generated free cash flow of $14 million in the second quarter for the first time since 2016, the company said. Tanzania, where Acacia has all of its operating mines, has introduced sweeping changes to its mining industry including banning the export of raw minerals and introducing laws to reap more revenue from the sector.

  • What Are Analysts Pricing into Gold Miners’ Revenue Estimates?
    Market Realistyesterday

    What Are Analysts Pricing into Gold Miners’ Revenue Estimates?

    Analyst estimates for gold miners’ (GDX) revenues can give us a good idea about their outlook on gold prices (GLD) as well as companies’ production growth. In this part of our series, we’ll assess analysts’ revenue expectations for gold companies in the second quarter and beyond. Analysts expect Barrick Gold (ABX) to generate revenues of ~$1.84 billion in the second quarter.

  • Benzinga3 days ago

    Jim Cramer Weighs In On Barrick Gold, Childrens Place And More

    Jim Cramer recommended on CNBC's "Mad Money Lightning Round" a long position in Childrens Place Inc (NASDAQ: PLCE ). He would buy the weakness in the stock. Dynavax Technologies Corporation (NASDAQ: ...

  • Barrick (ABX) Releases Preliminary Q2 Production Numbers
    Zacks7 days ago

    Barrick (ABX) Releases Preliminary Q2 Production Numbers

    Barrick's (ABX) Q2 gold production figures are roughly in line with Q1 while AISC is expected to increase 5-7%. Also, the company lowers 2018 copper production view.

  • Reuters9 days ago

    Barrick clips 2018 copper production outlook, sees higher costs

    Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia. Barrick, which looks likely to lose its rank as the world's biggest gold producer this year, maintained its 2018 output estimate of between 4.5 million and 5 million ounces of gold at all-in sustaining costs of $765 to $815 an ounce. Rival Newmont Mining Corp has said it expects to produce between 4.9 and 5.4 million ounces of gold in 2018.

  • GlobeNewswire9 days ago

    Barrick Reports Preliminary Second Quarter Production Results

    The average market price for gold in the second quarter was $1,306 per ounce, while the average market price for copper was $3.12 per pound. Preliminary second quarter gold production of 1.07 million ounces was roughly in line with the first quarter of the year. Second quarter gold cost of sales per ounce1 is expected to be slightly higher quarter-over-quarter, with cash costs per ounce2 and all-in sustaining costs per ounce2 approximately 5-7 percent higher than the first quarter.

  • Barrick, Shandong Ink Enhanced Strategic Cooperation Deal
    Zacks10 days ago

    Barrick, Shandong Ink Enhanced Strategic Cooperation Deal

    Barrick Gold's (ABX) latest deal with Shandong Gold will enable the companies to jointly explore opportunities and boost long-term value.

  • ACCESSWIRE10 days ago

    Free Technical Research on Barrick Gold and Three More Gold Equities

    WallStEquities.com shifts focus on Gold, whose prices are influenced by numerous variables that include fabricator demand, expected inflation,return on assets,and central bank demand. Gold is strongly pegged to supply-and-demand patterns. In this morning's lineup are these four stocks: Alamos Gold Inc. (NYSE: AGI), AngloGold Ashanti Ltd (NYSE: AU), B2Gold Corp. (NYSE AMER: BTG), and Barrick Gold Corp. (NYSE: ABX).

  • Reuters10 days ago

    PRESS DIGEST- Canada-July 10

    The following are the top stories from select Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Barrick Gold Corp says it is looking ...

  • Investopedia11 days ago

    Top 4 Gold Stocks as of July 2018

    Gold went on a bit of a roller coaster ride in 2017. Gold prices bounced between highs and lows from month to month in a trading range of roughly $1,200 to $1,300 per ounce before breaking out to a yearly high of nearly $1,350 per ounce in September. The SPDR Gold Shares ETF ( GLD), the SPDR ETF that tracks gold bullion, returned 12.81% in 2017. The precious metal trades at around $1,258 per ounce as of July 9, 2018. The precious metal has traditionally been perceived as a safe haven investment in times of economic uncertainty – and no one can argue that major shakeups such as Brexit​, Donald Trump's presidency, skepticism about a resolution on the Korean peninsula and volatility in the cryptocurrency market have contributed to a general feeling of unpredictability.

  • Which Gold Miners Have Upside Potential after the First Half?
    Market Realist11 days ago

    Which Gold Miners Have Upside Potential after the First Half?

    Gold Stayed Weak in the First Half of 2018—Will Its Year Improve? Among the senior mining companies under review in this series (GDX), Newmont Mining (NEM) is currently trading at the highest forward EV-to-EBITDA (enterprise value-to-EBITDA) multiple of 8.0x. Goldcorp (GG) has the second-highest multiple at 7.4x, representing a premium of 18% to its peers. GG’s historical premium has, however, fallen.

  • Financial Times11 days ago

    [$$] Barrick to consider joint acquisitions with China’s Shandong Gold

    Barrick said it had signed an “enhanced strategic cooperation” agreement with the Chinese miner on Monday following its acquisition of half of Barrick’s Veladero mine in Argentina last year. “The Parties have agreed to consider opportunities to work together on acquisition opportunities or potential asset sales, if both parties agree it is in their collective best interests, and would enhance the value of such an opportunity,” Barrick said. The tie-up is the latest initiative of Barrick’s Chairman John Thornton, a former Goldman Sachs banker who has close links to China.

  • Reuters11 days ago

    Canada's Barrick, China's Shandong Gold to deepen ties, look at acquisitions

    Canadian miner Barrick Gold Corp and China's Shandong Gold on Monday said they would deepen cooperation beyond their Argentinian joint venture, potentially working together on acquisitions. Barrick Gold, the world's largest producer of bullion, last year signed a near billion-dollar deal to sell Shandong a 50-percent stake in its Veladero mine in Argentina. The development is one of Barrick's top five gold mines.

  • GlobeNewswire11 days ago

    Barrick Announces Enhanced Strategic Cooperation Agreement with Shandong

    Barrick Gold Corporation (ABX) (ABX.TO) (“Barrick” or the “Company”) today announced that it has entered into an enhanced strategic cooperation agreement with Shandong Gold Group Co., Ltd. (“Shandong Gold”1), deepening Barrick’s partnership with one of China’s leading mining companies. The document builds on an earlier agreement signed between the two companies in April 2017, when Shandong Gold Mining Co., Ltd., acquired 50 percent of Barrick’s Veladero mine in Argentina. “Over the past year, we have been laying the foundation for a distinctive, enduring, and trust-based relationship with Shandong Gold,” said Barrick Executive Chairman John L. Thornton.

  • 1 Way This Gold Miner Is Beating Its Peers
    Motley Fool13 days ago

    1 Way This Gold Miner Is Beating Its Peers

    Barrick Gold said it would improve its balance sheet. Here's how it's living up to that promise.

  • The US Dollar’s Effect on Gold Prices
    Market Realist14 days ago

    The US Dollar’s Effect on Gold Prices

    As the Fed’s June 12–13 meeting minutes were released yesterday, the US dollar softened, giving buoyancy to precious metals, which are dollar-denominated assets. With a cheaper US dollar, the assets are more affordable for foreign buyers and their demand surges.

  • What Could Reverse Barrick Gold’s Underperformance?
    Market Realist15 days ago

    What Could Reverse Barrick Gold’s Underperformance?

    Gold Stayed Weak in the First Half of 2018—Will Its Year Improve? Barrick Gold’s (ABX) 2017 underperformance has extended well into 2018. Barrick stock fell 9.3% in the first half of 2018 compared to the fall of 4% in the VanEck Vectors Gold Miners ETF (GDX).

  • ACCESSWIRE15 days ago

    Canadian Exchanges Stock Scanner Barrick Gold B2Gold Goldcorp and HudBay Minerals

    LONDON, UK / ACCESSWIRE / July 5, 2018 / Active-Investors free stock reports for this morning include these Toronto Exchanges' equities from the Metals & Mining industry: Barrick Gold, B2Gold, Goldcorp, and HudBay Minerals. The TSX Venture Exchange shaved off 1.82 points, or 0.25%, to finish at 738.75. Today's stocks of interest consist of: Barrick Gold Corporation (TSX: ABX), B2Gold Corporation (TSX: BTO), Goldcorp Inc. (TSX: G), and HudBay Minerals Inc. (TSX: HBM).

  • NVIDIA, Barrick Gold, Devon Energy and NetApp as Zacks Bull and Bear of the Day
    Zacks17 days ago

    NVIDIA, Barrick Gold, Devon Energy and NetApp as Zacks Bull and Bear of the Day

    NVIDIA, Barrick Gold, Devon Energy and NetApp as Zacks Bull and Bear of the Day

  • Bear of the Day: Barrick Gold (ABX)
    Zacks17 days ago

    Bear of the Day: Barrick Gold (ABX)

    Bear of the Day: Barrick Gold (ABX)