ABX.TO - Barrick Gold Corporation

Toronto - Toronto Delayed Price. Currency in CAD
18.48
+0.18 (+0.98%)
As of 10:55AM EST. Market open.
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Previous Close18.30
Open18.23
Bid18.46 x 0
Ask18.47 x 0
Day's Range18.20 - 18.48
52 Week Range12.54 - 19.49
Volume1,041,255
Avg. Volume3,903,337
Market Cap21.577B
Beta (3Y Monthly)-0.49
PE Ratio (TTM)N/A
EPS (TTM)-0.57
Earnings DateFeb 12, 2019 - Feb 18, 2019
Forward Dividend & Yield0.16 (0.87%)
Ex-Dividend Date2018-11-29
1y Target Est13.87
  • A Goldman Alum, a Big-Game Hunter, and $100 Billion Business
    Bloomberg6 hours ago

    A Goldman Alum, a Big-Game Hunter, and $100 Billion Business

    Mark Bristow is a South African geologist and big-game hunter. Together, this corporate odd couple has a plan to turn around the lagging fortunes of the world’s largest gold-mining company, whose shares are down 67 percent from their high in 2010. Thornton, executive chairman of Barrick Gold Corp., set the partnership in motion when he announced a deal for smaller rival Randgold Resources Ltd. for $5.4 billion in September.

  • GlobeNewswire18 hours ago

    Barrick Declares Dividend

    Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick” or the “Company”) today announced that its Board of Directors has declared a dividend for the fourth quarter of 2018 of $0.07 per share, payable on January 14, 2019, to shareholders of record at the close of business on December 28, 2018. This will result in an annual dividend of $0.16 per share paid to the shareholders of Barrick in respect of the 2018 financial year. Following the completion of Barrick’s merger with Randgold Resources Limited, the Company expects to pay a quarterly dividend of $0.04 per share, commencing with the dividend to be declared in April 2019 in respect of the first quarter of 2019.

  • GlobeNewswire19 hours ago

    Barrick Announces Jersey Court Approval of Merger with Randgold and Upcoming Ticker Symbol Change

    Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick”) today announced that the Royal Court of Jersey has sanctioned the scheme of arrangement by which the recommended share-for-share merger of Barrick and Randgold is being implemented. Mark Bristow, incoming President and CEO of Barrick, said the court’s approval was the last major landmark on the journey towards the creation of a new breed of gold company. Barrick intends to change its ticker symbol on the New York Stock Exchange from “ABX” to “GOLD” beginning on the merged company’s first day of trading on January 2, 2019.

  • 3 Top Gold Stocks to Watch in December
    Motley Foolyesterday

    3 Top Gold Stocks to Watch in December

    With gold prices on the rise, investors might want to take a look at these golden investment opportunities.

  • Is IAMGOLD Corporation a Buy?
    Motley Fool3 days ago

    Is IAMGOLD Corporation a Buy?

    Is the Canada-based gold miner's recent underperformance a buying opportunity?

  • Reuters3 days ago

    First Quantum Minerals to cut over 1,000 jobs at Zambia mine

    Canada's First Quantum Minerals plans to lay off more than 1,000 workers at Zambia's Kalumbila copper-nickel mine when the government hikes taxes in January, the minister of labour said on Saturday. Labour Minister Joyce Simukoko told Reuters that the management at Kalumbila mine wrote to her office last week informing her of the planned job cuts. "We received the letter last week informing us that they want to lay off more than 1,000 workers starting in January but we think these are arm-twisting tactics," Simukoko said.

  • The Wall Street Journal4 days ago

    [$$] Britain’s Fraud Office Investigates Acacia Mining

    LONDON—The U.K.’s Serious Fraud Office is investigating Acacia Mining, an Africa-focused miner that is majority owned by gold giant Barrick Gold Corp., over allegations of corruption in Tanzania, according to people familiar with the matter. The interest of British law enforcement in Acacia marks a heightening of scrutiny over the company—and another headache for Canada’s Barrick, the world’s largest gold producer by output. The British investigations into Acacia focus around accusations that employees of the company, which was called African Barrick until 2014, bribed Tanzanian government officials and consultants, according to the people familiar with the matter.

  • GlobeNewswire4 days ago

    Barrick Announces Additional Investment in Reunion Gold Corporation

    Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick”) announced today that it has agreed to exercise its participation right in connection with a private placement offering by Reunion Gold Corporation (RGD.V) (“Reunion”). Barrick has agreed to acquire up to an additional 12,600,000 common shares of Reunion at a price of $0.18 per share. The aggregate consideration to be paid by Barrick in the offering is $2,268,000.

  • Financial Times4 days ago

    [$$] Acacia says ‘in contact’ with UK’s SFO after Tanzania arrests

    said it had “been in contact” with the UK’s Serious Fraud Office in the wake of corruption allegations against its staff in Tanzania. The Africa-focused gold miner said, however, that it is “not aware that the SFO is investigating the company,” following a report in the Wall Street Journal which claimed it is being investigated. , said two employees and a former employee in Tanzania were charged of various corruption offences by local authorities.

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of ABX.TO earnings conference call or presentation 25-Oct-18 12:00pm GMT

    Q3 2018 Barrick Gold Corp Earnings Call

  • Bloomberg6 days ago

    Barrick Moves Closer to Resolving Acacia Dispute

    Executives from the Toronto-based producer and Randgold Resources Ltd., which is being bought by Barrick, met with Tanzanian negotiators on Dec. 7, said the people, who declined to be identified as the talks are private. During that meeting, the two sides made significant progress on a deal that includes Acacia Mining Plc paying $300 million in installments. The terms are now being handed off to a tax working group in Tanzania for review, the people said.

  • Barrick, Tanzania make progress in tax row, no deal yet: source
    Reuters6 days ago

    Barrick, Tanzania make progress in tax row, no deal yet: source

    Government officials met last week with executives from Toronto-based Barrick and Randgold Resources Ltd, which Barrick is acquiring, to discuss the issue, said the source, who declined to be identified due to the sensitivity of the talks. Acacia Mining, 63.9 percent owned by Barrick, is operating under a raw mineral export ban and faces a $190 billion tax bill from the Tanzania government. "The next week is crucial." Bloomberg reported on Wednesday that Barrick had reached an agreement with the government on a $300 million payment, which Acacia will make in installments, with terms under review by a Tanzanian tax working group.

  • Reuters6 days ago

    Barrick, Tanzania make progress in tax row, no deal yet -source

    JOHANNESBURG/TORONTO, Dec 12 (Reuters) - Barrick Gold Corp has made progress in talks with the Tanzanian government to resolve a nearly 2-year-long tax dispute, but it is premature to say a deal has been reached, a person familiar in the matter told Reuters on Wednesday. Government officials met last week with executives from Toronto-based Barrick and Randgold Resources Ltd, which Barrick is acquiring, to discuss the issue, said the source, who declined to be identified due to the sensitivity of the talks. Acacia Mining, 63.9 percent owned by Barrick, is operating under a raw mineral export ban and faces a $190 billion tax bill from the Tanzania government.

  • Financial Times6 days ago

    [$$] Acacia shares rise on hopes of Tanzania dispute breakthrough

    rose by 6 per cent on Wednesday on hopes of a resolution to its longstanding dispute with the Tanzanian government, which has hampered its operations in the country. , which has left Acacia unable to export gold since March 2017, according to a person familiar with the matter. If an agreement is reached it would be a victory for Mark Bristow, the new chief executive of Barrick, following its agreement to merge with London-listed Randgold Resources in September.

  • InvestorPlace7 days ago

    5 High-Value Stocks to Buy While They Start to Rally

    The company has been in focus ahead of a planned merger with Pandora (NYSE:P). The company will next report results on Jan. 23 before the bell. Analysts are looking for earnings of 6 cents per share on revenues of $1.5 billion.

  • Simply Wall St.7 days ago

    Could Barrick Gold Corporation’s (TSE:ABX) Investor Composition Influence The Stock Price?

    A look at the shareholders of Barrick Gold Corporation (TSE:ABX) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while huge Read More...

  • Zacks7 days ago

    Is Barrick Gold (ABX) a Great Stock for Value Investors?

    Is Barrick Gold (ABX) a great pick from the value investor's perspective right now? Read on to know more.

  • Reuters7 days ago

    Zambia's chamber of mines sees 21,000 job cuts due to higher taxes

    Mining companies in Zambia may lay off more than 21,000 workers due to reduced capital expenditure over the next three years if the government introduces higher taxes in January, an industry body said on Tuesday. The Chamber of Mines said it met officials at the ministry of finance last week to present its views on the likely impact of the tax changes contained in the 2019 budget, which include capital expenditure cutbacks of more than $500 million. "Our members continue to review their operations and are having to consider scaling back substantially while reducing capital expenditure by over a half billion dollars over the next three years," chamber of mines spokesman Talent Ng'andwe said by email in response to questions by Reuters.

  • InvestorPlace8 days ago

    3 Gold Stocks to Buy As They Continue to Shine Bright

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  • Stock Losses Increase, But Qualcomm Up On Apple Patent Case
    Investor's Business Daily8 days ago

    Stock Losses Increase, But Qualcomm Up On Apple Patent Case

    Gold has done OK amid recent stock losses. The S&P; 500 lost 12% since its closing high Sept. 20, while iShares Gold Trust gained 3%.

  • Hedge Funds Are Buying Barrick Gold Corporation (ABX)
    Insider Monkey8 days ago

    Hedge Funds Are Buying Barrick Gold Corporation (ABX)

    Is Barrick Gold Corporation (NYSE:ABX) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting for known risk […]

  • The Wall Street Journal12 days ago

    [$$] Barrick Gold Retreats From Digital Reinvention

    Barrick Gold Corp., the world’s largest gold miner, is selling a research-and-development company it owns and is cutting staff hired to lead what executives had called a digital reinvention, championed by Executive Chairman John Thornton, people familiar with the matter said. The move comes shortly after the company agreed to buy Randgold Resources Ltd. for $6 billion in an all-share merger—a move that would solidify Barrick as the world’s largest gold producer by output. One of the first assets to go on the block is Barrick-owned AuTec Innovative Extractive Solutions Ltd., a Vancouver-based company that specializes in testing mineral samples and processing, people familiar with the matter said.

  • Barrick Gold to sell assets, reduce head-office management: WSJ
    Reuters12 days ago

    Barrick Gold to sell assets, reduce head-office management: WSJ

    (Reuters) - Barrick Gold Corp will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The gold miner expects to close its Randgold Resources Ltd purchase Jan. 1, and incoming CEO Mark Bristow has said he plans to sell a variety of noncore core assets, cut costs and shrink head-office management to help delegate more authority to regional mining operations, according to the WSJ report. ...

  • Reuters12 days ago

    Barrick Gold to sell assets, reduce head-office management - WSJ

    Barrick Gold Corp will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The gold miner ...

  • How Gold Stocks Have Performed This Year
    Market Realist18 days ago

    How Gold Stocks Have Performed This Year

    MORRIS: That’s interesting. Well, now let’s move on to the companies. I’ve heard you say a number of times that you think the industry is in great shape, they’ve contained their cost. The companies are in great shape. Can you tell us a little bit more about your view of the companies’ position right now financially?