ABX - Barrick Gold Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
10.43
-0.19 (-1.84%)
As of 2:10PM EDT. Market open.
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Previous Close10.62
Open10.49
Bid10.41 x 28000
Ask10.42 x 1800
Day's Range10.20 - 10.63
52 Week Range9.53 - 16.84
Volume11,366,598
Avg. Volume11,993,604
Market Cap12.18B
Beta-0.68
PE Ratio (TTM)N/A
EPS (TTM)-0.23
Earnings DateN/A
Forward Dividend & Yield0.12 (1.19%)
Ex-Dividend Date2018-08-30
1y Target Est14.17
Trade prices are not sourced from all markets
  • Reuters4 hours ago

    CANADA STOCKS-TSX gains on energy stocks

    The energy sector pushed Canada's main stock index up on Friday, as oil prices rose on supply concerns ahead of a meeting of OPEC and other large crude exporters. * The energy sector climbed 1.1 percent ...

  • JPMorgan Takes Action on Gold Mining Stocks
    GuruFocus.com3 days ago

    JPMorgan Takes Action on Gold Mining Stocks

    The analyst at JPMorgan Chase & Co. (JPM) took action on gold mining stocks on Monday. JPMorgan maintained its neutral rating on Barrick Gold Corp. (ABX). The stock closed up 2.4% Monday, and the market capitalization is $12.09 billion.

  • Barrick Gold Seeks Chinese Partners, May Slash Headcount: Globe
    Bloomberg6 days ago

    Barrick Gold Seeks Chinese Partners, May Slash Headcount: Globe

    Barrick Gold Corp. may slash 400 jobs and involve Chinese partners in its troubled Tanzania operations, Executive Chairman John Thornton told the Globe and Mail newspaper. The former Goldman Sachs Group Inc. executive wants a leaner, entrepreneurial partnership more like the early days under late founder Peter Munk, the Globe said. Thornton said there’s “an almost 100 percent” chance Chinese partners will get involved in Barrick’s projects in Tanzania that are operated through its 64 percent stake in Acacia Mining Plc. Acacia has plummeted 84 percent since its high in 2016 amid disputes with the government, which imposed a ban on exports of mineral concentrates last year and slapped the miner with a $190 billion tax bill.

  • GlobeNewswire7 days ago

    Third Quarter 2018 Results Release on October 24, Preliminary Third Quarter Production Results on October 10

    TORONTO, Sept. 14, 2018-- Barrick Gold Corporation will release its Third Quarter 2018 Results on October 24, 2018, followed by a conference call and webcast on October 25 at 8:00 a.m. ET.. Third Quarter ...

  • Reuters10 days ago

    CANADA STOCKS-TSX at three-month low as trade worries weigh

    Canada's main stock index touched over three-month lows on Tuesday led by declines in materials companies amid the ongoing Sino-U.S. trade dispute and uncertainty over the future of NAFTA trade pact. * ...

  • InvestorPlace14 days ago

    Is Goldcorp Stock Ready to Shine Again?

    After a downward summer for the price of gold and gold mining stocks in general, investors may consider adding Goldcorp (NYSE:GG) stock to their portfolio for the rest of the year. There are several long strategies in GG stock that could lead to impressive profits. With a holding of mines in both North and Latin America, Goldcorp is the largest Canadian gold miner by market capitalization.

  • Citigroup Upgrades Barrick Gold Corp
    GuruFocus.com22 days ago

    Citigroup Upgrades Barrick Gold Corp

    Barrick Gold Corp. (ABX) was The stock is 1% down at $10.48 in early morning trading on Thursday despite an upgrade by Citigroup (C). Citigroup raised its rating on Barrick Gold Corp. to neutral from sell, suggesting more opportunities for options investors and other traders, who use certain trading strategies for neutral markets. Warning! GuruFocus has detected 4 Warning Signs with ABX.

  • GuruFocus.com23 days ago

    Acacia Mining Announces a New Board Chairman

    The stock was trading around 1.167 British pounds ($1.50) per share on the London Stock Exchange Wednesday morning, up about 2.4% from yesterday. Dushnisky will be the new CEO of AngloGold Ashanti Limited (AU). Warning! GuruFocus has detected 8 Warning Signs with GWW.

  • Which Gold Miners Could Offer Valuation Upsides after Q2 2018?
    Market Realist25 days ago

    Which Gold Miners Could Offer Valuation Upsides after Q2 2018?

    The average ratio of the NYSE Arca Gold Miners Index and the S&P 500 Index (SPY) is 0.18 compared to the ten-year average of 0.68. While the valuations of broader equities have continued to increase, the valuations of gold stocks haven’t kept the pace, and the ratio has fallen. In this article, we’ll see how individual gold miners look based on their valuations and compared to their histories and their peers.

  • Gold Miners Are Deeply Oversold—Is a Bounce around the Corner?
    Market Realist25 days ago

    Gold Miners Are Deeply Oversold—Is a Bounce around the Corner?

    Moving averages help traders and investors make market entry or exit decisions. Usually, if a stock is trading below its moving averages, it indicates that the stock is oversold, and vice versa. As we can see in the above table, all the gold miners we’re reviewing in this series are trading at discounts to their 50-day and 20-day moving averages based on their closing prices on August 17.

  • How Analysts Expect Gold Miners’ Earnings to Progress
    Market Realist25 days ago

    How Analysts Expect Gold Miners’ Earnings to Progress

    Now that we’ve considered analysts’ revenue estimates for the senior gold miners under review (GDX) in this series, let’s take a look at analysts’ EBITDA estimates.

  • What’s Driving Analysts’ Revenue Forecasts for Gold Miners?
    Market Realist28 days ago

    What’s Driving Analysts’ Revenue Forecasts for Gold Miners?

    In the previous article, we looked at analysts’ ratings for senior gold mining companies. In this article, we’ll look at analysts’ estimates for those companies’ (GDX) (JNUG) revenues going forward. 

  • Which Gold Miners Analysts Love after Q2 2018 and Why
    Market Realist28 days ago

    Which Gold Miners Analysts Love after Q2 2018 and Why

    In this article, we’ll look at the market sentiments for these companies. We’ll look at analysts’ recommendations, target prices, and potential upsides or downsides for these gold miners.

  • Ranking Gold Miners Based on Debt-Repayment Capacity
    Market Realist29 days ago

    Ranking Gold Miners Based on Debt-Repayment Capacity

    To a point, companies try to optimize their debt-to-equity mixes. In fact, it isn’t always bad to carry debt if a company can repay it through earnings.

  • How Do Gold Miners’ Liquidity Positions Look?
    Market Realist29 days ago

    How Do Gold Miners’ Liquidity Positions Look?

    One way to assess a company’s liquidity is to calculate its current ratio. Newmont Mining (NEM) and Kinross Gold (KGC) are doing the best among senior miners with ratios of 4.6x and 3.7x, respectively. Goldcorp (GG) and Yamana Gold (AUY), on the other hand, have the lowest current ratios of 1.01x and 1.04x, respectively.

  • At What Cost Are Gold Miners Mining Gold?
    Market Realistlast month

    At What Cost Are Gold Miners Mining Gold?

    AISC (all-in sustaining costs) is an encompassing measure that helps us compare gold miners’ performances. Barrick Gold (ABX) reported AISC of $856 per ounce and a cost of sales of $882 per ounce in the second quarter. Its cost of sales reached 22.0%, and its AISC was 21.0% higher YoY (year-over-year).

  • Which Gold Miners Could Grow Their Productions Going Forward?
    Market Realistlast month

    Which Gold Miners Could Grow Their Productions Going Forward?

    After making discretionary cuts on exploration and capex for many years, gold miners (GDX) (JNUG) have started to refocus on production growth. Newmont Mining (NEM) has approved eight projects since mid-2014. It’s also still on track to reach commercial production at Subika Underground in the fourth quarter.

  • What Factors Could Support Newmont’s Valuation Multiple?
    Market Realistlast month

    What Factors Could Support Newmont’s Valuation Multiple?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Newmont Mining (NEM) has a forward EV-to-EBITDA multiple of 7.6x, which is the highest among the senior gold miners. Senior miners Kinross Gold (KGC), Barrick Gold (ABX), and Goldcorp (GG) are trading at forward multiples of 3.7x, 5.5x, and 6.3x, respectively.

  • Does Gold Miners’ Declining Production Herald Tighter Supply?
    Market Realistlast month

    Does Gold Miners’ Declining Production Herald Tighter Supply?

    Goldcorp (GG) produced 571,000 ounces of gold in the second quarter, a fall of ~10.0% YoY (year-over-year). Barrick Gold (ABX) produced ~1.07 million ounces of gold in the second quarter, reflecting a fall of ~25.0% YoY. Part of Barrick Gold’s lower production was expected due to lower ore grades, recovery at the Barrick Nevada oxide mill, and scheduled maintenance shutdowns at the Barrick Nevada and Pueblo Viejo autoclaves.

  • Analyzing Gold Miners’ Beats and Misses after Q2 2018
    Market Realistlast month

    Analyzing Gold Miners’ Beats and Misses after Q2 2018

    Among the gold miners (RING) (GDX) we’re discussing in this series, only Newmont Mining (NEM) beat analysts’ expectations in the second quarter. Stock reactions to the companies’ beats and misses and the extent of gold’s beats and misses varied among miners.

  • Which Gold Miners Show Upside Potential after Q2 2018?
    Market Realistlast month

    Which Gold Miners Show Upside Potential after Q2 2018?

    Gold prices haven’t been able to catch a break even as geopolitical concerns have become more pronounced. On August 15, gold prices fell to a 19-month low of $1,173 per ounce as the US dollar continued its winning streak. The precious metal appears to have lost some of its safe-haven appeal.

  • Could Newmont’s Free Cash Flow Rise in the Coming Quarters?
    Market Realistlast month

    Could Newmont’s Free Cash Flow Rise in the Coming Quarters?

    What Could Drive Newmont Mining Stock in the Rest of 2018? Investors are usually interested in the company’s FCF (free cash flow) progression, as it enables miners (GDX)(RING) to optimize their financial leverage, invest in projects supporting long-term value, and provide shareholder returns. In this context, we’ll look at Newmont Mining’s (NEM) FCF generation in 2018 and its future capability to generate cash.

  • How Does Newmont Mining’s Financial Leverage Look?
    Market Realistlast month

    How Does Newmont Mining’s Financial Leverage Look?

    Newmont Mining (NEM) saw its debt rise at the peak of the cycle due to expensive acquisitions. These companies are now focusing on steadily paying off their debt.