ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.17
-0.15 (-1.13%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close13.32
Open13.25
Bid0.00 x 0
Ask0.00 x 0
Day's Range13.02 - 13.27
52 Week Range11.07 - 19.26
Volume9,071,097
Avg. Volume13,145,893
Market Cap14.797B
Beta-0.28
PE Ratio (TTM)10.71
EPS (TTM)1.23
Earnings DateN/A
Forward Dividend & Yield0.12 (0.93%)
Ex-Dividend Date2018-02-27
1y Target Est16.13
Trade prices are not sourced from all markets
  • Will US Sanctions on Russia Keep Haunting Kinross Gold in 2018?
    Market Realist10 hours ago

    Will US Sanctions on Russia Keep Haunting Kinross Gold in 2018?

    After significantly outperforming peers in 2017, Kinross Gold (KGC) has underperformed this year. Until As of 17, Kinross’s stock had given a negative return of 9.7%—the same as Barrick Gold (ABX). Kinross’s 4Q17 results came in below expectations.

  • Could Goldcorp’s Strong Vision Keep Its Stock Buoyant after 1Q18?
    Market Realist12 hours ago

    Could Goldcorp’s Strong Vision Keep Its Stock Buoyant after 1Q18?

    After underperforming its peers in 2017, Goldcorp’s (GG) stock has outperformed YTD (year-to-date). It’s also one of the few major gold stocks to have recorded a positive return YTD performance of 12.5% as of April 17. In comparison, the VanEck Vectors Gold Miners ETF (GDX) has fallen 1.5% while the iShares Gold Trust (GLD) has gained 3.0%. Peers Barrick Gold (ABX), Kinross Gold (KGC), and Agnico Eagle Mines (AEM) have fallen.

  • Outlook: Newmont Mining’s Stock Momentum after 1Q18 Results
    Market Realistyesterday

    Outlook: Newmont Mining’s Stock Momentum after 1Q18 Results

    Newmont Mining (NEM) is one of the very few gold mining stocks to have given a positive return year-to-date. As of April 17, it has returned 10.9%, compared to a loss of 1.5% for the VanEck Vectors Gold Miners ETF (GDX). Its strong project pipeline is the major driver behind its consistent-to-increasing production profile.

  • What to Watch for on Barrick Gold’s 1Q18 Earnings Call
    Market Realistyesterday

    What to Watch for on Barrick Gold’s 1Q18 Earnings Call

    Barrick Gold (ABX) generated negative returns amounting to 9.7% year-to-date (or YTD) as of April 17. The stock has significantly underperformed its close peers Goldcorp (GG), Newmont Mining (NEM), and Agnico Eagle Mines (AEM), which returned 12.5%, 10.9%, and -1.9%, respectively. The VanEck Vectors Gold Miners ETF (GDX) returned -1.5%.

  • With 119.54% Earnings Growth, Did Barrick Gold Corporation (TSE:ABX) Outperform The Industry?
    Simply Wall St.2 days ago

    With 119.54% Earnings Growth, Did Barrick Gold Corporation (TSE:ABX) Outperform The Industry?

    Examining Barrick Gold Corporation’s (TSX:ABX) past track record of performance is an insightful exercise for investors. It allows us to reflect on whether or not the company has met orRead More...

  • How Gold and Silver Performed amid Geopolitical Tensions
    Market Realist2 days ago

    How Gold and Silver Performed amid Geopolitical Tensions

    The past one month has been good for precious metals with the exception of platinum. Gold, silver, and palladium have increased a whopping 3%, 6.4%, and 4.4%, respectively, during the last 30 trading days. Platinum has dropped about 0.97% during the same timeframe.

  • Could these Gold Miners Beat Earnings Estimates in 1Q18?
    Market Realist2 days ago

    Could these Gold Miners Beat Earnings Estimates in 1Q18?

    We discussed analysts’ revenue estimates for gold miners in the previous part of this series. In this part, we’ll discuss what analysts expect for these gold miners’ (RING) earnings.

  • IMF Warns of Inflation Surprise: Could It Be Good for Gold?
    Market Realist2 days ago

    IMF Warns of Inflation Surprise: Could It Be Good for Gold?

    The International Monetary Fund (or IMF) also warned on April 18, 2018, that the unexpected rise in US inflation could cause significant global tensions, which could force central banks to respond firmly. It added that a hike in inflation in the US could lead the Federal Reserve to raise interest rates faster than expected. The director of the IMF’s monetary and capital markets department, Tobias Adrian, said, “What we are flagging is that at some point markets see shocks in inflation that raise inflation uncertainty and when that happens, that is associated with a rise in long-term interest rates and that might lead to a tightening in financial conditions.” While he said that the uncertainty regarding US inflation is very low, markets could have an outsized reaction to any spike.

  • Are Higher Precious Metal Prices Accounted for in Miner Revenues?
    Market Realist2 days ago

    Are Higher Precious Metal Prices Accounted for in Miner Revenues?

    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 1Q18 and beyond. Analysts expect Barrick Gold (ABX) to generate revenues of ~$1.84 billion in 1Q18.

  • Why IMF Is Worried about the US’s Expanding Debt Profile
    Market Realist2 days ago

    Why IMF Is Worried about the US’s Expanding Debt Profile

    On one hand, it has increased US growth projections due to the stimulus from tax cuts. Since these tax cuts are unfunded, the IMF believes that there will be a need for severe spending cuts in the coming years. It predicts that the US debt-to-GDP (gross domestic product) ratio will expand to 116.9% by 2023, surpassing Italy’s ratio, which should narrow to 116.6% by 2023.

  • How Wall Street Sees Gold Miners ahead of 1Q18 Earnings
    Market Realist2 days ago

    How Wall Street Sees Gold Miners ahead of 1Q18 Earnings

    At extreme levels, these ratings could even signal a change in direction, so it’s important for investors to track this data. In the senior and intermediate gold miner space (GDX)(GDXJ), analysts are the most bullish on Goldcorp (GG), assigning it 65% “buy” and 5% “sell” ratings.

  • Why Haven’t Miners Kept Up as Gold Remains Buoyant?
    Market Realist3 days ago

    Why Haven’t Miners Kept Up as Gold Remains Buoyant?

    Gold prices rose ~3% year-to-date (or YTD) after rising ~13% in 2017. Gold prices are affected by a number of factors, including rate hike expectations, trade war fears, the US dollar, and increasing volatility.

  • Market Realist3 days ago

    How Closely Are Miners Tracking Gold?

    Usually, precious-metal-mining companies follow precious metals. Precious metals have risen over the past few days, supporting mining companies.

  • Reuters4 days ago

    Acacia Mining's first-quarter profit slumps after Tanzania tax row

    Acacia Mining (ACAA.L) reported a near 50 percent fall in first quarter earnings on Thursday after reducing operations at its flagship gold mine in Tanzania amid a tax dispute with the government. Acacia, a unit of Canada's Barrick Gold (ABX.TO) and Tanzania's largest gold miner, said its gold production fell 45 percent in the first quarter from a year earlier to 120,981 ounces, mainly due to lower output at its flagship Bulyanhulu mine.

  • Reuters4 days ago

    Acacia Mining's first-quarter profit slumps after Tanzania tax row

    Acacia Mining reported a near 50 percent fall in first quarter earnings on Thursday after reducing operations at its flagship gold mine in Tanzania amid a tax dispute with the government. Acacia, a unit of Canada's Barrick Gold and Tanzania's largest gold miner, said its gold production fell 45 percent in the first quarter from a year earlier to 120,981 ounces, mainly due to lower output at its flagship Bulyanhulu mine. Acacia's London-listed shares skidded 8.8 percent to 141 pence by 0919 GMT and have now tumbled more than 70 percent since Tanzania introduced a ban on concentrate exports in March 2017.

  • Forbes4 days ago

    Here Is A Classic Pattern On The Gold Price Chart, Monthly

    A classic technical analysis pattern is playing out on the gold ETF chart based on the monthly prices. From the standpoint of classic technical analysis – the kind that John J. Murphy elucidates in Technical Analysis of the Financial Markets – this indicates the potential for reversal. Gold ETF chart. Since this is the case, a decent technical analyst would check for other types of indications to look for confirmation or non-confirmation.

  • Micron, Barrick Gold, Progress Software, Appfolio and Paycom Software highlighted as Zacks Bull and Bear of the Day
    Zacks4 days ago

    Micron, Barrick Gold, Progress Software, Appfolio and Paycom Software highlighted as Zacks Bull and Bear of the Day

    Micron, Barrick Gold, Progress Software, Appfolio and Paycom Software highlighted as Zacks Bull and Bear of the Day

  • Is Gold a Safe Investment?
    Motley Fool4 days ago

    Is Gold a Safe Investment?

    The answer isn't as simple as you may think if you look at the big picture gold plays in the investing world.

  • Bear of the Day: Barrick Gold (ABX)
    Zacks4 days ago

    Bear of the Day: Barrick Gold (ABX)

    Bear of the Day: Barrick Gold (ABX)

  • Anxious Investors Pile into Gold ETFs
    Market Realist5 days ago

    Anxious Investors Pile into Gold ETFs

    Gold ETF investors bought 173.4 tons of gold in 2017, 9% higher year-over-year (or YoY). In 2018 year-to-date (or YTD), the inflows in gold-backed ETFs have been strong. As of April 13, ETF holdings totaled 2,186 tons, which is 5.2% higher YoY.

  • Why Oil Prices Could Pull Gold Higher amid Increased Risks
    Market Realist5 days ago

    Why Oil Prices Could Pull Gold Higher amid Increased Risks

    On April 13, US crude oil (USO) May futures settled at $67.39 per barrel—the highest closing level for US crude oil active futures in more than three years. Oil prices have been climbing lately due to geopolitical tensions, which have increased worries of disruptions to supply, especially in the Middle East. New sanctions on Russia could further lift oil prices.

  • How Geopolitical Tensions Could Affect Safe-Haven Assets
    Market Realist6 days ago

    How Geopolitical Tensions Could Affect Safe-Haven Assets

    Geopolitical risk has been one of the major drivers for equity markets and commodities lately. In the latest development, the US, France, and the United Kingdom launched military strikes on Syria over the weekend. Since the strikes were surgical and the pullback was prompt, risk assets haven’t seen much impact from the strikes yet. However, another round of strikes or Russian retaliation could put the markets in risk-off mode.

  • What Investors Need to Know About Goldcorp Stock
    Motley Fool8 days ago

    What Investors Need to Know About Goldcorp Stock

    While the stock of this gold mining giant has certainly had its ups and downs over the years, the future looks much brighter than the recent past.

  • Reuters9 days ago

    CANADA STOCKS-TSX flat as financials offset gains in materials, energy

    Canada's main stock index was little changed on Friday as gains in mining and energy companies were offset by declines in financial stocks. * At 9:59 a.m. ET , the Toronto Stock Exchange's S&P/TSX Composite ...

  • Which Gold Miners Have Upside Potential after 1Q18
    Market Realist9 days ago

    Which Gold Miners Have Upside Potential after 1Q18

    Among the senior mining companies under review in this series (GDX), Newmont Mining (NEM) is currently trading at the highest EV-to-forward EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple, of 8.3x. The company’s slower production growth added to its woes in 2017. Its follow-through on its long-term vision of improving reserves, production, and unit costs by 20% each by 2021 could go a long way in further re-rating its multiple. Barrick Gold’s (ABX) higher financial leverage is still a concern for investors, and the recent issues at its Tanzanian mines have added to its woes.