ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
12.48
-0.18 (-1.42%)
At close: 4:00PM EST
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Previous Close12.66
Open12.65
Bid12.36 x 1000
Ask12.46 x 2000
Day's Range12.45 - 12.75
52 Week Range12.45 - 20.36
Volume12,927,273
Avg. Volume11,800,691
Market Cap14.537B
Beta-0.39
PE Ratio (TTM)10.15
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.12 (0.93%)
Ex-Dividend Date2017-11-29
1y Target EstN/A
Trade prices are not sourced from all markets
  • Barrick Vows Not to Grow for Growth's Sake
    Bloomberg13 hours ago

    Barrick Vows Not to Grow for Growth's Sake

    Barrick Gold Corp. managed to cling to the title of world’s largest miner in 2017, but Executive Chairman John Thornton made it clear he won’t be pressuring the troops to repeat that this year.

  • Reuters15 hours ago

    Barrick Gold will not do deals simply to grow -chairman

    Barrick Gold, the world's largest producer of bullion, has yet to deliver on the "conundrum" of growth, but it will not make an acquisition simply to bulk up, Chairman John Thornton said an investor ...

  • Newmont Mining poised for growth in gold sector
    Reuters16 hours ago

    Newmont Mining poised for growth in gold sector

    Newmont Mining Corp (NEM.N) laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world's largest bullion producer in 2018. Newmont, whose 2017 production slightly lagged industry leader Barrick Gold (ABX.TO), boosted its 2018 capital budget by $300 million, to $1.2-$1.3 billion, after approving a power project at an Australian mine and expansion of a joint venture mine in Nevada. Chief Executive Gary Goldberg said Newmont's efforts to attract a broader investor base, by sweetening its dividend and focusing on shareholder returns, is drawing increased interest from generalist investors.

  • Reuters18 hours ago

    Barrick Gold sees long-term output drop, promising projects

    Barrick Gold on Thursday predicted ongoing gold production declines in the long term, positioning the miner to lose its status as the world's biggest bullion producer, but it said key projects could boost ...

  • Why Goldcorp’s Project Pipeline Could Drive Long-Term Growth
    Market Realist20 hours ago

    Why Goldcorp’s Project Pipeline Could Drive Long-Term Growth

    Goldcorp (GG) has one of the strongest project pipelines in the industry. At Penasquito, the Pyrite Leach Project (or PLP) is 62% complete and expected to start commissioning in 4Q18, which is three months ahead of schedule. This project is expected to add ~1 million ounces of gold and 44 million ounces of silver over the current life of the mine.

  • ETF Trends20 hours ago

    Investors Return to Big Gold Miners ETF

    The VanEck Vectors Gold Miners ETF (NYSEArca: GDX), the largest exchange traded fund dedicated to gold mining stocks, is once again attracting investors. GDX is comprised of global gold miners, with a ...

  • Reuters21 hours ago

    Barrick Gold forecasts 10-year output, provides update on projects

    Barrick Gold predicted annual production of more than 4 million ounces of bullion between 2023 and 2027 on Thursday, a long-term view following last week's near-term forecast of lower output and higher costs from the world's biggest producer. The Toronto-based company also said its Chief Operating Officer, Richard Williams, will step down and take on a new role that will focus exclusively on talks with Tanzania for its troubled Acacia Mining unit. Senior Vice President Greg Walker will oversee operations.

  • Why Goldcorp’s Production Is on Track to Grow 20% by 2021
    Market Realist21 hours ago

    Why Goldcorp’s Production Is on Track to Grow 20% by 2021

    Goldcorp’s (GG) produced 646,000 ounces of gold in 4Q17, a decline of 15% year-over-year (or YoY). Goldcorp’s full-year production came in at 2.6 million ounces, which is slightly higher than its guidance of 2.5 million ounces. Goldcorp has guided for production of 2.5 million ounces in 2018 with +/-5% variance, which is in line with its previous 2018 guidance as well as the guidance for 2017.

  • Goldcorp: Operational Highlights from the 4Q17 Results
    Market Realist22 hours ago

    Goldcorp: Operational Highlights from the 4Q17 Results

    Goldcorp (GG) generated total revenues of $3,423 million in 2017, which is a decline of 2% YoY (year-over-year). Goldcorp’s production costs also fell 9% YoY to $1.89 billion due to the closure of the Marlin mine and sale of the Los Filos mine. Goldcorp’s net earnings were $658 million, or $0.76 per share, for 2017.

  • Goldcorp’s 4Q17 Earnings Beat Estimates, Stock Soars
    Market Realist2 days ago

    Goldcorp’s 4Q17 Earnings Beat Estimates, Stock Soars

    Goldcorp (GG) reported its 4Q17 results after the market closed on February 14. It held a conference call the next day to discuss the results. Goldcorp thoroughly beat the consensus EPS (earnings per share) estimate of $0.10 by $0.18.

  • Barrick Gold: An Attractive Investment Option
    GuruFocus.com2 days ago

    Barrick Gold: An Attractive Investment Option

    The world's largest gold miner is positioned to reverse its downturn in the years ahead

  • Barrick Clings to Top Gold Miner Title as Newmont Closes Gap
    Bloomberg2 days ago

    Barrick Clings to Top Gold Miner Title as Newmont Closes Gap

    Gold geeks will have to wait for Newmont Mining Corp. to disclose one more decimal place to see if it overtook Barrick Gold Corp. as the world’s biggest bullion producer.

  • Kinross Gold’s Strong Financial Position Could Support Growth
    Market Realist3 days ago

    Kinross Gold’s Strong Financial Position Could Support Growth

    The company ended the year with cash and cash equivalents of $1.03 billion. This liquidity position is more significant, given that the company doesn’t have any debt maturity until 2021, which should help it invest in future development opportunities. In its 4Q17 earnings call, Kinross Gold’s management sounded upbeat about the company’s strong financial position.

  • Can Kinross Improve Unit Cost Structure, Guiding for Flat Costs?
    Market Realist4 days ago

    Can Kinross Improve Unit Cost Structure, Guiding for Flat Costs?

    Compared to its closest peers, Kinross Gold (KGC) has been a higher-cost gold producer. As a result, Kinross Gold is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM). In this part of the series, we’ll see how Kinross is trying to improve its unit costs.

  • Kinross Gold’s Power Plant Acquisition in Brazil to Add Value
    Market Realist7 days ago

    Kinross Gold’s Power Plant Acquisition in Brazil to Add Value

    Along with releasing its 2017 results, Kinross Gold (KGC) also announced an acquisition of two hydroelectric power plants in Brazil from a subsidiary of Gerdau (GGB). The rationale behind this acquisition is to secure long-term, low-cost power for its Paracatu mine in Brazil. This power should lower the overall production costs for the company’s Paracatu mine over its mine-life.

  • A Look at Gold Miners’ Technical Indicators
    Market Realist7 days ago

    A Look at Gold Miners’ Technical Indicators

    Components of GDX: What’s Driving Gold Miners in 2018?

  • Reading Mining Stocks’ Technicals in 2018
    Market Realist7 days ago

    Reading Mining Stocks’ Technicals in 2018

    Why Did Precious Metals Rebound?

  • What’s Affected Senior Gold Miners’ Performance
    Market Realist7 days ago

    What’s Affected Senior Gold Miners’ Performance

    Senior gold miners, which are large, established miners with various assets in multiple geographies, usually have lower-risk and highly liquid stocks. While there are variations between different miners, as a group, they usually follow gold prices. Senior miners Barrick Gold (ABX), Newmont Mining (NEM), Goldcorp (GG), and Kinross Gold (KGC) make up a substantial 25.4% of the VanEck Vectors Gold Miners ETF (GDX).

  • Why Kinross Gold Stock Plunged after 4Q17 Earnings
    Market Realist7 days ago

    Why Kinross Gold Stock Plunged after 4Q17 Earnings

    Kinross Gold (KGC) released its 4Q17 and 2017 results on February 14, after the market closed, and held a conference call with analysts on February 15. Kinross Gold stock dropped ~7% on February 15, underperforming the VanEck Vectors Gold Miners ETF (GDX), which fell just 1.0%. Goldcorp (GG) and Barrick Gold (ABX) also released their 4Q17 results on February 14 and held earnings calls the next day.

  • Why Did Precious Metals Rebound?
    Market Realist7 days ago

    Why Did Precious Metals Rebound?

    Why Did Precious Metals Rebound?

  • Why GLD and GDX Have Diverged This Year
    Market Realist7 days ago

    Why GLD and GDX Have Diverged This Year

    Components of GDX: What’s Driving Gold Miners in 2018?

  • Financial Times7 days ago

    [$$] Acacia Mining considers selling stake in Tanzania assets

    Acacia Mining , the Tanzania-focused gold miner that has been embroiled in a dispute with the country’s president, is looking to sell a stake in some or all of its operations in the East African state. ...

  • Reuters8 days ago

    Gold edges higher as dollar hits two-week low

    U.S. gold futures for April delivery settled down $2.70, or 0.2 percent, at $1,355.30 per ounce. "The debt level will be a major cause of inflation, because it will signal higher interest rates," said George Gero, managing director of RBC Wealth Management. The U.S. dollar index was down against a basket of currencies, earlier hitting a near two-week low of 88.585.

  • Reuters8 days ago

    CANADA STOCKS-TSX little changed as bank share gains offset by resource stocks

    Canada's main stock index was little changed on Thursday as gains in the financial sector and shares of TransCanada Corp were tempered by a decline in resource companies. * At 10:20 a.m. EST (1520 GMT), the Toronto Stock Exchange's S&P/TSX composite index edged up 4.79 points, or 0.03 percent, at 15,333.06. * TransCanada was the biggest advancer on the index, rising 3.7 percent to C$55.64, after its fourth-quarter profit beat expectations due to lower costs and an expansion of gas lines.

  • GuruFocus.com8 days ago

    Barrick Gold Corp Climbs 0.73%

    Barrick Gold beat expectations on quarterly earnings and revenues