ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.62
+0.13 (+0.96%)
At close: 4:00PM EDT
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Previous Close13.49
Open13.53
Bid13.59 x 500
Ask13.71 x 100
Day's Range13.41 - 13.76
52 Week Range11.07 - 18.35
Volume10,533,864
Avg. Volume13,155,653
Market Cap15.958B
Beta-0.28
PE Ratio (TTM)11.07
EPS (TTM)1.23
Earnings DateN/A
Forward Dividend & Yield0.12 (0.93%)
Ex-Dividend Date2018-02-27
1y Target Est15.96
Trade prices are not sourced from all markets
  • What Investors Need to Know About Barrick Gold Corp Stock
    Motley Fool7 hours ago

    What Investors Need to Know About Barrick Gold Corp Stock

    As the largest gold miner in the world, Barrick Gold is an important stock for gold investors to understand.

  • Barrick Gold’s Free Cash Flow and Long-Term Prospects
    Market Realist20 hours ago

    Barrick Gold’s Free Cash Flow and Long-Term Prospects

    Free cash flow (or FCF) generation helps long-term prospects for a business and helps generate shareholder value. It’s important for investors to track gold miners’ (GDX) ability to generate FCF. Barrick Gold (ABX) has a strategy of value over volume, which prioritizes profitable production.

  • Barrick Gold Won’t Sell More Assets to Reduce Debt
    Market Realist22 hours ago

    Barrick Gold Won’t Sell More Assets to Reduce Debt

    Investors have been punishing Barrick Gold (ABX) and other gold miners for a long time due to their high debt, especially when precious metal prices (GLD) (SLV) were in a downslide. You might recall that Barrick, Newmont Mining (NEM), and Kinross Gold (KGC) invested heavily at the peak of the cycle. Most of those assets were subsequently written off due to poor economics, infrastructure issues, and weaker precious metal prices.

  • InvestorPlaceyesterday

    Newmont Mining Corp Is Only for Traders — Even With an Earnings Beat

    First, however, I want to point out why neither precious metals or stocks like NEM stock are good for much other than as trading vehicles. The problem with gold and other precious metals is that their prices move based on factors that have nothing to do with earnings growth. Sure, mining companies do move with respect to earnings growth, but the underlying metals obviously don’t have earnings power.

  • Thomson Reuters StreetEventsyesterday

    Edited Transcript of ABX.TO earnings conference call or presentation 24-Apr-18 12:00pm GMT

    Q1 2018 Barrick Gold Corp Earnings Call

  • Barrick Gold’s Production: Expected to Be Weak in Medium Term
    Market Realist2 days ago

    Barrick Gold’s Production: Expected to Be Weak in Medium Term

    Production growth is an important variable for miners. Barrick Gold (ABX) produced ~1.1 million ounces of gold in 1Q18, which reflects a decline of ~20% YoY (year-over-year). Barrick Gold has maintained its production guidance of 4.5 million–5 million ounces of gold in 2018, which implies a decline of ~11% compared to actual production in 2017 as measured at the midpoint.

  • Barrick Gold Stock Rose on 1Q18 Earnings Beat
    Market Realist2 days ago

    Barrick Gold Stock Rose on 1Q18 Earnings Beat

    Barrick Gold (ABX) reported its 1Q18 results on April 23 after the market closed. It held a conference call the next day. It reported EPS (earnings per share) of $0.15, which represented a beat of $0.01 on consensus expectations. However, it missed on revenues by ~$50 million, reporting a top line of $1.8 billion. It maintained its production and unit costs for 2018.

  • GlobeNewswire2 days ago

    Barrick Announces Dividend

    TORONTO, April 24, 2018-- Barrick Gold Corporation today announced that its Board of Directors has declared a dividend for the quarter of U.S. 3 cents per share, payable on June 15, 2018, to shareholders ...

  • GlobeNewswire2 days ago

    Barrick Announces Election of Directors

    TORONTO, April 24, 2018-- Barrick Gold Corporation announced that the nominees listed in the information circular for the 2018 Annual Meeting of Shareholders were elected as directors of Barrick. Detailed ...

  • Mining Shares’ Technicals and How They’re Moving
    Market Realist3 days ago

    Mining Shares’ Technicals and How They’re Moving

    The recent unrest in the markets has had a significant effect on precious metals and mining companies. The US dollar has a prominent role in influencing dollar-denominated precious metals and mining stocks.

  • Barrick Gold (ABX) Q1 Earnings In Line, Sales Beat Estimates
    Zacks3 days ago

    Barrick Gold (ABX) Q1 Earnings In Line, Sales Beat Estimates

    Despite lower production levels, Barrick Gold's (ABX) Q1 results benefit from higher gold prices.

  • ACCESSWIRE3 days ago

    Barrick Gold Corporation to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / April 24, 2018 / Barrick Gold Corporation (NYSE: ABX ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 24, 2018 at 8:00 AM Eastern Time. ...

  • Reuters3 days ago

    Barrick Gold says focus on growth after deep debt cuts

    Barrick Gold Corp said on Monday it was done selling assets to cut debt and would instead use funds from future sales for growth or to pay dividends, as it looks set to lose its rank as the world's biggest gold producer due to declining production. Toronto-based Barrick, which reported better-than-expected adjusted earnings, said its focus would increasingly be on growth from its own projects and operations in Nevada and the Dominican Republic. The miner also said it had suspended work on a prefeasibility study on its massive Pascua-Lama gold and silver project in the Andes Mountains, which does not meet its investment criteria.

  • InvestorPlace3 days ago

    Barrick Gold Corporation (ABX) Shares Up on Q1 Earnings Beat

    Barrick Gold Corporation (NYSE:ABX) unveiled its latest quarterly earnings results late Monday, exceeding analysts’ expectations on the earnings front, while revenue missed estimates. On an adjusted basis, the company reported adjusted earnings of $170 million, or 15 cents per share, which topped the Wall Street consensus estimate of 14 cents per share, according to data compiled by Thomson Reuters. Barrick Gold’s revenue did not perform as well as the company’s earnings as it fell to $1.79 billion, a 10.1% drop compared to the year-ago quarter total of $1.99 billion.

  • Reuters3 days ago

    Barrick Gold adjusted 1st-qtr profit rises on higher gold prices

    Barrick Gold Corp, the world's largest gold miner by output, reported a 5 percent rise in first-quarter adjusted profit on Monday, primarily reflecting higher gold prices and lower depreciation. The Toronto-based ...

  • GlobeNewswire3 days ago

    Barrick Reports First Quarter 2018 Results

    Barrick reported first quarter net earnings attributable to equity holders of $158 million, and adjusted net earnings 1 of $170 million. The Company reported first quarter revenues of $1.79 billion, net ...

  • Which Gold Miners Could See Valuation Upside after 1Q18 Earnings?
    Market Realist4 days ago

    Which Gold Miners Could See Valuation Upside after 1Q18 Earnings?

    Among the senior mining companies under review in this series (GDX), Agnico Eagle Mines (AEM) is trading at the highest EV-to-forward EBITDA (enterprise value to earnings before interest, tax, depreciation, and amortization) multiple, of 11.5x. As you can see in the graph below, AEM’s EBITDA margin is quite high. The company offers strong production growth, which is supported by a strong project pipeline.

  • Financial Times4 days ago

    [$$] Barrick Gold earnings helped by higher gold prices

    Higher gold prices added shimmer to Canadian miner Barrick Gold’s earnings though lower output weighed on the company’s revenues. The company reported net income of $158m, or 14 cents a share, in the first ...

  • Will US Sanctions on Russia Keep Haunting Kinross Gold in 2018?
    Market Realist5 days 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 Realist5 days 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 Realist6 days ago

    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 Realist6 days ago

    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.6 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 Realist7 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 Realist7 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.