ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.32
+0.06 (+0.45%)
At close: 4:01PM EDT
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Previous Close13.26
Open13.32
Bid0.00 x 0
Ask0.00 x 0
Day's Range13.13 - 13.37
52 Week Range11.07 - 19.38
Volume11,142,043
Avg. Volume13,211,695
Market Cap14.966B
Beta-0.28
PE Ratio (TTM)10.83
EPS (TTM)1.23
Earnings DateN/A
Forward Dividend & Yield0.12 (0.93%)
Ex-Dividend Date2018-02-27
1y Target Est16.15
Trade prices are not sourced from all markets
  • Why Haven’t Miners Kept Up as Gold Remains Buoyant?
    Market Realist10 hours 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 Realist16 hours 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.

  • Reuters21 hours 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.

  • Reuters21 hours 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.

  • Forbes2 days ago

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

    One of those old school classic technical analysis patterns can be seen on the monthly gold price chart.

  • Micron, Barrick Gold, Progress Software, Appfolio and Paycom Software highlighted as Zacks Bull and Bear of the Day
    Zacks2 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 Fool2 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)
    Zacks2 days ago

    Bear of the Day: Barrick Gold (ABX)

    Bear of the Day: Barrick Gold (ABX)

  • Anxious Investors Pile into Gold ETFs
    Market Realist3 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 Realist3 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 Realist4 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 Fool6 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.

  • Reuters7 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 Realist7 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.

  • How Did the Fed’s Minutes Affect Gold and Miners?
    Market Realist7 days ago

    How Did the Fed’s Minutes Affect Gold and Miners?

    Another crucial factor that closely plays on precious metals prices is the US interest rate—more specifically, the Federal Reserve’s decisions on moving the interest rate. During the Fed’s meeting in the third week of March, it took a hawkish stance, causing precious metals to rise instead of fall. The Fed mentioned that it would like to raise interest rates two rather than three more times in 2018.

  • How Analysts’ Recommendations for Gold Miners Changed in 1Q18
    Market Realist8 days ago

    How Analysts’ Recommendations for Gold Miners Changed in 1Q18

    On March 12, 2018, RBC (Royal Bank of Canada) downgraded Newmont Mining (NEM) to “underperform” from “sector perform,” and cut NEM’s stock price by $1 to $43. On January 16, 2018, Deutsche Bank (DB) downgraded Newmont from “buy” to “hold.” DB analyst Chris Terry believes that whereas the outlook for commodity prices seems bright, Newmont has a rich valuation and catalysts for the stock have already played out.

  • New Strong Sell Stocks for April 12nd
    Zacks8 days ago

    New Strong Sell Stocks for April 12nd

    Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:

  • Gold Stocks AKG & HMY Shining Amid Trade, Syria Tensions
    Zacks8 days ago

    Gold Stocks AKG & HMY Shining Amid Trade, Syria Tensions

    Geopolitical tensions and lingering concerns over a trade war might reduce investors' appetite for riskier assets and fuel demand for safe-haven gold.

  • Gauging Gold Miners’ Upside Potential
    Market Realist8 days ago

    Gauging Gold Miners’ Upside Potential

    In 1Q18, gold prices (GLD) rose by just 1%. While gold prices have repercussions on gold miners’ performance based on their leverage, most miners’ price movements in 1Q18 have been driven by company-specific factors such as the release of 2017 results, reserves, and 2018 guidance. Among senior gold miners, analysts are most bullish on Goldcorp (GG), assigning it 65% “buy” and 5% “sell” ratings.

  • What Boosted Newmont and Goldcorp Stock in 1Q18
    Market Realist8 days ago

    What Boosted Newmont and Goldcorp Stock in 1Q18

    Newmont Mining (NEM) stock rose 2.4% in 1Q18 while Goldcorp (GG) stock rose 4.5%. Newmont Mining reported an earnings beat in 4Q17. The company’s production and unit costs were in line with its guidance.

  • GlobeNewswire8 days ago

    Barrick Reports Preliminary First Quarter Production Results

    All amounts expressed in U.S. dollars. TORONTO, April 11, 2018-- Barrick Gold Corporation today announced preliminary first quarter production of 1.05 million ounces of gold, and 85 million pounds of copper, ...

  • Could Barrick Gold Reverse Its Fortune This Year?
    Market Realist8 days ago

    Could Barrick Gold Reverse Its Fortune This Year?

    Barrick Gold (ABX) has underperformed senior and intermediate peers (GDX) (GDXJ) as well as the broader benchmark index (GDX). Barrick has guided for production of 4.5 million–5.0 million ounces of gold in 2018, which implies a ~11% fall from the midpoint of its actual production in 2017. Barrick Gold raised its all-in sustaining cost guidance for 2018 to $765–$815 per ounce.

  • How Gold and Gold Miners Performed in 1Q18
    Market Realist8 days ago

    How Gold and Gold Miners Performed in 1Q18

    Gold prices rose ~1% in 1Q18 after rising ~13% in 2017. Gold prices are being affected by a number of factors, including rate hike expectations, trade war fears, the US dollar, and increasing volatility.

  • Is the Correlation of Mining Shares Mixed or Directional?
    Market Realist9 days ago

    Is the Correlation of Mining Shares Mixed or Directional?

    In this part of our series, we’ll look at the correlation between gold and four mining stocks: Coeur Mining (CDE), Barrick Gold (ABX), Kinross Gold (KGC), and Eldorado Gold (EGO). Mining stocks mostly move with gold prices but not always. Among these four miners, Kinross Gold has shown the highest correlation with gold, while Eldorado Gold has seen a negative correlation to gold on a YTD (year-to-date) basis. 

  • Better Buy: Freeport-McMoRan Inc. vs. Barrick Gold Corporation
    Motley Fool9 days ago

    Better Buy: Freeport-McMoRan Inc. vs. Barrick Gold Corporation

    Freeport and Barrick are both commodity-driven miners. The choice here really boils down to the commodity you want to own.