ABX.TO - Barrick Gold Corporation

Toronto - Toronto Delayed Price. Currency in CAD
16.45
+0.07 (+0.43%)
At close: 4:15PM EDT
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Previous Close16.38
Open16.34
Bid16.44 x 0
Ask16.47 x 0
Day's Range16.20 - 16.47
52 Week Range12.54 - 19.49
Volume3,699,557
Avg. Volume4,539,035
Market Cap28.82B
Beta (3Y Monthly)-0.89
PE Ratio (TTM)N/A
EPS (TTM)-1.22
Earnings DateFeb 12, 2019 - Feb 18, 2019
Forward Dividend & Yield0.37 (2.03%)
Ex-Dividend Date2019-05-30
1y Target Est13.81
  • Reuters4 days ago

    Acacia Mining says Tanzanian mine to be issued environmental protection order

    Acacia Mining Plc said on Friday its North Mara Gold Mine would be issued an environmental protection order relating to alleged historical breaches of environmental regulations in Tanzania. Acacia, majority-owned ...

  • Bloomberg4 days ago

    Iamgold Explores Sale Amid Gold Sector Consolidation

    Iamgold’s plans could still change and there’s no guarantee it would succeed in selling itself, the people said. A representative for Iamgold declined to comment. Shares of Iamgold closed up 9.4%, valuing the company at about C$1.6 billion ($1.2 billion).

  • Reuters4 days ago

    Iamgold explores possible sale -Bloomberg

    Canada's Iamgold Corp is exploring a possible sale of all or parts of the gold miner business, Bloomberg reported on Thursday, citing people familiar with the matter. The company, which has four operating gold mines, is working with advisers and has been in talks with several potential buyers, according to the report. Iamgold was not immediately available for comment.

  • Barrick Gold’s Strategy for Creating Shareholder Value
    Market Realist5 days ago

    Barrick Gold’s Strategy for Creating Shareholder Value

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)Review of Barrick’s asset baseThe Barrick Gold (GOLD) and Randgold Resources combined company intends to achieve sector-leading (GDX) (JNUG) returns. To achieve

  • What Could Drive Barrick Gold’s Free Cash Flow
    Market Realist5 days ago

    What Could Drive Barrick Gold’s Free Cash Flow

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)Free cash flowBarrick Gold’s (GOLD) value-over-volume strategy prioritizes profitable production, a main driver of FCF (free cash flow). The company defines value

  • How Barrick Gold’s Financial Leverage Compares with Peers
    Market Realist5 days ago

    How Barrick Gold’s Financial Leverage Compares with Peers

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)Financial leverageInvestors have become cautious of miners’ escalating debt positions, the result of acquisitions at the peak of the cycle. Gold miners (GDX)

  • Barrick Gold’s Unit Costs Increase but Stay Lower than Peers’
    Market Realist5 days ago

    Barrick Gold’s Unit Costs Increase but Stay Lower than Peers’

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)Barrick Gold’s all-in sustaining costsIn the first quarter, Barrick Gold’s (GOLD) AISC (all-in sustaining costs) rose 2.3% YoY (year-over-year) to $825 per ounce

  • What Is Barrick Gold Doing to Increase Its Production?
    Market Realist5 days ago

    What Is Barrick Gold Doing to Increase Its Production?

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)What impacted Barrick Gold’s production?Production growth is a crucial variable for miners, and along with realized metal prices, it drives a company’s revenue. In

  • Thomson Reuters StreetEvents5 days ago

    Edited Transcript of ABX.TO earnings conference call or presentation 8-May-19 3:00pm GMT

    Q1 2019 Barrick Gold Corp Earnings Call

  • What Could Affect Barrick Gold’s Valuation Mulitple
    Market Realist5 days ago

    What Could Affect Barrick Gold’s Valuation Mulitple

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?(Continued from Prior Part)ValuationAmong senior and intermediate miners (GDX), Agnico Eagle Mines (AEM) has the highest EV1-to-EBITDA multiple of 10.9x. The multiple is 5.5% higher than its

  • Could Barrick Gold Be Your Long-Term Gold Bet after Q1?
    Market Realist5 days ago

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?

    Could Barrick Gold Be Your Long-Term Gold Bet after Q1?Barrick Gold’s first-quarter resultsBarrick Gold (GOLD) released its first-quarter earnings results on May 8. Its EPS of $0.11 beat analysts’ estimate by $0.02, whereas its top line of

  • Reuters6 days ago

    Barrick Gold prepping sale of Zambian copper mine in second half - sources

    LONDON/NEW YORK (Reuters) - Barrick Gold Corp, the world's second largest bullion miner, is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers, three sources with knowledge of the matter said. Fresh from two major deals in recent months, Barrick has said it plans to shed $1.5 billion (£1.16 billion) of less productive mines, which have little expansion potential. It included Lumwana among the possible sales, as a relatively low-grade copper mine whose margins could be materially affected by Zambia's new mining code and import duty.

  • Reuters6 days ago

    Barrick Gold prepping sale of Zambian copper mine in H2 - sources

    LONDON/NEW YORK, May 14 (Reuters) - Barrick Gold Corp , the world's second largest bullion miner, is preparing its Zambian copper mine Lumwana for sale in the second half of 2019, looking to target Chinese buyers, three sources with knowledge of the matter said. Fresh from two major deals in recent months, Barrick has said it plans to shed $1.5 billion of less productive mines, which have little expansion potential. It included Lumwana among the possible sales, as a relatively low-grade copper mine whose margins could be materially affected by Zambia's new mining code and import duty.

  • As S&P 500 Stumbles, a Gold Miner Wins the Market
    Bloomberg7 days ago

    As S&P 500 Stumbles, a Gold Miner Wins the Market

    Gold miners offer more leverage to rising gold prices, typically gaining more than spot on flight-to-safety trading days. For investors looking for a gold play on the S&P 500, there was only one option. Rival Barrick Gold Corp. -- which bears the ticker ‘‘GOLD’’ -- rose 2.6%, about the same amount as newly merged Newmont Goldcorp (2.5%), but is not listed on the S&P 500.

  • A New Look at Barrick
    Motley Fool10 days ago

    A New Look at Barrick

    Let's take a look at this international gold miner in light of its recent merger with Randgold.

  • GlobeNewswire11 days ago

    Nevada Gold Mines to Open Enormous Opportunities for Stakeholders

    Nevada Gold Mines, the new joint venture between Barrick Gold Corporation (GOLD)(ABX.TO) (“Barrick”) and Newmont Goldcorp Corporation (NEM)(NGT.TO) (“Newmont Goldcorp”), is a classic case of the whole being more valuable than the sum of its parts, Barrick President and Chief Executive Officer Mark Bristow said today. At a presentation to local stakeholders, Bristow said the logic for combining the two companies’ Nevada assets has always been compelling, and now we are able to realize the potential by building on decades-long efforts to realize these synergies.

  • Barrick Gold Falls on 1st-Quarter Results
    GuruFocus.com11 days ago

    Barrick Gold Falls on 1st-Quarter Results

    Shares of Barrick Gold Corp. (GOLD) closed 1.18% lower at $12.57 on Wednesday after the mining company reported first-quarter 2019 results. Warning! GuruFocus has detected 5 Warning Signs with GOLD. Key operations performed well and were in line with Barrick's expectations.

  • Reuters12 days ago

    Acacia Mining hits back at parent Barrick in Tanzania row

    Acacia Mining on Thursday hit back at parent company Barrick Gold Corp's allegation the miner was an obstacle to solving a long-running tax row in Tanzania. Barrick CEO Mark Bristow said in a results presentation on Wednesday that Acacia was not cooperating, prompting Acacia to demand clarification from Barrick.

  • Reuters12 days ago

    Acacia seeks clarification on North Mara dispute, production jumps

    Acacia Mining Plc saw a surge in gold production in April thanks chiefly to a 54-percent rise in output from its disputed North Mara gold mine in Tanzania. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania and had cut output by a third after the government banned the export of mineral concentrates in 2017. The company in March introduced a revised mining plan for both the underground and open pit mines to address production problems at North Mara and said its successful implementation had put it on course to hit output targets of 500,000 ounces to 550,000 ounces in 2019.

  • Reuters12 days ago

    Acacia Mining April gold output surges, backs FY forecast

    Acacia Mining Plc said on Thursday it produced more gold in April as its North Mara gold mine in Tanzania saw higher output, and stood by its production outlook for the full year. Acacia, majority-owned by Barrick Gold, is embroiled in a long-running tax dispute with Tanzania. The company said gold production in April was 47,805 ounces, 37 percent higher than the monthly average during the first three months.

  • Barrick Gold Corporation (GOLD) Q1 2019 Earnings Call Transcript
    Motley Fool12 days ago

    Barrick Gold Corporation (GOLD) Q1 2019 Earnings Call Transcript

    GOLD earnings call for the period ending March 31, 2019.

  • Reuters12 days ago

    Barrick seeks early-stage projects as it sells $1.5 billion of low-growth mines

    Barrick Gold Corp, the world's second-largest gold producer, said on Wednesday it remained open to new investments, even as it plans to shed $1.5 billion of less productive mines. Fresh from two major deals in recent months, Barrick is seeking early-stage exploration projects, particularly in Canada, Chief Executive Officer Mark Bristow said in an interview. Barrick also announced quarterly adjusted earnings that beat expectations, although net income declined and its shares fell 1 percent.

  • Barrick CEO Expects to Raise $1.5 Billion Through Asset Sales
    Bloomberg12 days ago

    Barrick CEO Expects to Raise $1.5 Billion Through Asset Sales

    The gold sector has been anticipating a wave of asset sales in the wake of Barrick’s $5.4 billion acquisition of Randgold and a second mega-merger that created Newmont Goldcorp Corp. The newly combined giants were expected to put several unloved mines up for sale, leaving lots of room for maneuvering by company executives who have missed out on the dealmaking. “It’s not a fire-sale, it’s a considered process,” Bristow said in a separate interview with Bloomberg TV. The objective is for the sale process to be well advanced by mid-2020, Barrick said in its first-quarter earnings statement, its first results since its acquisition of Randgold was completed.

  • Bloomberg12 days ago

    ‘Crazy Premiums’ for Gold Assets Are Over, Says Mining CEO

    “You have an environment now where people are learning their lesson, which is don’t get in bidding wars and pay crazy premiums to acquire companies,” Johnson said in a telephone interview Wednesday. In the decade-long bull run that took prices of the precious metal to a record in 2011, companies bought assets in their rush to ramp up output to meet rising demand for the metal, accumulating debt to close those deals. Companies are rethinking their approach to deals as prices rebound from a low in 2015.

  • Reuters12 days ago

    Barrick seeks early-stage projects as it sells $1.5 bln of low-growth mines

    Barrick Gold Corp , the world's second-largest gold producer, said on Wednesday it remained open to new investments, even as it plans to shed $1.5 billion of less productive mines. Fresh from two major deals in recent months, Barrick is seeking early-stage exploration projects, particularly in Canada, Chief Executive Officer Mark Bristow said in an interview. Barrick also announced quarterly adjusted earnings that beat expectations, although net income declined and its shares fell 1 percent.