ABX.TO - Barrick Gold Corporation

Toronto - Toronto Delayed Price. Currency in CAD
14.36
+0.84 (+6.21%)
As of 9:54AM EDT. Market open.
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Previous Close13.52
Open14.16
Bid14.36 x 0
Ask14.36 x 0
Day's Range14.04 - 14.45
52 Week Range12.54 - 21.03
Volume1,750,871
Avg. Volume2,494,831
Market Cap16.76B
Beta0.62
PE Ratio (TTM)N/A
EPS (TTM)-0.23
Earnings DateOct 24, 2018
Forward Dividend & Yield0.16 (1.19%)
Ex-Dividend Date2018-08-30
1y Target Est14.33
  • Canada's Barrick Gold to buy Randgold Resources in $18.3 billion deal
    Reuters14 minutes ago

    Canada's Barrick Gold to buy Randgold Resources in $18.3 billion deal

    Canada's Barrick Gold has agreed to buy Randgold Resources Ltd in a $18.3 billion share deal to create the world's largest gold company by value and output in an industry under investor pressure to put capital to good use. The new Barrick company, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be valued at $24 billion including debt. The deal marks the biggest transaction in years in the gold mining industry, where companies have come under fire from investors for poorly managing capital, forcing them to focus on costs while dampening enthusiasm for acquisitions.

  • TheStreet.com7 minutes ago

    Stocks Slide on Trade Worries, Oil Prices Jump

    Stocks fall on Monday, while oil prices surge to a four-month high.

  • Barrick Silences Its Biggest Critic by Buying Out Randgold
    Bloomberg33 minutes ago

    Barrick Silences Its Biggest Critic by Buying Out Randgold

    For more than two decades, Mark Bristow has been a thorn in the side of Barrick Gold Corp. Now he’s its closest partner. The 59-year-old South African will take the role of chief executive officer at Barrick after the Canadian company inked a $5.4 billion deal to buy out Randgold Resources Ltd. It’s a bigger stage for Bristow, known as an outsider for his sharp and frequent criticisms of the gold industry and a genius at running an African mine.

  • The Wall Street Journal38 minutes ago

    [$$] Barrick Gold May Need to Polish Up Its Offer for Randgold

    Panning for gold takes hours of inspection. and Randgold Resources is just as hard, particularly for investors in the latter. The two miners have concocted a nil-premium takeover of London-listed Randgold by Barrick of Canada to create the world’s biggest gold producer.

  • World stocks fall on reports China-US trade talks put off
    Associated Press2 hours ago

    World stocks fall on reports China-US trade talks put off

    Global stock markets were down on Monday after China reportedly rebuffed a plan for talks with the U.S. on resolving their dispute over trade and technology. Oil rose after OPEC decided against increasing its output further. Markets in Japan, South Korea, Shanghai and elsewhere in the region were closed for national holidays.

  • Barrick buys Randgold to create world's largest gold miner
    Associated Press2 hours ago

    Barrick buys Randgold to create world's largest gold miner

    LONDON (AP) — Barrick Gold has agreed to buy Randgold Resources for $6.1 billion in stock to create the world's largest gold miner, worth a combined $18 billion.

  • GlobeNewswire2 hours ago

    Barrick Announces Agreement with Shandong Gold for Cross Shareholding of up to $300 Million

    Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick” or the “Company”) today announced that it has entered into a mutual investment agreement with Shandong Gold Group Co., Ltd. (“Shandong Gold”), further strengthening Barrick’s partnership with one of China’s leading mining companies. Under the Agreement, Shandong Gold will purchase up to $300 million of Barrick shares, and Barrick will invest an equivalent amount in shares of Shandong Gold Mining Co., Ltd., a publicly listed company controlled by Shandong Gold. “This mutual investment is another reflection of the deepening partnership between our two companies,” said Barrick Executive Chairman John L. Thornton.

  • ACCESSWIRE2 hours ago

    Today's Research Reports on Trending Tickers: Barrick Gold and Kirkland Lake Gold

    NEW YORK, NY / ACCESSWIRE / September 24, 2018 / U.S. markets were mixed on Friday, with the Dow Jones managing to close at an all-time high despite a plunge in technology and internet stocks. The Dow Jones Industrial Average gained 0.32 percent to close at 26,743.50, while the S&P 500 Index declined 0.04 percent to close at 2,929.67. The Nasdaq Composite Index decreased 0.51 percent to close at 7,986.96.

  • Financial Times2 hours ago

    [$$] FirstFT: Today’s top stories 

    FT subscribers can  click here  to receive FirstFT every day by email. New tariffs on half of all Chinese exports to the US go into effect today and will trigger counter-tariffs by the Chinese government ...

  • CNBC2 hours ago

    Stocks making the biggest move premarket: CMCSA, FOXA, P, SIRI, ALXN & more

    Check out the companies making headlines before the bell: Comcast CMCSA – The NBCUniversal and CNBC parent won the bidding for British broadcaster Sky in a weekend auction, beat 21st Century Fox FOXA with a $38.

  • The Wall Street Journal3 hours ago

    [$$] Gold Giant Barrick Agrees to Buy Rival Randgold for $6 Billion

    Ltd. for $6 billion in an all-share merger that will solidify Barrick as the world’s largest gold company by production, with a dominant position in Africa. Barrick shareholders will own 67% of the combined company, and Randgold investors will own 33%, the companies said Monday. The deal will pair up two of the gold-mining industry’s biggest personalities: Barrick’s John Thornton, a former Goldman Sachs Group Inc. executive, and Mark Bristow, the chief executive of Randgold renowned for taking motorcycle trips through Africa.

  • TheStreet.com3 hours ago

    Oil Prices, Barrick Gold, Randgold, Comcast, Tiger Woods- 5 Things You Must Know

    U.S. stock futures fell on Monday, Sept. 24, and global stocks were mostly weaker, while oil prices surged to a four-month high as investors reacted to sharply worded attacks on Donald Trump's trade and energy policies from leaders of the world's second-largest economy and the biggest oil producing cartel. Iran's oil minister called the OPEC decision, which lifted Brent crude futures past $80 a barrel, "the biggest insult to Washington's allies in the Middle East." The minister suggested global producers were ready to deal with looming U.S. sanctions on the sale of Iranian crude.

  • Reuters3 hours ago

    PRESS DIGEST- Canada - Sept. 24

    The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Women's health advocates are urging ...

  • Reuters4 hours ago

    Canada's Barrick Gold to buy Randgold Resources in $18.3 billion deal

    Canada's Barrick Gold has agreed to buy Randgold Resources Ltd in a $18.3 billion share deal to create the world's largest gold company by value and output in an industry under investor pressure to put capital to good use. The new Barrick company, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be valued at $24 billion including debt. The deal marks the biggest transaction in years in the gold mining industry, where companies have come under fire from investors for poorly managing capital, forcing them to focus on costs while dampening enthusiasm for acquisitions.

  • The Wall Street Journal4 hours ago

    [$$] European Equities Market Talk Roundup

    0953 GMT - Anglo Pacific looks set to make more royalty acquisitions before year-end after recently acquiring a stake in Labrador Iron Ore Royalty, Peel Hunt says. The brokerage expects a small net debt of GBP7 million at the end of 2018 after increasing its loans. Labrador’s 3Q dividend of C$0.55 a share was slightly ahead of Peel Hunt’s C$0.50 estimate and the consensus forecast, suggesting Anglo may see more near-term cash from Labrador than expected, the brokerage says.

  • TheStreet.com4 hours ago

    Barrick Acquires Randgold in $18.3B Deal to Create World's Biggest Gold Miner

    Toronto-based Barrick will own around two-thirds of the combined group, the companies said in a statement Monday, with Randgold's Mark Bristow serving as CEO and Barrick's John Thorton keeping his role as executive chairman. "The Boards of Barrick and Randgold believe that the Merger will create an industry-leading gold company with the greatest concentration of Tier One Gold Assets in the industry, the lowest total cash cost position among senior gold peers," the companies said. Barrick shares were marked 3.9% higher at $10.88, a move which would trim its year-to-date decline to around 23%.

  • Reuters4 hours ago

    Canada's Barrick Gold to buy Randgold Resources in $18.3 billion deal

    Canada's Barrick Gold (ABX.TO) has agreed to buy Randgold Resources Ltd (RRS.L) in a $18.3 billion share deal to create the world's largest gold company by value and output in an industry under investor pressure to put capital to good use. The new Barrick company, which will be listed in New York and Toronto, will own five of the world's 10 lowest cost gold mines and will be valued at $24 billion including debt. The deal marks the biggest transaction in years in the gold mining industry, where companies have come under fire from investors for poorly managing capital, forcing them to focus on costs while dampening enthusiasm for acquisitions.

  • The Wall Street Journal8 hours ago

    [$$] Randgold, Barrick Gold Confirm $18Bln Merger

    Corp. (ABX.T) have agreed to an all-share merger that will create an $18.3 billion gold-mining giant. Barrick shareholders will own around 66.6% of the combined business on completion, with Randgold shareholders holding the remaining 33.4%, the companies said.

  • Financial Times8 hours ago

    [$$] Barrick Gold agrees $6bn deal to buy rival Randgold Resources

    The all-stock deal will create the world’s biggest gold miner with a $18bn market capitalisation, which will manage some of the most profitable operations in the US and Africa. It will also bring together two of the biggest personalities in gold mining: John Thornton, the former president of Goldman Sachs who has run Barrick since 2014, and Mark Bristow, a pugnacious South African who founded Randgold in 1995.

  • GlobeNewswire8 hours ago

    Barrick and Randgold Combine to Create Industry-Leading Gold Investment Vehicle

    All amounts expressed in U.S. dollars unless otherwise indicated. TORONTO, Sept. 24, 2018-- Barrick Gold Corporation today announced that it has reached agreement on the terms of a recommended share-for-share ...

  • Barrick Gold Agrees to Buy Rival Randgold in All-Share Deal
    Bloomberg8 hours ago

    Barrick Gold Agrees to Buy Rival Randgold in All-Share Deal

    Barrick Gold Corp. agreed to buy Africa-focused rival Randgold Ltd. in an all-share deal, creating a gold mining company with a combined market value of about $18 billion.

  • Barrick to Buy Randgold to Expand World's Largest Gold Miner
    Bloomberg8 hours ago

    Barrick to Buy Randgold to Expand World's Largest Gold Miner

    Canada’s Barrick Gold Corp. agreed to buy Randgold Resources Ltd. for about $5.4 billion, creating a gold mining behemoth with a focus on Africa. The company’s shares have about halved from a February 2017 peak. The transaction also offers a reset for Randgold, which has languished this year after previously outperforming its gold-mining peers.

  • Reuters8 hours ago

    Randgold Resources agrees merger terms with Canada's Barrick Gold

    Randgold Resources Ltd said on Monday it agreed to the terms of a recommended share-for-share merger with Canada's Barrick Gold Corp. Under the terms of the merger, each Randgold shareholder will receive ...

  • Barrick Needs Randgold to Make the Grade
    Bloomberg8 hours ago

    Barrick Needs Randgold to Make the Grade

    Gold miners have been struggling for decades against geological destiny. The grade of metal in the world’s gold reserves has been declining for years, from average levels above 10 grams a metric ton in the late 1960s to almost one tenth of that now. From levels of 1.42 grams a ton a decade ago, the average reserve grade of the top five gold miners – Barrick Gold Corp., Newmont Mining Corp., Anglogold Ashanti Holdings Plc, Goldcorp Inc., and Newcrest Mining Ltd. – has fallen to 1.12 grams in 2017, having touched a low of 1.04 five years earlier.

  • Barrick, Randgold Said in Merger Talks
    Bloomberg11 hours ago

    Barrick, Randgold Said in Merger Talks

    The world's largest gold producer may be considering a merger to protect its position. Sources are telling Bloomberg that Barrick Gold is in advanced negotiations to merge operations with African rival ...