ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
13.68
+0.31 (+2.32%)
At close: 4:02PM EST

13.75 +0.07 (0.51%)
Pre-Market: 5:09AM EST

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Previous Close13.37
Open13.61
Bid13.73 x 38500
Ask13.76 x 1100
Day's Range13.48 - 13.80
52 Week Range9.53 - 15.52
Volume20,303,790
Avg. Volume18,212,489
Market Cap15.949B
Beta (3Y Monthly)-1.73
PE Ratio (TTM)N/A
EPS (TTM)-0.57
Earnings DateN/A
Forward Dividend & Yield0.12 (0.92%)
Ex-Dividend Date2018-11-29
1y Target Est13.95
Trade prices are not sourced from all markets
  • The Wall Street Journal3 days ago

    [$$] Barrick Gold Retreats From Digital Reinvention

    Barrick Gold Corp., the world’s largest gold miner, is selling a research-and-development company it owns and is cutting staff hired to lead what executives had called a digital reinvention, championed by Executive Chairman John Thornton, people familiar with the matter said. The move comes shortly after the company agreed to buy Randgold Resources Ltd. for $6 billion in an all-share merger—a move that would solidify Barrick as the world’s largest gold producer by output. One of the first assets to go on the block is Barrick-owned AuTec Innovative Extractive Solutions Ltd., a Vancouver-based company that specializes in testing mineral samples and processing, people familiar with the matter said.

  • Barrick Gold to sell assets, reduce head-office management: WSJ
    Reuters4 days ago

    Barrick Gold to sell assets, reduce head-office management: WSJ

    (Reuters) - Barrick Gold Corp will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The gold miner expects to close its Randgold Resources Ltd purchase Jan. 1, and incoming CEO Mark Bristow has said he plans to sell a variety of noncore core assets, cut costs and shrink head-office management to help delegate more authority to regional mining operations, according to the WSJ report. ...

  • Reuters4 days ago

    Barrick Gold to sell assets, reduce head-office management - WSJ

    Barrick Gold Corp will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The gold miner ...

  • How Gold Stocks Have Performed This Year
    Market Realist10 days ago

    How Gold Stocks Have Performed This Year

    MORRIS: That’s interesting. Well, now let’s move on to the companies. I’ve heard you say a number of times that you think the industry is in great shape, they’ve contained their cost. The companies are in great shape. Can you tell us a little bit more about your view of the companies’ position right now financially?

  • How Gold Mining Exposure Can Hedge Your Portfolio
    Market Realist10 days ago

    How Gold Mining Exposure Can Hedge Your Portfolio

    Is Gold Positioned for a Bullish Turn as We Enter 2019? FOSTER: We’re at the point in the cycle I think investors should think of some defensive measures. MORRIS: One other thing I wanted to talk to you about today, is that there’s been some recent merger activity, and I remember hearing that you’d actually looked at the recent developments as pretty positive overall, for the industry, and could be another positive catalyst for gold miners.

  • Reuters10 days ago

    Mining industry leadership set for changing of the guard

    Titans of the mining industry who have led the industry through myriad storms for decades are set to retire over the next few years, a once-in-a-generation turnover that has sparked a search for fresh talent with far different skills than current executives. Ivan Glasenberg, chief executive of mining giant Glencore Plc since 2002, said last month he would retire over the next three to five years, sparking speculation about which of his industry peers could be next to go. The CEOs of Freeport McMoRan Inc, Teck Resources Ltd , Agnico Eagle Mines Ltd and Southern Copper Corp have been in their roles for more than 10 years, eclipsing the industry average of seven years.

  • What Are Gold Miners’ Technical Indicators Telling Us?
    Market Realist10 days ago

    What Are Gold Miners’ Technical Indicators Telling Us?

    Which Gold Miners Have Shown Upside Potential since Q3? In this article, we’ll take a look at senior gold miners’ technical indicators. Moving averages help traders and investors make market entry or exit decisions.

  • What Are Analysts’ Estimates for Gold Miners’ Future Earnings?
    Market Realist10 days ago

    What Are Analysts’ Estimates for Gold Miners’ Future Earnings?

    Now that we’ve considered analysts’ revenue estimates for the senior gold miners under review (GDX) in this series, let’s take a look at analysts’ EBITDA estimates.

  • What Factors Are Affecting Revenue Forecasts for Gold Miners?
    Market Realist10 days ago

    What Factors Are Affecting Revenue Forecasts for Gold Miners?

    In the previous article, we looked at analysts’ ratings for senior gold mining companies. In this article, we’ll look at analysts’ estimates for those companies’ (GDX) (JNUG) revenues going forward.

  • GuruFocus.com11 days ago

    Barrick Gold Corp Goes Ex-Dividend

    The miner will pay 3 cents per share on Dec. 17

  • Which Gold Miners Do Analysts Love after Q3 2018 and Why?
    Market Realist11 days ago

    Which Gold Miners Do Analysts Love after Q3 2018 and Why?

    Which Gold Miners Have Shown Upside Potential since Q3? Among the senior gold miners under our review (GDX) (GDXJ), analysts are most optimistic about Goldcorp (GG). A year ago, only 40% of analysts had “buy” ratings on the stock.

  • Which Gold Miners Show Free Cash Flow Upside?
    Market Realist11 days ago

    Which Gold Miners Show Free Cash Flow Upside?

    FCF (free cash flow) generation is important for gold mining companies (SGDM) (GDX), as this excess cash helps miners optimize their financial leverages, invest in projects that can drive long-term value, and provide shareholder returns.

  • Which Gold Miners Can Easily Repay Their Debts?
    Market Realist11 days ago

    Which Gold Miners Can Easily Repay Their Debts?

    One of the ratios by which we can gauge a mining company’s debt-repayment capacity is the net debt-to-forward-EBITDA ratio, which indicates the number of years it would take for a company to repay its debt.

  • TheStreet.com12 days ago

    Here's Why Investors Should Still Pay Attention to Gold Miners: Chart

    U.S. markets are staging a long-awaited rebound this week, bouncing higher for a third straight session Wednesday after a particularly nasty short Thanksgiving trading week. That might pull investors' attention back away from conventionally defensive assets like gold.

  • Do Gold Miners’ Liquidity Profiles Look Comfortable?
    Market Realist12 days ago

    Do Gold Miners’ Liquidity Profiles Look Comfortable?

    Which Gold Miners Have Shown Upside Potential since Q3? One way to assess a company’s liquidity is to calculate its current ratio. Newmont Mining (NEM) is doing the best on this front with a ratio exceeding 4.0x.

  • Checking Up on Gold Miners’ Financial Health after Q3
    Market Realist12 days ago

    Checking Up on Gold Miners’ Financial Health after Q3

    Which Gold Miners Have Shown Upside Potential since Q3? As precious metals prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. Newmont Mining’s (NEM) net debt at the end of the third quarter was ~$1.1 billion compared to $1.9 billion at the end of 2016.

  • Gold Investors Target Executives With Less Skin in the Game
    Bloomberg13 days ago

    Gold Investors Target Executives With Less Skin in the Game

    Businesses tend to perform better when top managers have a high ownership-to-pay ratio, according to the inaugural report of the newly launched Shareholders’ Gold Council, which tracked 17 gold companies. “You have a much bigger ownership in those stocks that have performed above the median and the gold price in the last five years,” Christian Godin, who heads the Shareholders’ Gold Council, said in a telephone interview. The report compared stock ownership by chairmen and women and chief executive officers with five-year compensation, and then compared that ratio to shareholder returns.

  • What Did It Cost Gold Miners to Dig Out an Ounce of Gold?
    Market Realist13 days ago

    What Did It Cost Gold Miners to Dig Out an Ounce of Gold?

    Which Gold Miners Have Shown Upside Potential since Q3? AISC (all-in sustaining costs) is an encompassing measure that helps us compare gold miners’ performances. Barrick Gold (ABX) reported AISC of $785 per ounce and a cost of sales of $850 per ounce in the third quarter.

  • Reuters13 days ago

    La Mancha plans to expand its African footprint, buy Barrick gold mines

    La Mancha Group plans to buy more underground gold mines in Africa and is ready to snap up mines that Barrick Gold (ABX.TO) and Randgold Resources (RRS.L) will sell after their merger, its billionaire chairman Naguib Sawiris said on Tuesday. La Mancha is a private gold company with investments in Toronto-listed Endeavour Mining (EDV.TO), Australia's Evolution Mining (EVN.AX) and in August bought a 30 percent stake in Ghana-focused Golden Star Resources (GSC.TO). Golden Star will look for assets in east Africa and mainly Sudan, Sawiris said.

  • Reuters13 days ago

    La Mancha plans to expand its African footprint, buy Barrick gold mines

    La Mancha Group plans to buy more underground gold mines in Africa and is ready to snap up mines that Barrick Gold and Randgold Resources will sell after their merger, its billionaire chairman Naguib Sawiris said on Tuesday. La Mancha is a private gold company with investments in Toronto-listed Endeavour Mining, Australia's Evolution Mining and in August bought a 30 percent stake in Ghana-focused Golden Star Resources. Golden Star will look for assets in east Africa and mainly Sudan, Sawiris said.

  • Which Gold Miners Can Increase Production through Pipelines?
    Market Realist13 days ago

    Which Gold Miners Can Increase Production through Pipelines?

    Which Gold Miners Have Shown Upside Potential since Q3? After making discretionary cuts on exploration and capex for many years, gold miners (GDX) (JNUG) have started to refocus on production growth. Newmont Mining (NEM) has approved eight projects since mid-2014.

  • Gold Miners’ Production Profiles Are Declining—What Does It Mean?
    Market Realist13 days ago

    Gold Miners’ Production Profiles Are Declining—What Does It Mean?

    Which Gold Miners Have Shown Upside Potential since Q3? Goldcorp (GG) produced 503,000 ounces of gold during the third quarter, a fall of ~20.5% YoY (year-over-year). Barrick Gold (ABX) produced ~1.15 million ounces of gold in the third quarter, a fall of ~7.0% YoY.

  • Financial Times13 days ago

    [$$] Egyptian billionaire Sawiris to look at Barrick’s African gold mines after Randgold merger

    Speaking at the Mines and Money conference in London, Mr Sawiris said he wanted to use Ghana-based gold miner Golden Star, in which he bought a 30 per cent stake in August, as a vehicle to acquire underground gold mines, mainly in east Africa. Mr Sawiris said he was looking for deposits that could produce between 150,000 to 250,000 ounces of gold a year for a minimum of ten years mine.

  • Which Gold Miners Have Shown Upside Potential since Q3?
    Market Realist14 days ago

    Which Gold Miners Have Shown Upside Potential since Q3?

    Gold prices (GLD) saw their first monthly gain in the last seven months in October, when prices rose 2.1%. The gain was preceded by gold’s longest monthly losing streak since January 1997. 

  • How Might Kinross Gold’s Balance Sheet Support Its Future Growth?
    Market Realist14 days ago

    How Might Kinross Gold’s Balance Sheet Support Its Future Growth?

    Kinross Gold’s (KGC) liquidity position at the end of the third quarter was reflected its strategic investments. The company had cash and cash equivalents of $500 million in the third quarter compared to $918.7 million at the end of the second quarter. This liquidity position is significant given that the company doesn’t have any debt maturity until 2021.