ABX - Barrick Gold Corporation

NYSE - NYSE Delayed Price. Currency in USD
10.50
-0.33 (-3.05%)
At close: 4:02PM EDT
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Previous Close10.83
Open10.79
Bid0.00 x 1200
Ask0.00 x 1400
Day's Range10.41 - 10.82
52 Week Range10.41 - 18.35
Volume13,799,286
Avg. Volume9,637,768
Market Cap12.284B
Beta-0.42
PE Ratio (TTM)13.36
EPS (TTM)0.79
Earnings DateN/A
Forward Dividend & Yield0.12 (0.89%)
Ex-Dividend Date2018-05-30
1y Target Est14.36
Trade prices are not sourced from all markets
  • GlobeNewswire9 hours ago

    Donlin Gold Project Receives Record of Decision and Major Federal Permits

    Barrick Gold Corporation (ABX) (ABX) and NOVAGOLD RESOURCES INC. (NG.TO) (NYSE American:NG) are pleased to announce that the U.S. Army Corps of Engineers (the Corps) and the U.S. Bureau of Land Management (BLM) have issued a single Federal Record of Decision (ROD) for the Donlin Gold project following completion of the federal National Environmental Policy Act process. Along with the ROD, the Corps issued a combined permit under Section 404 of the Clean Water Act and Section 10 of the Rivers and Harbors Act.

  • These Factors Could Support Goldcorp’s Production Growth Target
    Market Realist14 hours ago

    These Factors Could Support Goldcorp’s Production Growth Target

    Goldcorp (GG) has one of the strongest project pipelines in the industry. Goldcorp provided an update on the progress of these projects in its Q2 2018 earnings call. At Penasquito, the Pyrite Leach Project (or PLP) is 98.0% complete.

  • Will Goldcorp’s Production Growth Take Off after Q3?
    Market Realist16 hours ago

    Will Goldcorp’s Production Growth Take Off after Q3?

    Goldcorp (GG) produced 571,000 ounces of gold in Q2 2018, a decline of ~10.0% year-over-year (or YoY). On the other hand, its Cerro Negro and Eleonore mine ramp-up partially offset the decline from the above-mentioned factors. The company should see weak production growth in the third quarter as well, as it has modified the production plan for lower mill throughput and mill acreage.

  • Why Goldcorp’s Strong Long-Term Outlook Is Intact despite Weak Q2
    Market Realist17 hours ago

    Why Goldcorp’s Strong Long-Term Outlook Is Intact despite Weak Q2

    Goldcorp (GG) reported its Q2 2018 earnings on July 25, 2018, after the market closed and held its earnings conference call on July 26. It reported adjusted EPS of $0.02, which missed the consensus estimate by $0.05. Its revenues of $793 million missed the analyst estimate by ~9%. Lower production and foreign exchange currency costs were mainly responsible for the miss. The company reported that it lost $0.20 per share due to deferred tax balances. Goldcorp also missed analysts’ expectations for its Q1 2018 earnings.

  • Financial Times4 days ago

    [$$] Barrick rubbishes deal rumours

    , said Barrick was only interested in two kinds of mines: tier assets and strategic assets. Answer, does it qualify on these three measures [500,000 ounces, mine life more than 10 years, better half of cost curve]? Addressing Barrick’s current portfolio, Mr Thornton said it was also clear it owned assets that were neither tier one or strategic, highlighting Hemlo in Canada, Lagunas in Peru and KGCM, the biggest open gold mine in Australia as examples.

  • China Copper Partner for Barrick Gold Makes Sense, Thornton Says
    Bloomberg4 days ago

    China Copper Partner for Barrick Gold Makes Sense, Thornton Says

    John Thornton is taking a page from the late Peter Munk’s playbook in recognizing the value of copper in Barrick Gold Corp.’s portfolio. The world’s largest gold miner almost destroyed itself with a top-of-the-cycle foray into copper in 2011. Executive Chairman Thornton is considering copper-growth options once again, but this time with Chinese partners.

  • The Wall Street Journal8 days ago

    [$$] Goldman Banker Takes on World's Largest Gold Miner---and Gets Pushback

    John Thornton threw that rulebook out when he took over struggling Barrick Gold Corp., the world’s largest gold producer. The former Goldman Sachs Group Inc. president was an industry amateur, as were most of his top hires. Mr. Thornton, 64 years old, spends only two or three days a month at Barrick’s Toronto headquarters.

  • Kinross Gold’s Balance Sheet at the End of Q2 2018
    Market Realist8 days ago

    Kinross Gold’s Balance Sheet at the End of Q2 2018

    Kinross Gold’s (KGC) liquidity position at the end of the second quarter wasn’t much different than it was at the end of the first quarter. It ended the second quarter with cash and cash equivalents of $918.7 million. Investors should note that this liquidity position is more significant since the company doesn’t have any debt maturity until 2021.

  • What Led to Kinross Gold’s Higher Costs in the Second Quarter?
    Market Realist8 days ago

    What Led to Kinross Gold’s Higher Costs in the Second Quarter?

    Compared to its closest peers, Kinross Gold (KGC) has been a high-cost gold producer. Higher costs make its cash flows more leveraged against changes in revenue. As a result, Kinross is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM).

  • Thomson Reuters StreetEvents12 days ago

    Edited Transcript of ABX.TO earnings conference call or presentation 26-Jul-18 12:00pm GMT

    Q2 2018 Barrick Gold Corp Earnings Call

  • Barrick Gold Reports Negative Free Cash Flow in Q2 2018
    Market Realist13 days ago

    Barrick Gold Reports Negative Free Cash Flow in Q2 2018

    Free cash flow (or FCF) generation helps a business’s long-term prospects and helps generate shareholder value. Barrick Gold (ABX) has a strategy of value over volume, which prioritizes profitable production. The company defines value creation for shareholders in terms of FCF per share. Barrick Gold (ABX) generated FCF of -$172.0 million in the second quarter, which broke its streak of 12 consecutive quarters of positive FCF.

  • What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release?
    Market Realist14 days ago

    What Sent Yamana Gold’s Stock Up 10% after Its Earnings Release?

    Yamana Gold (AUY) released its Q2 2018 results after the market closed on July 26 and held a conference call the next day. Its EPS of $0.20 and revenue of $431.5 million were in line with market expectations. While its earnings didn’t surprise investors, the company’s production was higher than expected, boosting its stock by a whopping 10.1% on July 27.

  • Barrick Gold’s Balance Sheet Looks Strong after Q2 2018
    Market Realist14 days ago

    Barrick Gold’s Balance Sheet Looks Strong after Q2 2018

    When precious metal prices (GLD)(SLV) started sliding, stocks with high financial leverage such as Barrick Gold (ABX), Newmont Mining (NEM), and Kinross Gold (KGC) declined. Most of those assets were subsequently written off due to poor economics, infrastructure issues, and weaker precious metal prices. Barrick Gold has been focusing on reducing its debt.

  • Why Barrick Gold’s All-In Sustaining Costs Rose 21% YoY
    Market Realist14 days ago

    Why Barrick Gold’s All-In Sustaining Costs Rose 21% YoY

    Barrick Gold (ABX) reported AISC (all-in sustaining costs) of $856 per ounce and cost of sales of $882 per ounce in the second quarter. Its cost of sales reached 22.0%, and its AISC was 21.0% higher YoY (year-over-year). These costs were also higher than the company’s guidance ranges for the full year. However, some of these higher costs were anticipated by the company.

  • Barrick Gold’s Production Growth Profile Is Declining
    Market Realist14 days ago

    Barrick Gold’s Production Growth Profile Is Declining

    Production growth is a crucial variable for miners. Barrick Gold (ABX) produced ~1.07 million ounces of gold in the second quarter, which reflects a decline of ~25.0% YoY (year-over-year). Barrick Gold (ABX) has maintained its production guidance of 4.5 million–5.0 million ounces of gold in 2018.

  • No Respite for Barrick Gold after Its Q2 Earnings, Slides Further
    Market Realist14 days ago

    No Respite for Barrick Gold after Its Q2 Earnings, Slides Further

    Barrick Gold (ABX) reported its second-quarter earnings on July 25 after the market closed and held its conference call the next day. The company reported adjusted EPS of $0.07, which missed analysts’ expectations by $0.04. 

  • Benzinga15 days ago

    5 Reasons Why RBC Turned Cautious On Barrick Gold

    Canadian mining company Barrick Gold Corp (NYSE: ABX ) has succeeded in restructuring, decentralizing and strengthening its balance sheet, but now faces five new challenges, according to RBC Capital Markets.  ...

  • ACCESSWIRE15 days ago

    Investors Long This Unknown Mining Stock Could See a Near-Term 5-6x Return

    Southern Ecuador is home to some promising mineral reserves, but the region had been abandoned in early 2000's due to restrictive government oversight. With new legislators, the area is again open to foreign investment, and large companies are making substantial investments in well-explored deposits. One of the most promising mines, Fruta Del Norte, was sold for $1.2 billion, and now a similar concession just 40 km away is being explored by another junior miner, Lucky Minerals (LJ).

  • 10 Triple-F Stocks to Throw Away
    InvestorPlace18 days ago

    10 Triple-F Stocks to Throw Away

    Its recent earnings report surprised to the upside and it does have a great collection of classic brands. Toy sales are also declining due to the rise in computer and mobile gaming. Until this all shakes out, it’s best to avoid even the best of the old-school toy companies.

  • Barrick Gold Misses Q2 2018 Results on Lower Sales, Higher Costs
    Market Realist19 days ago

    Barrick Gold Misses Q2 2018 Results on Lower Sales, Higher Costs

    Barrick Gold (ABX) reported its Q2 2018 earnings yesterday after the market closed. The company reported adjusted EPS of $0.07, which missed analysts’ expectations by $0.04. Its revenues amounted to $1.71 billion, which missed expectations by 6.0%. The results stood in contrast to the company’s Q1 2018 earnings beat. The stock’s momentum in after-hours trading was weak after the miss.

  • Barrick Gold (ABX) Q2 Earnings Miss, Sales Beat Estimates
    Zacks19 days ago

    Barrick Gold (ABX) Q2 Earnings Miss, Sales Beat Estimates

    Scheduled maintenance shutdowns at the Pueblo Viejo and Nevada roaster autoclaves mar Barrick Gold's (ABX) production in Q2.

  • NEM Breaks Gold Miners’ Jinx with Earnings Beat in Second Quarter
    Market Realist19 days ago

    NEM Breaks Gold Miners’ Jinx with Earnings Beat in Second Quarter

    Newmont Mining (NEM) reported its Q2 2018 earnings on July 26 before the market opened. The company reported earnings per share (or EPS) of $0.26, which beat the consensus expectations by $0.02. Its revenues of $1.66 billion, however, missed expectations by 7%. The miner beat Q1 2018 estimates.

  • Goldcorp Misses Second-Quarter Earnings Estimates
    Market Realist19 days ago

    Goldcorp Misses Second-Quarter Earnings Estimates

    Goldcorp (GG) reported its Q2 2018 earnings on July 25 after the market closed. Goldcorp along with Barrick Gold (ABX), Agnico Eagle Mines (AEM), and New Gold (NGD) kickstarted the gold sector’s (GDX) earnings season yesterday. The company’s revenues and earnings came in below consensus expectations.

  • Agnico Eagle Mines Posts a Wide Earnings Miss in Q2 2018
    Market Realist19 days ago

    Agnico Eagle Mines Posts a Wide Earnings Miss in Q2 2018

    Agnico Eagle Mines (AEM) reported its second-quarter earnings on July 25 after the market closed. The company missed analysts’ consensus estimate of $0.08. Agnico Eagle Mines’ peers (GDX) including Barrick Gold (ABX), Goldcorp (GG), and New Gold’s (NGD) earnings missed the estimates in the second quarter. Agnico Eagle Mines’ revenues of $556 million were slightly ahead of the consensus expectations of $544 million.

  • GlobeNewswire19 days ago

    Barrick Reports Second Quarter 2018 Results

    All amounts expressed in U.S. dollars unless otherwise indicated. Barrick reported a net loss of $94 million, and adjusted net earnings 1 of $81 million for the second quarter. The Company reported second ...