|Bid||26.33 x 1000|
|Ask||26.46 x 1200|
|Day's Range||26.27 - 26.95|
|52 Week Range||12.65 - 28.50|
|Beta (5Y Monthly)||0.33|
|PE Ratio (TTM)||10.90|
|Forward Dividend & Yield||0.28 (1.07%)|
|Ex-Dividend Date||May 28, 2020|
|1y Target Est||30.24|
Barrick Gold (GOLD) closed the most recent trading day at $26.81, moving -0.48% from the previous trading session.
Nevada Gold Mines (NGM), established a year ago today, has posted an exceptional performance in its first 12 months of operation, delivering real value to all its stakeholders, says Mark Bristow, president and chief executive of Barrick Gold Corporation (GOLD) (ABX.TO). Barrick operates NGM, the world’s largest gold mining complex, and owns 61.5% of the business, with Newmont Corporation holding the rest.
The purpose of new Barrick (GOLD) JV is to conduct exploration activities on the JV permit properties held by Adumbi Mining for evaluating possible development and mining opportunities.
The Zacks Analyst Blog Highlights: AngloGold Ashanti, Barrick Gold, Harmony Gold Mining Company, Galiano Gold and Agnico Eagle Mines
Gold has long been regarded as a safe haven in times of market turmoil. Many investors have gained exposure to the precious metal by buying stocks of companies engaged in exploration and mining. Some of the major players in the gold industry include mining companies Franco Nevada Corp.
Big gold stocks (ABX) and (NEM)Corp. have been on a tear in 2020, racking up gains approaching 40%. Citigroup raised its price targets on both stocks, but argues that only one is a Buy. Analyst Alexander Hacking boosted his target on Barrick Gold (ticker: GOLD) to $27, from $19, and his target on Newmont (NEM) to $74 from $70.
Scotts Miracle-Gro's (SMG) 1868 Ventures will focus on early and growth stage companies that have demonstrated traction in the market and are generating revenues.
We have handpicked five gold mining stocks that have solid earnings growth estimates for 2020.
The Zacks Analyst Blog Highlights: AngloGold, Barrick Gold, Harmony Gold and Galiano Gold
Loncor Resources Inc. ("Loncor" or the "Company") (TSX: "LN"; OTCQB: "LONCF") announces that its 76.29%-owned subsidiary, Adumbi Mining SARL (“Adumbi Mining”), has entered into a joint venture agreement (the "New Barrick JV") with Barrick Gold (DRC) Limited for two exploitation permits held by Adumbi Mining (the “JV Permits”) covering ground contiguous to the Company’s Imva area within the Ngayu gold belt in the northeast of the Democratic Republic of the Congo (“DRC”). The purpose of the New Barrick JV is to conduct exploration on the JV Permit properties to evaluate possible development and mining of such properties.
Barrick Gold Corp will lay off most staff at its Porgera gold mine in Papua New Guinea, the mine's operator said on Wednesday, a signal that an impasse with the government over ownership is unlikely to be resolved swiftly. Canada's Barrick, the world's second-biggest gold miner, was refused an extension of its expired lease on the mine in April, with the government citing unrest and pollution concerns. "The government had repeatedly refused to enter into meaningful discussions about the issue," Barrick Niugini Ltd, which operates the mine as a joint venture between Barrick and China's Zijin Mining Group Ltd, said in a statement.
Gold, the commodity, looks set for a multiyear closing high on Monday. J.P. Morgan’s Dominic O’Kane says global central bank liquidity injections, and a weaker U.S. dollar are two reasons to be bullish.
Shandong Gold Mining Co , one of China's biggest gold producers, said on Thursday it would buy Ghana-focused miner Cardinal Resources Ltd for around A$321 million ($221 million) in cash. Shandong Gold, which in April agreed to splash out C$230 million ($170 million) on Canada's TMAC Resources, said in a filing to the Shanghai Stock Exchange it had signed an agreement with Australia-listed Cardinal to pay A$0.60 per share and would acquire all the target's equity for AS$309 million. Its website says it is focused on the Namdini gold deposit in Ghana, which has 5.1 million ounces of proved and probable ore reserves, and has other exploration projects in the West African country.
Mining companies in Zambia, Africa's No.2 copper producer, have suffered a 30% drop in revenue over the three months to April due to the COVID-19 pandemic and the fallout could last for at least 12 months, the Chamber of Mines said on Thursday. Severe global restrictions on movement have hit mining supply chains and hindered the export and sale of copper, the mining industry association said, hurting company revenues and government coffers. The metal is Zambia's main foreign exchange earner and a key driver of tax revenues.
The Zacks Analyst Blog Highlights: Agnico Eagle Mines, AngloGold Ashanti, Alamos Gold, B2Gold and Barrick Gold
Vancouver, British Columbia--(Newsfile Corp. - June 17, 2020) - Precipitate Gold Corp. (TSXV: PRG) (OTC Pink: PREIF) (the "Company" or "Precipitate") is pleased to announce commencement of exploration and field work by Barrick Gold Corp. (NYSE: GOLD) (TSX: ABX) ("Barrick") at the Company's 100% owned Pueblo Grande Project located immediately adjacent to Barrick's world-class Pueblo Viejo gold-silver mine in the Dominican Republic.Barrick advises it has commenced review and validation of the extensive database of ...
Three employees of Acacia Mining, a former Barrick Gold unit, have been released from jail in Tanzania after paying 1.5 billion Tanzanian shillings ($649,632) in compensation for tax evasion, a prosecutor told Reuters on Wednesday. Deodatus Mwanyika, Alex Lugendo, and Assa Mwaipopo had been imprisoned since October 2018 when Tanzanian authorities charged three of Acacia's local subsidiaries with dozens of offences including money laundering and tax evasion.