AllAnalyst Report
logoMorningstarMarch 18, 2024

Barrick Gold Corporation: Mined Commodities Are Essential to the Economy, but Moats Are Rare

Symbols
GOLD
Sector(s)
Basic Materials
Rating
Current Price
$17.09
Fair Value
Economic Moat
Stewardship
Summary

Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asi

Upgrade to begin using premium research reports and get so much more.

Exclusive reports, detailed company profiles, and best-in-class trade insights to take your portfolio to the next level
Upgrade