Barrick Gold Corp Stock Analysis
| ABX Stock | CAD 25.66 0.09 0.35% |
Barrick Gold Corp is fairly valued with Real Value of 24.95 and Hype Value of 25.71. The main objective of Barrick Gold stock analysis is to determine its intrinsic value, which is an estimate of what Barrick Gold Corp is worth, separate from its market price. There are two main types of Barrick Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Barrick Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Barrick Gold's stock to identify patterns and trends that may indicate its future price movements.
The Barrick Gold stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. Barrick Gold is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday. Barrick Stock trading window is adjusted to America/Toronto timezone.
Barrick |
Barrick Stock Analysis Notes
About 62.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.27. Some equities with similar Price to Book (P/B) outperform the market in the long run. Barrick Gold Corp last dividend was issued on the 28th of February 2025. The entity had 2:1 split on the 16th of February 1993. Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. BARRICK GOLD operates under Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange. For more info on Barrick Gold Corp please contact Mark Bristow at 416 861 9911 or go to https://www.barrick.com.Barrick Gold Corp Investment Alerts
| About 62.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Barrick Gold signs agreement with Mali to end mining dispute - Reuters - Seeking Alpha |
Barrick Largest EPS Surprises
Earnings surprises can significantly impact Barrick Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-02-13 | 2018-12-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2016-04-26 | 2016-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2016-02-17 | 2015-12-31 | 0.07 | 0.08 | 0.01 | 14 |
Barrick Market Capitalization
The company currently falls under 'Large-Cap' category with a current market capitalization of 44.32 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Barrick Gold's market, we take the total number of its shares issued and multiply it by Barrick Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Barrick Profitablity
Barrick Gold's profitability indicators refer to fundamental financial ratios that showcase Barrick Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Barrick Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Barrick Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Barrick Gold's profitability requires more research than a typical breakdown of Barrick Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.17 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.57 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.57. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.05 | 0.05 | |
| Return On Capital Employed | 0.05 | 0.07 | |
| Return On Assets | 0.05 | 0.05 | |
| Return On Equity | 0.09 | 0.09 |
Management Efficiency
Barrick Gold Corp has return on total asset (ROA) of 0.0637 % which means that it generated a profit of $0.0637 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0946 %, meaning that it generated $0.0946 on every $100 dollars invested by stockholders. Barrick Gold's management efficiency ratios could be used to measure how well Barrick Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of March 2025, Return On Tangible Assets is likely to grow to 0.05. Also, Return On Capital Employed is likely to grow to 0.07. At this time, Barrick Gold's Return On Tangible Assets are very stable compared to the past year. As of the 1st of March 2025, Debt To Assets is likely to grow to 0.15, while Total Assets are likely to drop about 25 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 18.99 | 9.82 | |
| Tangible Book Value Per Share | 17.19 | 18.05 | |
| Enterprise Value Over EBITDA | 4.04 | 3.16 | |
| Price Book Value Ratio | 1.12 | 1.35 | |
| Enterprise Value Multiple | 4.04 | 3.16 | |
| Price Fair Value | 1.12 | 1.35 | |
| Enterprise Value | 14.5 B | 9 B |
Leadership effectiveness at Barrick Gold Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Technical Drivers
As of the 1st of March, Barrick Gold shows the Mean Deviation of 1.47, downside deviation of 1.75, and Risk Adjusted Performance of 0.0393. Barrick Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.Barrick Gold Corp Price Movement Analysis
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Barrick Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Barrick Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Barrick Gold Outstanding Bonds
Barrick Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Barrick Gold Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Barrick bonds can be classified according to their maturity, which is the date when Barrick Gold Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Barrick Gold Predictive Daily Indicators
Barrick Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Barrick Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Barrick Gold Forecast Models
Barrick Gold's time-series forecasting models are one of many Barrick Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Barrick Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Barrick Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Barrick Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Barrick shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Barrick Gold. By using and applying Barrick Stock analysis, traders can create a robust methodology for identifying Barrick entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.36 | 0.37 | |
| Operating Profit Margin | 0.19 | 0.23 | |
| Net Profit Margin | 0.17 | 0.10 | |
| Gross Profit Margin | 0.38 | 0.47 |
Be your own money manager
As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Barrick Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.