Barrick Gold Corp Stock Today

GOLD Stock  USD 17.49  0.08  0.46%   

Performance

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Odds Of Distress

Less than 8

 
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Barrick Gold is trading at 17.49 as of the 30th of November 2024, a 0.46% down since the beginning of the trading day. The stock's lowest day price was 17.45. Barrick Gold has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Note, on June 14, 2024, Senator Tommy Tuberville of US Senate acquired $100k to $250k worth of Barrick Gold Corp's common stock.
Business Domain
Materials
IPO Date
4th of February 1985
Category
Basic Materials
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 is traded on New York Stock Exchange in the United States. The company has 1.75 B outstanding shares of which 17.88 M shares are currently shorted by private and institutional investors with about 0.63 trading days to cover. More on Barrick Gold Corp

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Barrick Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOD Bristow
Thematic Ideas
Showing 3 out of 6 themes
Old Names[Randgold Resources Ltd ADR, GoldMining Inc, PT Visi Telekomunikasi Infrastruktur Tbk, Golden Land Property Development Public Company Limited]
Business ConcentrationMetals & Mining, Materials, Basic Materials, NYSE Composite, ARCA Gold BUGS, Australia All Ordinaries, Philadelphia GoldSilver, Stlmt ID PHLX, NASDAQ Composite Total, Plastics, Copper, Aluminum, Gold and Gold Mining, Precious Metals, Compulsion, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.330.2488
Significantly Up
Slightly volatile
Gross Profit Margin0.470.304
Way Up
Slightly volatile
Debt Levels
Barrick Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Barrick Gold's financial leverage. It provides some insight into what part of Barrick Gold's total assets is financed by creditors.
Liquidity
Barrick Gold Corp currently holds 5.22 B in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. Barrick Gold Corp has a current ratio of 3.68, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Barrick Gold's use of debt, we should always consider it together with its cash and equity.

Change In Cash

(277.4 Million)
Barrick Gold Corp (GOLD) is traded on New York Stock Exchange in USA. It is located in Brookfield Place, TD Canada Trust Tower, Toronto, ON, Canada, M5J 2S1 and employs 34 people. Barrick Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 30.57 B. Barrick Gold Corp conducts business under Metals & Mining sector and is part of Materials industry. The entity has 1.75 B outstanding shares of which 17.88 M shares are currently shorted by private and institutional investors with about 0.63 trading days to cover. Barrick Gold Corp currently holds about 5.24 B in cash with 3.73 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.97.
Check Barrick Gold Probability Of Bankruptcy
Ownership Allocation
Barrick Gold holds a total of 1.75 Billion outstanding shares. Over half of Barrick Gold's outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to as corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. On June 14, 2024, Senator Tommy Tuberville of US Senate acquired $100k to $250k worth of Barrick Gold Corp's common stock.
Check Barrick Ownership Details

Barrick Stock Institutional Holders

InstituionRecorded OnShares
Bank Of Montreal2024-06-30
17.1 M
Bmo Capital Markets Corp.2024-06-30
17.1 M
Edgepoint Investment Group, Inc.2024-09-30
16.7 M
Amvescap Plc.2024-06-30
16.7 M
Ninety One Uk Limited2024-09-30
16.3 M
Cibc World Markets Inc.2024-06-30
15.3 M
Mackenzie Investments2024-09-30
15 M
Capital Research & Mgmt Co - Division 32024-09-30
14.1 M
Cibc Global Asset Management Inc2024-09-30
13.9 M
Van Eck Associates Corporation2024-06-30
77.4 M
Vanguard Group Inc2024-09-30
67.2 M
View Barrick Gold Diagnostics

Barrick Gold Historical Income Statement

At present, Barrick Gold's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Total Operating Expenses is expected to grow to about 3.6 B, whereas Gross Profit is forecasted to decline to about 2.4 B. View More Fundamentals

Barrick Stock Against Markets

Barrick Gold Corporate Directors

Loreto SilvaIndependent DirectorProfile
Gustavo CisnerosIndependent DirectorProfile
Brian GreenspunIndependent DirectorProfile
Andrew QuinnIndependent Non-Executive DirectorProfile
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out Risk vs Return Analysis 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 bureau of economic analysis.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Gold. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.315
Dividend Share
0.4
Earnings Share
0.92
Revenue Per Share
7.032
Quarterly Revenue Growth
0.177
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.