Barrick Gold Corporation (GOLD)
| Market Cap | 31.77B |
| Revenue (ttm) | 11.11B |
| Net Income (ttm) | 58.00M |
| Shares Out | 1.76B |
| EPS (ttm) | 0.03 |
| PE Ratio | 603.00 |
| Forward PE | 18.31 |
| Dividend | $0.40 (2.21%) |
| Ex-Dividend Date | Nov 29, 2023 |
| Volume | 11,350,816 |
| Open | 18.02 |
| Previous Close | 18.09 |
| Day's Range | 17.83 - 18.10 |
| 52-Week Range | 13.82 - 20.75 |
| Beta | 0.30 |
| Analysts | Buy |
| Price Target | 23.29 (+28.75%) |
| Earnings Date | Feb 14, 2024 |
About GOLD
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas, Asia, and Africa. Barrick Gold Corporation was founded... [Read more]
Full Company ProfileFinancial Performance
In 2022, Barrick Gold's revenue was $11.01 billion, a decrease of -8.11% compared to the previous year's $11.99 billion. Earnings were $432.00 million, a decrease of -78.64%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for GOLD stock is "Buy." The 12-month stock price forecast is $23.29, which is an increase of 28.75% from the latest price.
News
Passing of Gustavo Cisneros
TORONTO, Dec. 30, 2023 (GLOBE NEWSWIRE) -- It is with great sadness that the Board of Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) informs you of the passing of Gustavo Cisneros on December 29, 2023.
Recommissioning Starts as Porgera Prepares to Resume Operations in Q1 2024
All amounts expressed in US dollars TORONTO, Dec. 22, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Following the formal completion of the Porgera Project Commencement Agre...
This is a golden time to buy gold stocks
The expectation for peak interest rates and the eventual loosening of Federal Open Market Committee (FOMC) policy sent gold into a rally beginning in October. That rally was fueled by softening inflat...
Gold is still a 'safe haven asset' despite market uncertainties, says Barrick Gold CEO
Barrick Gold CEO Mark Bristow joins 'Money Movers' to discuss how influential the rate outlook is to gold's price, how gold moves higher despite a higher dollar, and more.
Barrick says Porgera gold mine set to restart production this month
(Kitco News) - Barrick Gold (NYSE:GOLD) (TSX:ABX) announced yesterday that the Porgera mine in Papua New Guinea (PNG) is set to resume operations later this month and is expected to start pouring gold...
Globally significant Goldrush gold mine in Nevada gets go-ahead - Barrick
(Kitco News) - Barrick Gold (TSX: ABX) (NYSE: GOLD), the world's second largest gold producer, announced today that the US Bureau of Land Management has issued a Record of Decision approving Nevada Go...
Goldrush Mine Gets Go-Ahead
All amounts expressed in US dollars ELKO, Nev., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The US Bureau of Land Management has issued a Record of Decision (“ROD...
Porgera Gold Mine Set to Restart Production This Month
All amounts expressed in US dollars TORONTO, Dec. 10, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) announced today that the Porgera mine in Papua New Guinea (PNG) is set to r...
Tanzania acknowledges Barrick Gold with employer of the year honors
(Kitco News) - Barrick Gold (NYSE: GOLD) (TSX: ABX), the world's second largest gold producer, announced today that the North Mara gold mine has been crowned Employer of the Year at the prestigious 20...
Barrick Named Tanzania's Employer of the Year
DAR ES SALAAM, Tanzania, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – The North Mara Gold Mine has been crowned Employer of the Year at the prestigious 2023 Assoc...
Barrick Gold backs consolidated standard for responsible mining
(Kitco News) - Barrick Gold (TSX: ABX) (NYSE: GOLD) said today it supports the consolidated standard for responsible mining being developed by the Copper Mark, Mining Association of Canada, ICMM and t...
Barrick Supports Consolidated Standard for Responsible Mining
TORONTO, Nov. 28, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The Copper Mark, Mining Association of Canada, ICMM and the World Gold Council today announced their intentio...
Barrick Gold announces additional investment in Hercules Silver
(Kitco News) - Barrick said it acquired the Hercules shares for investment purposes.
Hercules Silver jumps on investment from Barrick Gold
(Kitco News) - Barrick Gold (NYSE: GOLD) (TSX: ABX) announced today that it has agreed to subscribe for 21,265,370 units of Hercules Silver in a non-brokered private placement at a price of $1.10 per ...
Barrick Announces Investment in Hercules Silver
TORONTO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX)(“Barrick”) announced today that it has agreed to subscribe for 21,265,370 units (“Units”) of Hercules Silver Co...
Barrick reports 'strong' financial performance in Q3, expects 2023 gold production to fall marginally below guidance
(Kitco News) - Barrick Gold (NYSE: GOLD) (TSX: ABX) announced Thursday that the company produced 1,039 koz of gold in Q3 2023, which is an increase of 5% compared to Q3 2022 (988 koz) and an increase ...
Barrick Gold CEO Says Some Mining Costs Are Dropping
Barrick Gold President and CEO Mark Bristow explains the miner's third quarter results. Earnings beat estimates and the company says some mining costs are starting to drop.
Barrick Keeps Key Projects On Track and Delivers Another Quarter of Improved Production and Costs
Third Quarter 2023 Results All amounts expressed in US dollars LONDON, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick's Q3 results showed improved production...
Barrick Declares Q3 Dividend
All amounts expressed in US dollars TORONTO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the th...
Special mining lease paves the way for Porgera restart - Barrick Gold
(Kitco News) - Barrick Gold (NYSE: GOLD) (TSX: ABX), the world's second largest gold producer, announced today that New Porgera Limited (NPL) has been granted a special mining lease, clearing the way ...
Special Mining Lease Signals Porgera Restart
PORT MORESBY, Papua New Guinea, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD) (TSX:ABX) – Governor General Sir Bob Dabae today granted a special mining lease to New Porgera Li...
Barrick achieves gold production growth in Q3, but falls short of quarter projections
(Kitco News) - Barrick Gold (NYSE: GOLD) (TSX: ABX) announced Thursday that the company produced 1,039 koz of gold in Q3 2023, which is an increase of 5% compared to Q3 2022 (988 koz) and an increase ...
As Loulo-Gounkoto Sustains a Strong Performance, Barrick Hunts for New Discoveries in the Region
All amounts expressed in US dollars BAMAKO, Mali, Oct. 07, 2023 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – The Loulo-Gounkoto complex is set to maintain its status as one of t...
Kibali Drives Sustainable Value Creation Through Partnerships
The planned third-quarter ramp-up at Kibali, Africa's largest gold mine, has positioned it strongly to achieve its production guidance for the year.