Barrick Gold Corp Stock Today
| GOLD Stock | USD 16.52 0.17 1.02% |
Performance4 of 100
| Odds Of DistressLess than 8
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Barrick Gold is trading at 16.52 as of the 25th of April 2024, a -1.02 percent down since the beginning of the trading day. The stock's lowest day price was 16.36. Barrick Gold has only a 8 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Barrick Gold Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of May 2022 and ending today, the 25th of April 2024. Click here to learn more.
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 1.76 B outstanding shares of which 12.48 M shares are currently shorted by private and institutional investors with about 0.57 trading days to cover. More on Barrick Gold Corp
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Barrick Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Barrick Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Barrick Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Barrick Gold's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Barrick Gold's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| CEO | D Bristow | |||||||||||||||||||||||||
| Thematic Ideas | Showing 3 out of 6 themes | |||||||||||||||||||||||||
| Old Names | [Randgold Resources Ltd ADR, GoldMining Inc, The Gold Bond Group Ltd, PT Visi Telekomunikasi Infrastruktur Tbk, Golden Land Property Development Public Company Limited] | |||||||||||||||||||||||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, NYSE Composite, Philadelphia GoldSilver, ARCA Gold BUGS, Stlmt ID PHLX, NASDAQ Composite Total, Australia All Ordinaries, Copper, Plastics, Aluminum, Precious Metals, Gold and Gold Mining, Compulsion, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | |||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Barrick Gold report their recommendations after researching Barrick Gold's financial statements, talking to executives and customers, or listening in on Barrick Gold's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Barrick Gold Corp. The Barrick consensus assessment is calculated by taking the average forecast from all of the analysts covering Barrick Gold. | ||||||||||||||||||||||||||
| Financial Strength Based on the measurements of operating efficiency obtained from Barrick Gold's historical financial statements, Barrick Gold Corp is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Barrick Gold Corp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Barrick Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Barrick Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||
Financial leverage usually refers to 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.
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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 73 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 29.3 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 Gold Corp conducts business under Metals & Mining sector and is part of Materials industry. The entity has 1.76 B outstanding shares of which 12.48 M shares are currently shorted by private and institutional investors with about 0.57 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 AllocationBarrick Gold Corp retains a total of 1.76 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. Consequently, these institutions are subject to different rules and regulations than regular investors in Barrick Gold. Please watch out for any change in the institutional holdings of Barrick Gold Corp as this could mean something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Barrick Ownership Details
Barrick Stock Price Odds Analysis
What are Barrick Gold's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Barrick Gold jumping above the current price in 90 days from now is about 24.37%. The Barrick Gold Corp probability density function shows the probability of Barrick Gold stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.1805. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Barrick Gold will likely underperform. Additionally, barrick Gold Corp has an alpha of 0.0194, implying that it can generate a 0.0194 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Barrick Gold to move above the current price in 90 days from now is about 24.37 (This Barrick Gold Corp probability density function shows the probability of Barrick Stock to fall within a particular range of prices over 90 days) .
Barrick Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Barrick Gold that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Barrick Gold's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Barrick Gold's value.| Instituion | Recorded On | Shares | |
| Mackenzie Investments | 2023-12-31 | 18.8 M | |
| Capital Research & Mgmt Co - Division 3 | 2023-12-31 | 18.2 M | |
| Td Asset Management Inc | 2023-12-31 | 17.7 M | |
| Ameriprise Financial Inc | 2023-12-31 | 16.2 M | |
| Ninety One Uk Limited | 2023-12-31 | 16 M | |
| Fidelity International Ltd | 2023-12-31 | 14.8 M | |
| Amundi | 2023-12-31 | 14.4 M | |
| Bank Of Nova Scotia | 2023-12-31 | 13.7 M | |
| Cibc Global Asset Management Inc | 2023-12-31 | 13.2 M | |
| Wellington Management Company Llp | 2023-12-31 | 100.7 M | |
| Van Eck Associates Corporation | 2023-12-31 | 80.9 M |
Barrick Gold Historical Income Statement
Barrick Gold Corp Income Statement is one of the three primary financial statements used for reporting Barrick's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Barrick Gold Corp revenue and expense. Barrick Gold Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Barrick Gold's Net Income is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 2.5 B, whereas Gross Profit is forecasted to decline to about 2.4 B. View More FundamentalsBarrick Stock Against Markets
Picking the right benchmark for Barrick Gold stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Barrick Gold stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Barrick Gold is critical whether you are bullish or bearish towards Barrick Gold Corp at a given time. Please also check how Barrick Gold's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Barrick Gold without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Analyst AdviceAnalyst recommendations and target price estimates broken down by several categories |
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Barrick Gold Corporate Directors
Barrick Gold corporate directors refer to members of a Barrick Gold board of directors. The board of directors generally takes responsibility for the Barrick Gold's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Barrick Gold's board members must vote for the resolution. The Barrick Gold board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Karl Voltaire | Independent Non-Executive Director | Profile | |
| Safiatou BaNDaw | Independent Non-Executive Director | Profile | |
| Brett Harvey | Lead Independent Director | Profile | |
| Anthony Munk | Non-Independent Director | Profile |
How to buy Barrick Stock?
Before investing in Barrick Gold, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Barrick Gold. To buy Barrick Gold stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Barrick Gold. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Barrick Gold stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Barrick Gold Corp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Barrick Gold Corp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Barrick Gold Corp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Barrick Stock please use our How to Invest in Barrick Gold guide.
Already Invested in Barrick Gold Corp?
The danger of trading Barrick Gold Corp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Barrick Gold is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Barrick Gold. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Barrick Gold Corp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
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When running Barrick Gold's price analysis, check to measure Barrick Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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Is Barrick Gold's industry 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 0.538 | Dividend Share 0.4 | Earnings Share 0.72 | Revenue Per Share 6.494 | Quarterly Revenue Growth 0.103 |
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.