Barrick Gold Corp Stock Performance
| GOLD Stock | USD 16.46 0.09 0.54% |
Barrick Gold has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 1.31, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Barrick Gold will likely underperform. Barrick Gold Corp right now shows a risk of 1.95%. Please confirm Barrick Gold Corp expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Barrick Gold Corp will be following its price patterns.
Risk-Adjusted Performance
6 of 100
Weak | Strong |
Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Barrick Gold Corp are ranked lower than 6 (%) of all global equities and portfolios over the last 90 days. In spite of rather fragile essential indicators, Barrick Gold may actually be approaching a critical reversion point that can send shares even higher in June 2024. ...more
Actual Historical Performance (%)
One Day Return (0.54) | Five Day Return (4.30) | Year To Date Return (7.94) | Ten Year Return (5.78) | All Time Return 761.78 |
Forward Dividend Yield 0.0243 | Payout Ratio 0.4494 | Last Split Factor 2:1 | Forward Dividend Rate 0.4 | Dividend Date 2024-03-15 |
| Barrick Gold dividend paid on 29th of February 2024 | 02/29/2024 |
| Barrick Gold dividend paid on 15th of March 2024 | 03/15/2024 |
1 | GALIANO GOLD REPORTS 2024 GUIDANCE, PRELIMINARY Q1 OPERATING RESULTS AND A 38 percent INCREASE IN ABORE MI MINERAL RESOURCES | 04/16/2024 |
2 | How Gold Became an Essential Component in Nvidias GPUs | 04/25/2024 |
3 | The Timely Gold Pocket Watch Sale For 1.175 Million As Gold Prices Soar With Promises To Climb Even Higher | 04/29/2024 |
4 | Gold price retreats below 2,300 amid rising US ECI, US Dollar strength | 04/30/2024 |
5 | Barrick Gold Q1 2024 Earnings Call Transcript | 05/01/2024 |
6 | Signal Gold Announces 2024 First Quarter Results | 05/02/2024 |
| Begin Period Cash Flow | 4.4 B |
Barrick |
Barrick Gold Relative Risk vs. Return Landscape
If you would invest 1,507 in Barrick Gold Corp on February 5, 2024 and sell it today you would earn a total of 139.00 from holding Barrick Gold Corp or generate 9.22% return on investment over 90 days. Barrick Gold Corp is currently generating 0.1566% in daily expected returns and assumes 1.9455% risk (volatility on return distribution) over the 90 days horizon. In different words, 17% of stocks are less volatile than Barrick, and 97% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Barrick Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barrick Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Barrick Gold Corp, and traders can use it to determine the average amount a Barrick Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0805
| Best Portfolio | Best Equity | |||
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| Small Returns | GOLD | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
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Estimated Market Risk
| 1.95 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.16 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.08 actual daily | 6 94% of assets perform better |
Based on monthly moving average Barrick Gold is performing at about 6% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Barrick Gold by adding it to a well-diversified portfolio.
Barrick Gold Fundamentals Growth
Barrick Stock prices reflect investors' perceptions of the future prospects and financial health of Barrick Gold, and Barrick Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Barrick Stock performance.
| Return On Equity | 0.0683 | ||||
| Return On Asset | 0.0358 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 38.43 B | ||||
| Shares Outstanding | 1.76 B | ||||
| Price To Earning | 14.83 X | ||||
| Price To Book | 1.34 X | ||||
| Price To Sales | 2.77 X | ||||
| Revenue | 11.4 B | ||||
| Gross Profit | 3.47 B | ||||
| EBITDA | 4.85 B | ||||
| Net Income | 1.27 B | ||||
| Cash And Equivalents | 5.24 B | ||||
| Cash Per Share | 2.97 X | ||||
| Total Debt | 4.7 B | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 3.76 X | ||||
| Book Value Per Share | 13.36 X | ||||
| Cash Flow From Operations | 3.73 B | ||||
| Earnings Per Share | 0.82 X | ||||
| Market Capitalization | 28.93 B | ||||
| Total Asset | 45.58 B | ||||
| Retained Earnings | (6.68 B) | ||||
| Working Capital | 5.08 B | ||||
| Current Asset | 543.54 M | ||||
| Current Liabilities | 159.12 M | ||||
About Barrick Gold Performance
To evaluate Barrick Gold Corp Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Barrick Gold generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Barrick Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Barrick Gold Corp market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Barrick's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 81.58 | 78.26 | |
| Return On Tangible Assets | 0.03 | 0.02 | |
| Return On Capital Employed | 0.06 | 0.07 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.05 | 0.06 |
Things to note about Barrick Gold Corp performance evaluation
Checking the ongoing alerts about Barrick Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Barrick Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 64.0% of the company shares are owned by institutional investors | |
| On 15th of March 2024 Barrick Gold paid $ 0.0738 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Signal Gold Announces 2024 First Quarter Results |
- Analyzing Barrick Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Barrick Gold's stock is overvalued or undervalued compared to its peers.
- Examining Barrick Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Barrick Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Barrick Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Barrick Gold's stock. These opinions can provide insight into Barrick Gold's potential for growth and whether the stock is currently undervalued or overvalued.
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 Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Barrick Stock analysis
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 1.457 | Dividend Share 0.3 | Earnings Share 0.82 | Revenue Per Share 6.552 | Quarterly Revenue Growth 0.039 |
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.