ABX - Barrick Gold Corporation

NYSE - Nasdaq Real Time Price. Currency in USD
13.81
-0.30 (-2.09%)
As of 12:01PM EST. Market open.
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Previous close14.11
Open13.90
Bid13.88 x 3000
Ask13.89 x 900
Day's range13.62 - 14.02
52-week range9.53 - 15.52
Volume8,565,007
Avg. volume18,670,435
Market cap16.16B
Beta (3Y monthly)-1.75
PE ratio (TTM)N/A
EPS (TTM)-0.57
Earnings dateN/A
Forward dividend & yield0.12 (0.88%)
Ex-dividend date2018-11-29
1y target est14.10
Trade prices are not sourced from all markets
  • GlobeNewswire3 hours ago

    Barrick Announces Additional Investment in Reunion Gold Corporation

    Barrick Gold Corporation (ABX)(ABX.TO) (“Barrick”) announced today that it has agreed to exercise its participation right in connection with a private placement offering by Reunion Gold Corporation (RGD.V) (“Reunion”). Barrick has agreed to acquire up to an additional 12,600,000 common shares of Reunion at a price of $0.18 per share. The aggregate consideration to be paid by Barrick in the offering is $2,268,000.

  • Barrick, Tanzania make progress in tax row, no deal yet: source
    Reuters2 days ago

    Barrick, Tanzania make progress in tax row, no deal yet: source

    Government officials met last week with executives from Toronto-based Barrick and Randgold Resources Ltd, which Barrick is acquiring, to discuss the issue, said the source, who declined to be identified due to the sensitivity of the talks. Acacia Mining, 63.9 percent owned by Barrick, is operating under a raw mineral export ban and faces a $190 billion tax bill from the Tanzania government. "The next week is crucial." Bloomberg reported on Wednesday that Barrick had reached an agreement with the government on a $300 million payment, which Acacia will make in installments, with terms under review by a Tanzanian tax working group.

  • Financial Times2 days ago

    [$$] Acacia shares rise on hopes of Tanzania dispute breakthrough

    rose by 6 per cent on Wednesday on hopes of a resolution to its longstanding dispute with the Tanzanian government, which has hampered its operations in the country. , which has left Acacia unable to export gold since March 2017, according to a person familiar with the matter. If an agreement is reached it would be a victory for Mark Bristow, the new chief executive of Barrick, following its agreement to merge with London-listed Randgold Resources in September.

  • Zacks3 days ago

    Is Barrick Gold (ABX) a Great Stock for Value Investors?

    Is Barrick Gold (ABX) a great pick from the value investor's perspective right now? Read on to know more.

  • Stock Losses Increase, But Qualcomm Up On Apple Patent Case
    Investor's Business Daily4 days ago

    Stock Losses Increase, But Qualcomm Up On Apple Patent Case

    Gold has done OK amid recent stock losses. The S&P; 500 lost 12% since its closing high Sept. 20, while iShares Gold Trust gained 3%.

  • The Wall Street Journal8 days ago

    [$$] Barrick Gold Retreats From Digital Reinvention

    Barrick Gold Corp., the world’s largest gold miner, is selling a research-and-development company it owns and is cutting staff hired to lead what executives had called a digital reinvention, championed by Executive Chairman John Thornton, people familiar with the matter said. The move comes shortly after the company agreed to buy Randgold Resources Ltd. for $6 billion in an all-share merger—a move that would solidify Barrick as the world’s largest gold producer by output. One of the first assets to go on the block is Barrick-owned AuTec Innovative Extractive Solutions Ltd., a Vancouver-based company that specializes in testing mineral samples and processing, people familiar with the matter said.

  • Barrick Gold to sell assets, reduce head-office management: WSJ
    Reuters8 days ago

    Barrick Gold to sell assets, reduce head-office management: WSJ

    (Reuters) - Barrick Gold Corp will sell a research and development company it owns and reduce its technology staff, the Wall Street Journal reported on Thursday, citing people familiar with the matter. The gold miner expects to close its Randgold Resources Ltd purchase Jan. 1, and incoming CEO Mark Bristow has said he plans to sell a variety of noncore core assets, cut costs and shrink head-office management to help delegate more authority to regional mining operations, according to the WSJ report. ...

  • How Gold Stocks Have Performed This Year
    Market Realist14 days ago

    How Gold Stocks Have Performed This Year

    MORRIS: That’s interesting. Well, now let’s move on to the companies. I’ve heard you say a number of times that you think the industry is in great shape, they’ve contained their cost. The companies are in great shape. Can you tell us a little bit more about your view of the companies’ position right now financially?

  • How Gold Mining Exposure Can Hedge Your Portfolio
    Market Realist14 days ago

    How Gold Mining Exposure Can Hedge Your Portfolio

    Is Gold Positioned for a Bullish Turn as We Enter 2019? FOSTER: We’re at the point in the cycle I think investors should think of some defensive measures. MORRIS: One other thing I wanted to talk to you about today, is that there’s been some recent merger activity, and I remember hearing that you’d actually looked at the recent developments as pretty positive overall, for the industry, and could be another positive catalyst for gold miners.

  • What Are Gold Miners’ Technical Indicators Telling Us?
    Market Realist14 days ago

    What Are Gold Miners’ Technical Indicators Telling Us?

    Which Gold Miners Have Shown Upside Potential since Q3? In this article, we’ll take a look at senior gold miners’ technical indicators. Moving averages help traders and investors make market entry or exit decisions.

  • What Are Analysts’ Estimates for Gold Miners’ Future Earnings?
    Market Realist14 days ago

    What Are Analysts’ Estimates for Gold Miners’ Future Earnings?

    Now that we’ve considered analysts’ revenue estimates for the senior gold miners under review (GDX) in this series, let’s take a look at analysts’ EBITDA estimates.

  • What Factors Are Affecting Revenue Forecasts for Gold Miners?
    Market Realist14 days ago

    What Factors Are Affecting Revenue Forecasts for Gold Miners?

    In the previous article, we looked at analysts’ ratings for senior gold mining companies. In this article, we’ll look at analysts’ estimates for those companies’ (GDX) (JNUG) revenues going forward.

  • Which Gold Miners Do Analysts Love after Q3 2018 and Why?
    Market Realist15 days ago

    Which Gold Miners Do Analysts Love after Q3 2018 and Why?

    Which Gold Miners Have Shown Upside Potential since Q3? Among the senior gold miners under our review (GDX) (GDXJ), analysts are most optimistic about Goldcorp (GG). A year ago, only 40% of analysts had “buy” ratings on the stock.

  • Which Gold Miners Show Free Cash Flow Upside?
    Market Realist15 days ago

    Which Gold Miners Show Free Cash Flow Upside?

    FCF (free cash flow) generation is important for gold mining companies (SGDM) (GDX), as this excess cash helps miners optimize their financial leverages, invest in projects that can drive long-term value, and provide shareholder returns.

  • Which Gold Miners Can Easily Repay Their Debts?
    Market Realist15 days ago

    Which Gold Miners Can Easily Repay Their Debts?

    One of the ratios by which we can gauge a mining company’s debt-repayment capacity is the net debt-to-forward-EBITDA ratio, which indicates the number of years it would take for a company to repay its debt.

  • Do Gold Miners’ Liquidity Profiles Look Comfortable?
    Market Realist16 days ago

    Do Gold Miners’ Liquidity Profiles Look Comfortable?

    Which Gold Miners Have Shown Upside Potential since Q3? One way to assess a company’s liquidity is to calculate its current ratio. Newmont Mining (NEM) is doing the best on this front with a ratio exceeding 4.0x.

  • Checking Up on Gold Miners’ Financial Health after Q3
    Market Realist16 days ago

    Checking Up on Gold Miners’ Financial Health after Q3

    Which Gold Miners Have Shown Upside Potential since Q3? As precious metals prices started weakening, investors shifted their focus from high-leverage miners (GDX) (GDXJ) to low-leverage miners with sound growth plans, leading miners to trim their balance sheets. Newmont Mining’s (NEM) net debt at the end of the third quarter was ~$1.1 billion compared to $1.9 billion at the end of 2016.

  • What Did It Cost Gold Miners to Dig Out an Ounce of Gold?
    Market Realist17 days ago

    What Did It Cost Gold Miners to Dig Out an Ounce of Gold?

    Which Gold Miners Have Shown Upside Potential since Q3? AISC (all-in sustaining costs) is an encompassing measure that helps us compare gold miners’ performances. Barrick Gold (ABX) reported AISC of $785 per ounce and a cost of sales of $850 per ounce in the third quarter.

  • Which Gold Miners Can Increase Production through Pipelines?
    Market Realist17 days ago

    Which Gold Miners Can Increase Production through Pipelines?

    Which Gold Miners Have Shown Upside Potential since Q3? After making discretionary cuts on exploration and capex for many years, gold miners (GDX) (JNUG) have started to refocus on production growth. Newmont Mining (NEM) has approved eight projects since mid-2014.

  • Gold Miners’ Production Profiles Are Declining—What Does It Mean?
    Market Realist17 days ago

    Gold Miners’ Production Profiles Are Declining—What Does It Mean?

    Which Gold Miners Have Shown Upside Potential since Q3? Goldcorp (GG) produced 503,000 ounces of gold during the third quarter, a fall of ~20.5% YoY (year-over-year). Barrick Gold (ABX) produced ~1.15 million ounces of gold in the third quarter, a fall of ~7.0% YoY.

  • Which Gold Miners Have Shown Upside Potential since Q3?
    Market Realist18 days ago

    Which Gold Miners Have Shown Upside Potential since Q3?

    Gold prices (GLD) saw their first monthly gain in the last seven months in October, when prices rose 2.1%. The gain was preceded by gold’s longest monthly losing streak since January 1997. 

  • How Might Kinross Gold’s Balance Sheet Support Its Future Growth?
    Market Realist18 days ago

    How Might Kinross Gold’s Balance Sheet Support Its Future Growth?

    Kinross Gold’s (KGC) liquidity position at the end of the third quarter was reflected its strategic investments. The company had cash and cash equivalents of $500 million in the third quarter compared to $918.7 million at the end of the second quarter. This liquidity position is significant given that the company doesn’t have any debt maturity until 2021.

  • Could Kinross Gold Lower Its Unit Costs Going Forward?
    Market Realist18 days ago

    Could Kinross Gold Lower Its Unit Costs Going Forward?

    Compared to its closest peers, Kinross Gold (KGC) has been a high-cost gold producer. Higher costs make its cash flows more leveraged against changes in revenue. As a result, Kinross is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM).

  • Investors Are Hopeful for a Resolution on Tasiast Phase Two
    Market Realist21 days ago

    Investors Are Hopeful for a Resolution on Tasiast Phase Two

    (Continued from Prior Part)Tasiast expansion The Tasiast expansion is vital for Kinross Gold (KGC) to replace its maturing production. During the company’s recent earnings call, it mentioned that it had completed the commissioning of the Phase One expansion successfully. The ramp-up of the SAG (semi-autogenous grinding) mill had also gone well. The company, however, stated during the call that the ramp-up in the mining rate and the completion of the SAG mill’s construction were going slower than planned. ...