Barrick Stock Analysis

GOLD
 Stock
  

USD 16.15  0.25  1.57%   

The small dip in market price for the last few months may raise some interest from shareholders. The stock closed today at a share price of 16.15 on 22,597,236 in trading volume. The company executives did not add much value to Barrick Gold investors in September. However, diversifying your holdings with Barrick Gold Corp or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.12. The current volatility is consistent with the ongoing market swings in September 2022 as well as with Barrick Gold unsystematic, company-specific events.
Please check Risk vs Return Analysis.
  
The Barrick Gold stock analysis report makes it easy to digest most publicly released information about Barrick Gold and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Barrick Stock analysis module also helps to analyze the Barrick Gold price relationship with some important fundamental indicators such as market cap and management efficiency.

Barrick Stock Analysis Notes

About 63.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.19. Some equities with similar Price to Book (P/B) outperform the market in the long run. Barrick Gold Corp last dividend was issued on the 30th of August 2022. The entity had 2:1 split on the 2nd of March 1993. 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. To learn more about Barrick Gold Corp call D Bristow at 416 861 9911 or check out https://www.barrick.com.

Barrick Gold Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Barrick Gold's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Barrick Gold Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Barrick Gold Corp generated a negative expected return over the last 90 days
About 63.0% of the company shares are owned by institutional investors
On 15th of September 2022 Barrick Gold paid $ 0.1556 per share dividend to its current shareholders
Latest headline from seekingalpha.com: NovaGold Inflationary Pressures And Weakening Gold Is Not A Good Combination - Seeking Alpha

Barrick Gold Corp Upcoming and Recent Events

Earnings reports are used by Barrick Gold to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Barrick Gold previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report16th of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Barrick Gold SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Barrick Gold prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Barrick Gold investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Barrick Gold Corp specific information freely available to individual and institutional investors to make a timely investment decision.

Barrick Gold Thematic Classifications

In addition to having Barrick Gold stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Manufacturing
Manufacturing of goods across different domains
Gold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas

Barrick Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Barrick Gold is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Barrick Gold Corp backward and forwards among themselves. Barrick Gold's institutional investor refers to the entity that pools money to purchase Barrick Gold's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Van Eck Associates CorpCommon Shares74.6 M1.3 B
Fmr LlcCommon Shares70.2 M1.2 B
Capital World InvestorsCommon Shares58.4 MB
Vanguard Group IncCommon Shares57.9 MB
Royal Bank Of CanadaCommon Shares49.7 M879.7 M
Flossbach Von Storch AgCommon Shares46.5 M823.3 M
Blackrock IncCommon Shares40.6 M718.4 M
Note, although Barrick Gold's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Barrick Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 28.79 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 these looking for more risk prefer small-cap and mid-cap equities.

Barrick Profitablity

Barrick Gold's profitability indicators refer to fundamental financial ratios that showcase Barrick Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Barrick Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Barrick Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Barrick Gold's profitability requires more research than a typical breakdown of Barrick Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 16.87 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 52.28 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.52.

Management Efficiency

The entity has return on total asset (ROA) of 5.51 % which means that it generated profit of $5.51 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 9.85 %, meaning that it created $9.85 on every $100 dollars invested by stockholders. Barrick Gold management efficiency ratios could be used to measure how well barrick gold corp manages its routine affairs as well as how well it operates its assets and liabilities.

Technical Drivers

As of the 6th of October, Barrick Gold shows the mean deviation of 1.62, and Risk Adjusted Performance of (0.06). Barrick Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Barrick Gold Corp, which can be compared to its rivals. Please confirm Barrick Gold Corp treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Barrick Gold Corp is priced correctly, providing market reflects its regular price of 16.15 per share. Given that Barrick Gold has jensen alpha of (0.1), we suggest you to validate Barrick Gold Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Barrick Gold Corp Price Movement Analysis

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Barrick Gold Predictive Daily Indicators

Barrick Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Barrick Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Barrick Gold Forecast Models

Barrick Gold time-series forecasting models is one of many Barrick Gold's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Barrick Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Barrick Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Barrick Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Barrick shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Barrick Gold. By using and applying Barrick Stock analysis, traders can create a robust methodology for identifying Barrick entry and exit points for their positions.
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, Cte dIvoire, the Democratic Republic of Congo, 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 and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

Current Barrick Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Barrick analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Barrick analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
26.26Hold8Odds
Barrick Gold Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Barrick analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Barrick stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Barrick Gold Corp, talking to its executives and customers, or listening to Barrick conference calls.
Barrick Analyst Advice Details

Barrick Stock Analysis Indicators

Barrick Gold Corp stock analysis indicators help investors evaluate how Barrick Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Barrick Gold shares will generate the highest return on investment. By understating and applying Barrick Gold stock analysis, traders can identify Barrick Gold position entry and exit signals to maximize returns.
Quick Ratio2.85
Trailing Annual Dividend Rate0.39
Fifty Two Week Low13.97
Revenue Growth-1.20%
Payout Ratio33.63%
Average Daily Volume Last 10 Day26.45M
Shares Short Prior Month42.94M
Average Daily Volume In Three Month22.68M
Earnings Growth17.40%
Shares Percent Shares Out3.53%
Earnings Quarterly Growth18.70%
Gross Margins39.04%
Forward Price Earnings12.82
Float Shares1.76B
Fifty Two Week High26.07
Fifty Day Average15.62
Enterprise Value To Ebitda5.80
Two Hundred Day Average19.52
Enterprise Value To Revenue3.03
Trailing Annual Dividend Yield2.45%
Please check Risk vs Return Analysis. You can also try Watchlist Optimization module to optimize watchlists to build efficient portfolio or rebalance existing positions based on mean-variance optimization algorithm.

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When running Barrick Gold Corp 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 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.
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 Barrick Gold value 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.