Barrick Stock Today

GOLD
 Stock
  

USD 16.98  0.11  0.64%   

Market Performance
6 of 100
Odds Of Distress
Less than 10
Barrick Gold is trading at 16.98 as of the 4th of December 2022, a -0.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 16.58. Barrick Gold has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading 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 4th of November 2022 and ending today, the 4th of December 2022. Click here to learn more.
CUSIP
067901108
Fiscal Year End
December
Business Domain
Materials
IPO Date
4th of February 1985
Category
Basic Materials
Classification
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 44.12 M shares are currently shorted by private and institutional investors with about 1.84 trading days to cover. More on Barrick Gold Corp

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Barrick Gold 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.
About 63.0% of the company shares are owned by institutional investors
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
CEOD Bristow
Thematic IdeaGold and Gold Mining (view all)
Fama & French Classification
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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Barrick Gold Corp based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Barrick Gold Corp financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted78.4 M83.8 M
Notably Down
Increasing
Stable
Weighted Average Shares1.7 B1.8 B
Notably Down
Increasing
Slightly volatile
Return on Average Assets0.04640.043
Significantly Up
Increasing
Stable
Net Cash Flow from Operations3.8 B4.4 B
Fairly Down
Decreasing
Slightly volatile
Current Liabilities2.1 B2.1 B
Fairly Up
Decreasing
Slightly volatile
Total Liabilities15 B14.6 B
Fairly Up
Decreasing
Slightly volatile
Gross Margin0.370.409
Moderately Down
Decreasing
Slightly volatile
Total Debt6.5 B5.2 B
Significantly Up
Decreasing
Slightly volatile
Asset Turnover0.260.257
Fairly Up
Decreasing
Slightly volatile
Current Assets7.9 B8.2 B
Sufficiently Down
Increasing
Slightly volatile
Total Assets40.2 B46.9 B
Fairly Down
Decreasing
Stable
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Barrick Gold's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
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.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Barrick Gold's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Barrick Gold deploys its capital and how much of that capital is borrowed.
Liquidity
Barrick Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 5.4 B in liabilities with Debt to Equity (D/E) ratio of 0.16, which may suggest the company is not taking enough advantage from borrowing. Barrick Gold Corp has a current ratio of 3.68, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Barrick Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Barrick Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Barrick Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Barrick to invest in growth at high rates of return. When we think about Barrick Gold's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

3.82 Billion
Barrick Gold Corp (GOLD) is traded on New York Stock Exchange in USA 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 current market capitalization of 29.92 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 Gold Corp conducts business under Metals & Mining sector and is part of Materials industry. The entity has 1.76 B outstanding shares of which 44.12 M shares are currently shorted by private and institutional investors with about 1.84 trading days to cover. Barrick Gold Corp currently holds about 5.24 B in cash with 4.38 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
Barrick Gold holds a total of one billion seven hundred sixty-two million fourty thousand sixty-four outstanding shares. Over half of Barrick Gold Corp outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that acquire positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation 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 about to change at the company. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

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 near 1%. 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 1.2146. 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, the company has an alpha of 0.1345, implying that it can generate a 0.13 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 16.98HorizonTargetOdds Above 16.98
99.30%90 days
 16.98 
0.68%
Based on a normal probability distribution, the odds of Barrick Gold to move above the current price in 90 days from now is near 1 (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.
InstituionSecurity TypeTotal SharesValue
Zweigdimenna Associates LlcCommon Shares95.6 K2.7 M
Zweigdimenna Associates LlcCommon Shares266.8 K7.2 M
View Barrick Gold Diagnostics

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.
Barrick Gold Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 3.72 Billion. The current year Interest Expense is expected to grow to about 488.6 M, whereas Gross Profit is forecasted to decline to about 4.4 B. View More Fundamentals

Barrick 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.

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.

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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 DirectorProfile
Safiatou BaNDaw - Independent Non-Executive DirectorProfile
Brett Harvey - Lead Independent DirectorProfile
Anthony Munk - Non-Independent DirectorProfile

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 Shape 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.
Please check Risk vs Return Analysis. You can also try Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.

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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.
Quarterly Earnings Growth YOY
(0.30) 
Market Capitalization
29.9 B
Quarterly Revenue Growth YOY
(0.11) 
Return On Assets
0.0512
Return On Equity
0.0927
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.