ABX:CA:TSX-Barrick Gold Corporation (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 25.11

Change

0.00 (0.00)%

Market Cap

CAD 44.65B

Volume

4.18M

Average Target Price

CAD 39.67 (+57.97%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

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, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Papua New Guinea, 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. It has a strategic alliance agreement with Reunion Gold Corporation. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. Address: Brookfield Place, TD Canada Trust Tower, Toronto, ON, Canada, M5J 2S1

Company Website : http://www.barrick.com

Address : Brookfield Place, TD Canada Trust Tower, Toronto, ON, Canada, M5J 2S1

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.06

52 Week High : 40.63

Short Ratio : 2.87

52 Week Low : 17.27

Shorted Shares : 11,234,116

200 Day Moving Average : 32.57

Shorted Shares Previous Month : 9,172,852

50 Day Moving Average : 27.40

Shares Held By Insiders : 5.34%

Short Percentage : 1.00%

Shares Held by Institutions : 66.05%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-03-06 )

Largest Industry Peers for Gold

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
NGT:CA Newmont Corporation

N/A

 CAD57.58B 20.42 9.76
FNV:CA Franco-Nevada Corporation

N/A

 CAD26.46B 100.04 48.92
WPM:CA Wheaton Precious Metals Corp

N/A

 CAD20.60B 48.27 29.80
NCM:CA Newcrest Mining Limited

N/A

 CAD18.28B 18.65 7.93
AEM:CA Agnico Eagle Mines Limited

N/A

 CAD17.61B 34.47 12.82
KL:CA Kirkland Lake Gold Ltd

N/A

 CAD11.57B 14.89 6.54
K:CA Kinross Gold Corporation

N/A

 CAD10.46B 7.84 4.13
BTO:CA B2Gold Corp

N/A

 CAD6.02B 9.69 5.12
EDV:CA Endeavour Mining Corporation

N/A

 CAD5.99B 198.06 17.01
YRI:CA Yamana Gold Inc

N/A

 CAD5.26B 26.00 5.57

ETFs Containing ABX:CA

Symbol Name Weight Mer Price(Change) Market Cap
HEW:CA Horizons S&P/TSX 60 Equal.. 0.00 % 0.60 %

N/A

 CAD6.58M
HOD:CA BetaPro Crude Oil Inverse.. 0.00 % 1.15 %

N/A

 CAD0.02B
HOU:CA BetaPro Crude Oil Leverag.. 0.00 % 0.75 %

N/A

 CAD0.07B
PRA:CA Purpose Diversified Real .. 0.00 % 0.60 %

N/A

 CAD9.63M
TTP:CA TD Canadian Equity Index .. 0.00 % 0.05 %

N/A

 CAD0.98B
XCV:CA iShares Canadian Value In.. 0.00 % 0.50 %

N/A

 CAD0.04B
XGD:CA iShares S&P/TSX Globa.. 0.00 % 0.55 %

N/A

 CAD1.12B
XMA:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

N/A

 CAD0.13B
ZCN:CA BMO S&P/TSX Capped Compos.. 0.00 % 0.05 %

N/A

 CAD4.46B
FST:CA First Trust Canadian Capi.. 0.00 % 0.60 %

N/A

 CAD0.04B
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.30 %

N/A

 CAD9.55M
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.35 %

N/A

 CAD4.01M
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.35 %

N/A

 CAD0.01B

Market Performance

  Market Performance vs.
Industry/Classification (Gold)		 Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -13.41% 63% D 7% F
Dividend Return 0.39% 25% F 25% F
Total Return -13.03% 64% D 7% F
Trailing 12 Months  
Capital Gain -11.77% 15% F 10% F
Dividend Return 1.51% 29% F 28% F
Total Return -10.26% 17% F 10% F
Trailing 5 Years  
Capital Gain 36.17% 41% F 61% D-
Dividend Return 4.63% 50% F 9% F
Total Return 40.80% 42% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain 15.80% 46% F 87% B+
Dividend Return 0.71% 60% D- 19% F
Total Return 16.50% 47% F 86% B
Risk Return Profile  
Volatility (Standard Deviation) 39.92% 62% D- 18% F
Risk Adjusted Return 41.34% 58% F 59% F
Market Capitalization 44.65B 99% A+ 95% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gold)		 Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 19.21 53% F 34% F
Price/Book Ratio 1.45 64% D 57% F
Price / Cash Flow Ratio 8.24 32% F 45% F
EV/EBITDA 5.68 67% D+ 80% B-
Management Effectiveness  
Return on Equity 11.75% 77% C+ 80% B-
Return on Invested Capital 11.58% 78% C+ 85% B
Return on Assets 6.71% 72% C- 90% A-
Debt to Equity Ratio 22.90% 39% F 70% C-
Technical Ratios  
Short Ratio 2.87 41% F 29% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.06 99% A+ 96% A
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters then its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector