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

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 25.22

Change

+1.98 (+8.52)%

Market Cap

CAD 41.71B

Volume

7.86M

Avg Analyst Target

CAD 35.38 (+40.30%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

Barrick Gold Corporation (ABX) Stock Analysis:
Based on the Barrick Gold Corporation stock forecasts from 9 analysts, the average analyst target price for Barrick Gold Corporation is CAD 35.38 over the next 12 months. Barrick Gold Corporation’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Barrick Gold Corporation is Slightly Bearish, which is based on 3 positive signals and 5 negative signals. At the last closing, Barrick Gold Corporation’s stock price was CAD 25.22. Barrick Gold Corporation’s stock price has changed by +1.20% over the past week, +1.50% over the past month and -16.30% over the last year.

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, Dominican Republi ...Read More

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

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

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.02

52 Week High : 29.66

Short Ratio : 2.89

52 Week Low : 22.03

Shorted Shares : 10,383,534

200 Day Moving Average : 25.50

Shorted Shares Previous Month : 12,538,610

50 Day Moving Average : 24.08

Shares Held By Insiders : 0.55%

Short Percentage : 0.66%

Shares Held by Institutions : 61.31%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-19 )

Largest Industry Peers for Gold

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

+4.50 (+5.87%)

 CAD61.27B 24.22 11.44
FNV:CA Franco-Nevada Corporation

+9.31 (+5.72%)

 CAD32.84B 38.15 29.38
WPM:CA Wheaton Precious Metals Corp

+3.57 (+7.25%)

 CAD23.80B 30.70 26.20
NCM:CA Newcrest Mining Ltd

+0.22 (+0.98%)

 CAD18.32B 12.56 6.80
AEM:CA Agnico Eagle Mines Limited

+4.92 (+7.81%)

 CAD16.63B 20.56 9.24
KL:CA Kirkland Lake Gold Ltd

+3.80 (+7.65%)

 CAD14.09B 12.83 6.88
K:CA Kinross Gold Corporation

+0.54 (+7.86%)

 CAD8.77B 6.98 4.08
EDV:CA Endeavour Mining plc

+1.92 (+6.93%)

 CAD6.85B 14.04 5.59
YRI:CA Yamana Gold Inc

+0.42 (+8.19%)

 CAD4.94B 29.48 4.73
BTO:CA B2Gold Corp

+0.28 (+6.32%)

 CAD4.68B 8.42 4.07

ETFs Containing ABX:CA

Symbol Name Weight Mer Price(Change) Market Cap
HOD:CA BetaPro Crude Oil Inverse.. 7.27 % 1.62 %

-0.03 (-0.50%)

 CAD0.03B
HOU:CA BetaPro Crude Oil Leverag.. 4.86 % 0.75 %

+0.08 (+0.46%)

 CAD0.13B
HEW:CA Horizons S&P/TSX 60 Equal.. 0.00 % 0.60 %

N/A

 CAD6.58M
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.42 %

-0.01 (-0.04%)

 CAD0.12B
TTP:CA TD Canadian Equity Index .. 0.00 % 0.05 %

-0.07 (-0.29%)

 CAD1.56B
XCV:CA iShares Canadian Value In.. 0.00 % 0.55 %

-0.19 (-0.55%)

 CAD0.09B
XGD:CA iShares S&P/TSX Global Go.. 0.00 % 0.61 %

+1.29 (+7.49%)

 CAD1.16B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

-0.13 (-0.41%)

 CAD0.02B
CGXF:CA CI Gold+ Giants Covered C.. 0.00 % 0.73 %

+0.81 (+7.59%)

 CAD0.50B
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.30 %

-0.07 (-0.51%)

 N/A

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 4.86% 72% C- 86% B
Dividend Return N/A N/A N/A N/A N/A
Total Return 4.86% 71% C- 85% B
Trailing 12 Months  
Capital Gain -16.30% 55% F 13% F
Dividend Return 3.23% 88% B+ 63% D
Total Return -13.07% 60% D- 15% F
Trailing 5 Years  
Capital Gain 10.52% 47% F 45% F
Dividend Return 7.25% 83% B 21% F
Total Return 17.76% 48% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain 11.94% 48% F 68% D+
Dividend Return 1.06% 73% C 26% F
Total Return 12.99% 49% F 67% D+
Risk Return Profile  
Volatility (Standard Deviation) 41.74% 56% F 24% F
Risk Adjusted Return 31.13% 51% F 33% F
Market Capitalization 41.71B 99% A+ 94% 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 16.77 41% F 38% F
Price/Book Ratio 1.36 57% F 58% F
Price / Cash Flow Ratio 7.70 33% F 52% F
EV/EBITDA 5.77 51% F 72% C-
Management Effectiveness  
Return on Equity 10.02% 60% D- 58% F
Return on Invested Capital 11.58% 71% C- 86% B
Return on Assets 6.33% 61% D- 82% B-
Debt to Equity Ratio 22.90% 34% F 73% C
Technical Ratios  
Short Ratio 2.89 49% F 36% F
Short Percent 0.66% 45% F 67% D+
Beta 0.02 99% A+ 97% 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 Ratings

Target Price Action Rating Action Analyst Rating Price Date

Discussions

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

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.

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.

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 compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

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