ABX:TSX-Barrick Gold Corp (CAD)

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 21.58

Change

+0.64 (+3.06)%

Market Cap

CAD 38.02B

Volume

0.02B

Avg Analyst Target

CAD 27.55 (+27.66%)

Avg User Target

CAD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

ABX Stock Forecast & Price:
Based on the Barrick Gold Corp stock forecasts from 9 analysts, the average analyst target price for Barrick Gold Corp is CAD 27.55 over the next 12 months. Barrick Gold Corp’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Barrick Gold Corp is Neutral, which is based on 5 positive signals and 5 negative signals. At the last closing, Barrick Gold Corp’s stock price was CAD 21.58. Barrick Gold Corp’s stock price has changed by +0.56% over the past week, +3.65% over the past month and -11.67% over the last year.

About Barrick Gold Corp (ABX:CA:TSX)

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 : 0.10

52 Week High : 32.62

Short Ratio : 1.34

52 Week Low : 17.75

Shorted Shares : 9,700,579

200 Day Moving Average : 24.41

Shorted Shares Previous Month : 13,562,873

50 Day Moving Average : 20.71

Shares Held By Insiders : 0.59%

Short Percentage : 0.66%

Shares Held by Institutions : 63.01%

Dividend Yield : 3.37%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-11-29 )

Largest Industry Peers for Gold

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

+2.35 (+3.93%)

 CAD48.69B 38.34 15.70
FNV:CA Franco-Nevada Corporation

+4.70 (+2.50%)

 CAD36.95B 438.09 29.73
AEM:CA Agnico Eagle Mines Limited

+2.37 (+3.62%)

 CAD30.89B 35.66 14.94
WPM:CA Wheaton Precious Metals Corp

+0.82 (+1.63%)

 CAD22.80B 21.46 21.44
NCM:CA Newcrest Mining Ltd

+0.62 (+3.60%)

 CAD16.86B 13.58 8.55
KL:CA Kirkland Lake Gold Ltd

N/A

 CAD13.11B 11.76 7.12
K:CA Kinross Gold Corp

+0.15 (+2.82%)

 CAD7.16B 16.88 6.93
EDV:CA Endeavour Mining Corp

+0.45 (+1.64%)

 CAD6.88B 73.55 6.25
YRI:CA Yamana Gold Inc

+0.21 (+3.03%)

 CAD6.67B 19.28 7.66
AGI:CA Alamos Gold Inc

+0.46 (+3.69%)

 CAD5.07B 161.38 17.96

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
RCD:CA RBC Quant Canadian Divide.. 0.00 % 0.42 %

+0.10 (+0.41%)

 CAD0.11B
TTP:CA TD S&P/TSX Capped Composi.. 0.00 % 0.05 %

+0.09 (+0.39%)

 CAD1.34B
XCV:CA iShares Canadian Value 0.00 % 0.55 %

+0.26 (+0.78%)

 CAD0.12B
XGD:CA iShares S&P/TSX Global Go.. 0.00 % 0.61 %

+0.56 (+3.40%)

 CAD0.93B
CGXF:CA CI Gold+ Giants Covered C.. 0.00 % 0.73 %

+0.30 (+2.94%)

 CAD0.42B
FCCV:CA Fidelity Canadian Value I.. 0.00 % 0.35 %

+0.15 (+1.15%)

 CAD0.07B

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 -10.27% 70% C- 60% D-
Dividend Return 3.07% 83% B 64% D
Total Return -7.20% 73% C 65% D
Trailing 12 Months  
Capital Gain -11.12% 70% C- 51% F
Dividend Return 3.04% 72% C- 60% D-
Total Return -8.08% 72% C- 57% F
Trailing 5 Years  
Capital Gain 21.10% 58% F 65% D
Dividend Return 12.91% 90% A- 64% D
Total Return 34.01% 59% F 68% D+
Average Annual (5 Year Horizon)  
Capital Gain 16.30% 54% F 84% B
Dividend Return 1.78% 89% B+ 48% F
Total Return 18.08% 56% F 85% B
Risk Return Profile  
Volatility (Standard Deviation) 38.21% 66% D 23% F
Risk Adjusted Return 47.33% 75% C 72% C-
Market Capitalization 38.02B 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 15.09 53% F 42% F
Price/Book Ratio 1.19 47% F 54% F
Price / Cash Flow Ratio 8.69 21% F 35% F
EV/EBITDA 5.86 41% F 46% F
Management Effectiveness  
Return on Equity 9.27% 79% C+ 55% F
Return on Invested Capital 12.57% 68% D+ 81% B-
Return on Assets 5.12% 71% C- 75% C
Debt to Equity Ratio 22.62% 31% F 72% C-
Technical Ratios  
Dividend Yield 3.37% 52% F 45% F
Short Ratio 1.34 77% C+ 67% D+
Short Percent 0.66% 48% F 55% F
Beta 0.10 100% 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
Stock Target Advisor

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 total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

The company management has delivered better return on equity 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.

What to not like:
Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

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.

Overpriced on free cash flow basis

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

Low Revenue Growth

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