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

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 36.91

Change

+0.74 (+2.05)%

Market Cap

CAD 65.63B

Volume

5.38M

Average Target Price

CAD 42.60 (+15.42%)
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, 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 and Africa. 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 : 0.30

52 Week High : 41.09

Short Ratio : 3.15

52 Week Low : 17.52

Shorted Shares : 17,864,974

200 Day Moving Average : 34.86

Shorted Shares Previous Month : 15,112,378

50 Day Moving Average : 38.26

Shares Held By Insiders : 14.58%

Short Percentage : 1.00%

Shares Held by Institutions : 70.70999999999999%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-09-24 )

Largest Industry Peers for Gold

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

+1.43 (+1.78%)

 CAD65.45B 12.54 10.10
FNV:CA Franco-Nevada Corporation

+4.41 (+2.43%)

 CAD35.46B 130.33 75.90
WPM:CA Wheaton Precious Metals Corp

+1.95 (+3.09%)

 CAD29.24B 67.63 50.90
AEM:CA Agnico Eagle Mines Limited

+4.53 (+4.53%)

 CAD25.27B 41.25 19.96
KL:CA Kirkland Lake Gold Ltd

+1.72 (+2.72%)

 CAD17.92B 16.06 13.09
K:CA Kinross Gold Corporation

+0.79 (+7.18%)

 CAD14.85B 13.13 8.13
BTO:CA B2Gold Corp

+0.45 (+5.53%)

 CAD8.84B 17.41 12.80
YRI:CA Yamana Gold Inc

+0.37 (+5.17%)

 CAD7.17B 21.92 18.04
SSRM:CA SSR Mining Inc

+0.41 (+1.65%)

 CAD5.53B 47.59 30.26
EDV:CA Endeavour Mining Corporation

+0.42 (+1.28%)

 CAD5.44B N/A 34.08

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
ZCN:CA BMO S&P/TSX Capped Co.. 0.00 % 0.05 %

+0.11 (+0.51%)

 CAD4.15B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.40 %

+0.08 (+0.32%)

 CAD8.98M
CMCE:CA CIBC Multifactor Canadian.. 0.00 % 0.30 %

N/A

 CAD0.16B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

N/A

 CAD0.28B
QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

-3.11 (-3.13%)

 CAD0.08B
ZVC:CA BMO MSCI Canada Value Ind.. 0.00 % 0.35 %

N/A

 CAD2.70M
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.30 %

-0.02 (-0.10%)

 CAD0.01B
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.23 %

+0.10 (+0.35%)

 CAD0.27B
QCD:CA AGFiQ Canadian Equity ETF 0.00 % 0.45 %

N/A

 CAD0.08B
FST:CA First Trust Canadian Capi.. 0.00 % 0.60 %

+0.19 (+0.59%)

 CAD0.04B
XMY:CA iShares MSCI Min Vol Glob.. 0.00 % 0.45 %

-0.12 (-0.49%)

 CAD0.06B
HOD:CA BetaPro Crude Oil Inverse.. 0.00 % 1.40 %

-0.17 (-1.65%)

 CAD0.02B
XMW:CA iShares MSCI Min Vol Glob.. 0.00 % 0.45 %

-0.16 (-0.38%)

 CAD0.27B
XMA:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

+0.44 (+2.46%)

 CAD0.16B
XIU:CA iShares S&P/TSX 60 In.. 0.00 % 0.15 %

+0.11 (+0.44%)

 CAD10.04B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.05 %

-0.09 (-0.36%)

 CAD6.62B
XGD:CA iShares S&P/TSX Globa.. 0.00 % 0.55 %

+0.63 (+2.89%)

 CAD1.61B
XCV:CA iShares Canadian Value In.. 0.00 % 0.50 %

-0.11 (-0.51%)

 CAD0.04B
VCN:CA Vanguard FTSE Canada All .. 0.00 % 0.05 %

+0.14 (+0.44%)

 CAD2.52B
VCE:CA Vanguard FTSE Canada Inde.. 0.00 % 0.05 %

+0.13 (+0.38%)

 CAD0.70B
PRA:CA Purpose Diversified Real .. 0.00 % 1.07 %

-0.38 (-2.16%)

 CAD8.84M
HOU:CA BetaPro Crude Oil Daily B.. 0.00 % 1.32 %

+0.23 (+1.64%)

 CAD0.07B
FLCD:CA Franklin FTSE Canada All .. 0.00 % 0.05 %

N/A

 CAD0.32B

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 53.03% 58% F 93% A
Dividend Return 0.83% 60% D- 31% F
Total Return 53.86% 59% F 93% A
Trailing 12 Months  
Capital Gain 53.15% 53% F 93% A
Dividend Return 1.04% 53% F 30% F
Total Return 54.20% 55% F 93% A
Trailing 5 Years  
Capital Gain 321.83% 70% C- 95% A
Dividend Return 7.59% 72% C- 22% F
Total Return 329.42% 72% C- 96% A
Average Annual (5 Year Horizon)  
Capital Gain 23.30% N/A N/A N/A N/A
Dividend Return 0.65% N/A N/A N/A N/A
Total Return 23.95% N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 48.96% N/A N/A N/A N/A
Risk Adjusted Return 48.91% N/A N/A N/A N/A
Market Capitalization 65.63B 100% A+ 99% 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%

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 11.35 78% C+ 68% D+
Price/Book Ratio 2.31 52% F 32% F
Price / Cash Flow Ratio 23.17 19% F 8% F
EV/EBITDA 6.70 86% B 73% C
Management Effectiveness  
Return on Equity 22.33% 92% A- 94% A
Return on Invested Capital 25.08% 96% A 95% A
Return on Assets 6.08% 79% C+ 87% B+
Debt to Equity Ratio 23.75% 43% F 69% D+
Technical Ratios  
Short Ratio 3.15 38% F 31% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.30 98% A+ 90% 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.

Underpriced compared to earnings

The stock is trading low compared to its peers on a price to earning basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

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.

Superior return on assets

The company management has delivered better return on assets 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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Earnings Growth

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

What to not like:
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.

Higly 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