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

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 29.45

Change

0.00 (0.00)%

Market Cap

CAD 52.37B

Volume

4.32M

Average Target Price

CAD 45.20 (+53.48%)
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. 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

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-11-29 )

Largest Industry Peers for Gold

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

N/A

CAD61.18B 23.79 11.48
FNV:CA Franco-Nevada Corporation

N/A

CAD32.34B 122.26 61.08
WPM:CA Wheaton Precious Metals Corp

N/A

CAD22.92B 53.69 33.78
NCM:CA Newcrest Mining Limited

N/A

CAD21.18B 30.11 8.29
AEM:CA Agnico Eagle Mines Limited

N/A

CAD20.40B 32.00 13.23
KL:CA Kirkland Lake Gold Ltd

N/A

CAD14.20B 18.36 9.61
K:CA Kinross Gold Corporation

N/A

CAD11.74B 10.99 5.83
BTO:CA B2Gold Corp

N/A

CAD7.39B 11.49 5.26
YRI:CA Yamana Gold Inc

N/A

CAD6.34B 55.04 10.06
SSRM:CA SSR Mining Inc

N/A

CAD5.04B 46.16 21.61

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 %

N/A

CAD4.07B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.40 %

N/A

CAD8.54M
CMCE:CA CIBC Multifactor Canadian.. 0.00 % 0.30 %

N/A

CAD0.18B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

N/A

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

N/A

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

N/A

CAD2.57M
FLRM:CA Franklin Liberty Risk Man.. 0.00 % 0.30 %

N/A

CAD9.72M
DGRC:CA CI WisdomTree Canada Qual.. 0.00 % 0.23 %

N/A

CAD0.23B
QCD:CA AGFiQ Canadian Equity ETF 0.00 % 0.45 %

N/A

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

N/A

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

N/A

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

N/A

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

N/A

CAD0.25B
XMA:CA iShares S&P/TSX Cappe.. 0.00 % 0.55 %

N/A

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

N/A

CAD8.77B
XIC:CA iShares Core S&P/TSX Capp.. 0.00 % 0.05 %

N/A

CAD6.13B
XGD:CA iShares S&P/TSX Globa.. 0.00 % 0.55 %

N/A

CAD1.46B
XCV:CA iShares Canadian Value In.. 0.00 % 0.50 %

N/A

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

N/A

CAD2.41B
VCE:CA Vanguard FTSE Canada Inde.. 0.00 % 0.05 %

N/A

CAD0.65B
PRA:CA Purpose Diversified Real .. 0.00 % 1.07 %

N/A

CAD8.19M
HOU:CA BetaPro Crude Oil Leverag.. 0.00 % 1.32 %

N/A

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

N/A

CAD0.30B

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 22.10% 36% F 83% B
Dividend Return 1.32% 50% F 38% F
Total Return 23.42% 38% F 83% B
Trailing 12 Months  
Capital Gain 32.78% 37% F 85% B
Dividend Return 1.44% 54% F 40% F
Total Return 34.21% 37% F 86% B
Trailing 5 Years  
Capital Gain 189.86% 56% F 90% A-
Dividend Return 7.49% 83% B 19% F
Total Return 197.36% 56% F 90% A-
Average Annual (5 Year Horizon)  
Capital Gain 23.30% N/A N/A 91% A-
Dividend Return 0.65% N/A N/A 29% F
Total Return 23.95% N/A N/A 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 48.96% N/A N/A 14% F
Risk Adjusted Return 48.91% N/A N/A 66% D
Market Capitalization 52.37B 99% A+ 98% 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 17.30 64% D 41% F
Price/Book Ratio 1.77 56% F 44% F
Price / Cash Flow Ratio 18.48 22% F 12% F
EV/EBITDA 6.13 68% D+ 76% C
Management Effectiveness  
Return on Equity 14.43% 87% B+ 87% B+
Return on Invested Capital 25.08% 98% A+ 95% A
Return on Assets 6.51% 76% C 88% B+
Debt to Equity Ratio 23.75% 40% F 70% C-
Technical Ratios  
Short Ratio 1.90 53% F 39% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.27 96% A 91% 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.

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.

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