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

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 36.02

Change

+0.47 (+1.32)%

Market Cap

CAD 64.04B

Volume

3.07M

Average Target Price

CAD 40.50 (+12.44%)
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.

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.34

52 Week High : 40.13

Short Ratio : 2.93

52 Week Low : 17.52

Shorted Shares : 15,165,905

200 Day Moving Average : 29.65

Shorted Shares Previous Month : 13,791,925

50 Day Moving Average : 34.17

Short Percentage : 1.00%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-07-06 )

Largest Industry Peers for Gold

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

+0.57 (+0.69%)

 CAD64.16B 12.33 10.13
FNV:CA Franco-Nevada Corporation

+2.27 (+1.22%)

 CAD34.87B 141.41 76.28
WPM:CA Wheaton Precious Metals Corp

+1.60 (+2.74%)

 CAD25.35B 156.59 64.42
AEM:CA Agnico Eagle Mines Limited

+0.43 (+0.51%)

 CAD20.46B 36.07 16.33
KL:CA Kirkland Lake Gold Ltd

+0.58 (+1.03%)

 CAD14.57B 13.32 11.97
K:CA Kinross Gold Corporation

+0.17 (+1.75%)

 CAD11.48B 10.89 7.18
BTO:CA B2Gold Corp

+0.13 (+1.74%)

 CAD7.57B 15.72 8.34
YRI:CA Yamana Gold Inc

+0.03 (+0.41%)

 CAD6.91B 18.20 17.21
AGI:CA Alamos Gold Inc

+0.41 (+3.22%)

 CAD5.15B 54.69 15.26
CG:CA Centerra Gold Inc

+0.36 (+2.43%)

 CAD4.46B 22.58 29.39

ETFs Containing ABX:CA

Symbol Name Weight Mer Price(Change) Market Cap
XMA:CA iShares S&P/TSX Capped Ma.. 19.63 % 0.55 %

+0.28 (+1.67%)

 CAD0.14B
XGD:CA iShares S&P/TSX Global Go.. 18.83 % 0.55 %

+0.21 (+0.99%)

 CAD1.29B
XCV:CA iShares Canadian Value In.. 7.79 % 0.50 %

-0.07 (-0.33%)

 CAD0.04B
HOD:CA BetaPro Crude Oil -1x Dai.. 7.27 % 1.40 %

-0.13 (-1.25%)

 CAD0.03B
FCCQ:CA Fidelity Canadian High Qu.. 6.34 % 0.39 %

N/A

 CAD7.07M
DGRC:CA CI WisdomTree Canada Qual.. 5.31 % 0.23 %

+0.16 (+0.62%)

 CAD0.24B
HOU:CA BetaPro Crude Oil Daily B.. 4.86 % 1.32 %

+0.05 (+0.34%)

 CAD0.08B
ZVC:CA BMO MSCI Canada Value Ind.. 4.48 % 0.35 %

+0.14 (+0.86%)

 CAD2.49M
FST:CA First Trust Canadian Capi.. 4.27 % 0.60 %

+0.31 (+1.02%)

 CAD0.04B
VCE:CA Vanguard FTSE Canada Inde.. 3.64 % 0.05 %

+0.15 (+0.45%)

 CAD0.64B
XIU:CA iShares S&P/TSX 60 Index .. 3.44 % 0.15 %

+0.13 (+0.53%)

 CAD8.28B
QCE:CA Mackenzie Canadian Large .. 3.38 % 0.06 %

+3.45 (+3.70%)

 CAD0.07B
FLRM:CA Franklin Liberty Risk Man.. 3.37 % 0.30 %

N/A

 CAD0.01B
QCD:CA AGFiQ Canadian Equity ETF 3.17 % 0.45 %

+0.10 (+0.39%)

 CAD0.08B
VCN:CA Vanguard FTSE Canada All .. 2.93 % 0.05 %

+0.15 (+0.48%)

 CAD2.30B
FLCD:CA Franklin FTSE Canada All .. 2.86 % 0.05 %

N/A

 CAD0.29B
XIC:CA iShares Core S&P/TSX Capp.. 2.76 % 0.05 %

+0.16 (+0.65%)

 CAD6.08B
ZCN:CA BMO S&P/TSX Capped Compos.. 2.73 % 0.05 %

+0.12 (+0.57%)

 CAD3.61B
QCN:CA Mackenzie Canadian Equity.. 2.70 % 0.06 %

+0.15 (+0.16%)

 CAD0.05B
CMCE:CA CIBC Multifactor Canadian.. 2.33 % 0.30 %

+0.49 (+2.46%)

 CAD0.14B
HEW:CA Horizons S&P/TSX 60 Equal.. 1.97 % 0.60 %

N/A

 CAD6.58M

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 49.34% 58% F 94% A
Dividend Return 0.40% 25% F 17% F
Total Return 49.74% 60% D- 95% A
Trailing 12 Months  
Capital Gain 74.26% 61% D- 94% A
Dividend Return 0.97% 38% F 44% F
Total Return 75.23% 61% D- 94% A
Trailing 5 Years  
Capital Gain 174.96% 56% F 92% A-
Dividend Return 4.43% 56% F 11% F
Total Return 179.39% 54% F 92% A-
Average Annual (5 Year Horizon)  
Capital Gain 28.94% 59% F 91% A-
Dividend Return 0.64% 41% F 13% F
Total Return 29.58% 62% D- 91% A-
Risk Return Profile  
Volatility (Standard Deviation) 58.66% 52% F 12% F
Risk Adjusted Return 50.42% 65% D 51% F
Market Capitalization 64.04B 99% 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 10.84 80% B- 68% D+
Price/Book Ratio 2.15 45% F 30% F
Price / Cash Flow Ratio 22.61 14% F 6% F
EV/EBITDA 6.85 75% C 67% D+
Management Effectiveness  
Return on Equity 20.95% 94% A 92% A-
Return on Invested Capital 3.47% 64% D 43% F
Return on Assets 5.12% 77% C+ 80% B-
Debt to Equity Ratio 23.75% 38% F 69% D+
Technical Ratios  
Short Ratio 2.93 34% F 29% F
Short Percent N/A N/A N/A N/A N/A
Beta 0.34 94% A 88% B+
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 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:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

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