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

COMMON STOCK | Gold | TSX

Last Closing Price

CAD 25.97

Change

-1.56 (-5.67)%

Market Cap

CAD 46.18B

Volume

6.91M

Average Target Price

CAD 35.43 (+36.44%)
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, 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: TD Canada Trust Tower, Toronto, ON, Canada, M5J 2S1

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

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

Fiscal Year End : December

Currency: CAD

Country : Canada

Technical Indicators

Beta : 0.03

52 Week High : 40.25

Short Ratio : 1.84

52 Week Low : 23.41

Shorted Shares : 9,526,932

200 Day Moving Average : 27.97

Shorted Shares Previous Month : 11,533,375

50 Day Moving Average : 28.51

Shares Held By Insiders : 5.54%

Short Percentage : 1.00%

Shares Held by Institutions : 63.29%

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2021-06-17 )

Largest Industry Peers for Gold

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

-5.19 (-6.19%)

 CAD63.05B 20.30 11.96
FNV:CA Franco-Nevada Corporation

-2.91 (-1.57%)

 CAD34.81B 47.96 37.63
WPM:CA Wheaton Precious Metals Corp

-1.99 (-3.51%)

 CAD24.65B 35.21 30.83
NCM:CA Newcrest Mining Limited

-1.05 (-4.13%)

 CAD20.14B 16.63 7.11
AEM:CA Agnico Eagle Mines Limited

-4.21 (-5.02%)

 CAD19.35B 23.89 13.02
KL:CA Kirkland Lake Gold Ltd

-2.11 (-4.09%)

 CAD13.22B 14.86 8.62
K:CA Kinross Gold Corporation

-0.45 (-5.18%)

 CAD10.38B 6.27 4.31
EDV:CA Endeavour Mining plc

-0.37 (-1.28%)

 CAD7.16B 27.89 9.96
BTO:CA B2Gold Corp

-0.32 (-5.41%)

 CAD5.93B 7.60 4.28
YRI:CA Yamana Gold Inc

-0.47 (-7.83%)

 CAD5.43B 20.97 6.17

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
HOD:CA BetaPro Crude Oil Inverse.. 0.00 % 1.62 %

+0.07 (+2.33%)

 CAD0.03B
HOU:CA BetaPro Crude Oil Leverag.. 0.00 % 0.75 %

-0.90 (-2.55%)

 CAD0.10B
TTP:CA TD Canadian Equity Index .. 0.00 % 0.05 %

-0.08 (-0.33%)

 CAD1.52B
XCV:CA iShares Canadian Value In.. 0.00 % 0.55 %

-0.46 (-1.51%)

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

-0.91 (-4.57%)

 CAD1.26B
XMA:CA iShares S&P/TSX Cappe.. 0.00 % 0.60 %

-0.70 (-3.83%)

 CAD0.15B
HGGG:CA Harvest Global Gold Giant.. 0.00 % 0.68 %

-1.89 (-6.37%)

 CAD7.54M
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.40 %

-0.10 (-0.33%)

 CAD0.02B

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 -10.45% 53% F 9% F
Dividend Return 1.34% 83% B 60% D-
Total Return -9.10% 54% F 10% F
Trailing 12 Months  
Capital Gain -20.56% 17% F 4% F
Dividend Return 1.87% 43% F 32% F
Total Return -18.69% 18% F 4% F
Trailing 5 Years  
Capital Gain 0.62% 42% F 34% F
Dividend Return 4.31% 50% F 9% F
Total Return 4.93% 40% F 26% F
Average Annual (5 Year Horizon)  
Capital Gain 13.90% 40% F 81% B-
Dividend Return 0.78% 60% D- 19% F
Total Return 14.68% 46% F 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 40.34% 63% D 24% F
Risk Adjusted Return 36.39% 49% F 49% F
Market Capitalization 46.18B 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 15.42 58% F 46% F
Price/Book Ratio 1.75 59% F 54% F
Price / Cash Flow Ratio 8.53 32% F 46% F
EV/EBITDA 6.51 63% D 77% C+
Management Effectiveness  
Return on Equity 12.11% 73% C 75% C
Return on Invested Capital 11.58% 73% C 87% B+
Return on Assets 7.17% 65% D 88% B+
Debt to Equity Ratio 22.90% 39% F 70% C-
Technical Ratios  
Short Ratio 1.84 62% D- 43% F
Short Percent 0.54% 46% F 66% D
Beta 0.03 95% 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 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.

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:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

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 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