Michael Evans - Barrick Gold Independent Director
Director
Mr. J. Michael Evans serves as Independent Director of Barrick Gold Corporationrationration. Mr. Evans is the President of Alibaba Group Holding Limited, a position he has held since August 2015. Prior to becoming President, Mr. Evans was an independent director and member of the audit committee of Alibaba Group Holding Limited with responsibility, among other things, for the oversight and evaluation of operating and financial risk and internal controls. He served as Vice Chairman of The Goldman Sachs Group, Inc. from February 2008 until his retirement in December 2013. Mr. Evans was Chairman of Goldman Sachs Asia operations from 2004 to 2013 and held various leadership positions within the firm securities business, including global head of equity capital markets. As the cohead of Goldman Sachs securities division for seven years, Mr. Evans was responsible, with the other division coheads, among other things, for the continuous review of risk including operating and financial risk. He is a board member of City Harvest. He is also a trustee of the Asia Society and a member of the Advisory Council for the Bendheim Center for Finance at Princeton University. Mr. Evans holds an undergraduate degree from Princeton University. Mr. Evans won a gold medal for Canada at the 1984 summer Olympics in men eight rowing. since 2014.
| Age | 59 |
| Tenure | 10 years |
| Phone | 416-861-9911 |
| Web | http://www.barrick.com |
Barrick Gold Management Efficiency
The company has Return on Asset of 5.49 % which means that on every $100 spent on assets, it made $5.49 of profit. This is considered to be average in the sector. In the same way, it shows a return on shareholders' equity (ROE) of (6.61) %, meaning that it generated no profit with money invested by stockholders. Barrick Gold's management efficiency ratios could be used to measure how well Barrick Gold manages its routine affairs as well as how well it operates its assets and liabilities.The company has 5.74 B in debt with debt to equity (D/E) ratio of 53.7, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Barrick Gold has a current ratio of 2.6, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Debt can assist Barrick Gold until it has trouble settling it off, either with new capital or with free cash flow. So, Barrick Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Barrick Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Barrick to invest in growth at high rates of return. When we think about Barrick Gold's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | -6.61 | |||
| Return On Asset | 5.49 |
Barrick Gold Leadership Team
Elected by the shareholders, the Barrick Gold's board of directors comprises two types of representatives: Barrick Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Barrick. The board's role is to monitor Barrick Gold's management team and ensure that shareholders' interests are well served. Barrick Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Barrick Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kevin Thomson, Sr. Executive VP of Strategic Matters | ||
| Pablo Marcet, Director | ||
| Kelvin Dushnisky, Senior Executive Vice President | ||
| Brett Harvey, Lead Independent Director | ||
| Henry Kinstlinger, Joint Company Secretary | ||
| Ian Levy, CEO, Managing Director, Executive Director | ||
| Kenneth Boundy, Non-Executive Director | ||
| Anthony Munk, Non-Independent Director | ||
| Steven Shapiro, Independent Director | ||
| John Thornton, Non-Independent Chairman of the Board | ||
| Deni Nicoski, Senior Vice President - Investor Relations | ||
| Michael Evans, Independent Director | ||
| Kathy Sipos, Chief of Staff | ||
| Catherine Raw, CFO, Executive Vice President | ||
| Gustavo Cisneros, Independent Director | ||
| Dambisa Moyo, Independent Director | ||
| Brian Greenspun, Independent Director | ||
| Julian Rockett, Joint Company Secretary | ||
| Shaun Usmar, Senior Executive Vice President CFO - Designate | ||
| Graham Clow, Independent Director | ||
| Mark Hill, Chief Investment Officer | ||
| Charles Birchall, Non-Independent Vice Chairman of the Board | ||
| Daniel Oh, Senior Vice President Investor Engagement and Governance | ||
| Nancy Lockhart, Independent Director | ||
| Ernie Thrasher, Independent Director | ||
| Benjamin Amzalak, Investor Relationship Officer | ||
| Richard Williams, Chief of Staff | ||
| Gary Doer, Independent Director | ||
| George Bee, Senior Vice President - Lama and Frontera District Development | ||
| Greg Walker, Senior Vice President - Operational and Technical Excellence | ||
| Basie Maree, Chief Technical Officer | ||
| Faith Teo, Vice President Assistant General Counsel and Secretary | ||
| Francis Choy, CFO | ||
| Robert Prichard, Director | ||
| Christopher Naylor, Independent Director | ||
| Darian Rich, Executive VP of Talent Management | ||
| Paul Lennon, Non-Executive Chairman of the Board | ||
| Robert Krcmarov, Sr. VP of Global Exploration |
Barrick Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Barrick Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -6.61 | |||
| Return On Asset | 5.49 | |||
| Profit Margin | (8.75) % | |||
| Operating Margin | 28.53 % | |||
| Current Valuation | 21.15 B | |||
| Shares Outstanding | 1.17 B | |||
| Shares Owned By Insiders | 1.27 % | |||
| Shares Owned By Institutions | 74.07 % | |||
| Number Of Shares Shorted | 38.98 M | |||
| Price To Earning | 12.90 X |
Pair Trading with Barrick Gold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Barrick Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Barrick Gold will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Ross Stores could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ross Stores when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ross Stores - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ross Stores to buy it.
The correlation of Ross Stores is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ross Stores moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ross Stores moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ross Stores can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics. Note that the Barrick Gold information on this page should be used as a complementary analysis to other Barrick Gold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Other Consideration for investing in Barrick Stock
If you are still planning to invest in Barrick Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Barrick Gold's history and understand the potential risks before investing.
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