Pablo Marcet - Barrick Gold Director
Director
Mr. Pablo Marcet serves as Independent Director of the Company. Mr. Marcet is a seasoned mining professional with nearly 30 years of experience in the exploration, development, and operation of mines across Latin America. His appointment reflects the increasingly important role this region will play in Barrick longterm growth strategy. Many of Barrick most significant projects are located in Argentina and Chile, including PascuaLama, Alturas, and Cerro Casale, along with the highly prospective El Indio belt, where we are actively exploring for new discoveries in a district already home to multiple worldclass gold deposits. Mr. Marcet deep operational and geopolitical experience in Latin America will be a vital asset as the Company evaluates new investments in the region. During his career, Mr. Marcet has held senior management positions in geology, mining operations, and business development, including 15 years at BHP Billiton. He also served as President of Northern Orion Resources South American operations before the company acquisition by Yamana Gold, and later as Chief Executive Officer of Waymar Resources, until its acquisition by Orosur Mining. He also serves on the board of U3O8 Corporationration, a TSXlisted resource company focused on South America since 2016.
| Age | 53 |
| Tenure | 8 years |
| Professional Marks | MBA |
| 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.
Similar Executives
| Showing other executives | DIRECTOR Age | ||
| Jeffrey Miller | ServiceNow | 68 | |
| John Toms | Eastern Co | N/A | |
| Richard Rappaport | Skechers USA | 60 | |
| David Weinberg | Skechers USA | 73 | |
| Ali Husain | Analog Devices | N/A | |
| Gregory Rossmann | NETGEAR | 56 | |
| Peggy Scott | Eastern Co | 66 | |
| William Strauss | ServiceNow | 56 | |
| Fredrick DiSanto | Eastern Co | 56 | |
| Geyer Kosinski | Skechers USA | 54 | |
| James Zug | Amkor Technology | 75 | |
| Edward Frank | Analog Devices | 61 | |
| Barbara Scherer | NETGEAR | 62 | |
| Julie Shimer | NETGEAR | 65 | |
| Donald Tuttle | Eastern Co | 64 | |
| Richard Beyer | Analog Devices | 66 | |
| Adrian Pertierra | Asure Software | 45 | |
| Matthew Behrent | Asure Software | 46 | |
| Douglas Alexander | Amkor Technology | 56 | |
| Randall Waterfield | Asure Software | 43 | |
| Brad Burrows | Asure Software | N/A | |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Barrick Gold in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Barrick Gold's short interest history, or implied volatility extrapolated from Barrick Gold options trading.
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 Microsoft could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Microsoft 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 Microsoft - 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 Microsoft to buy it.
The correlation of Microsoft 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 Microsoft moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Microsoft 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 Microsoft 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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance |