Barrick Gold Corp Stock Analysis

GOLD Stock  USD 17.73  0.14  0.80%   
The main objective of Barrick Gold stock analysis is to determine its intrinsic value, which is an estimate of what Barrick Gold Corp is worth, separate from its market price. There are two main types of Barrick Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Barrick Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Barrick Gold's stock to identify patterns and trends that may indicate its future price movements.
The Barrick Gold stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Barrick Gold is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Barrick Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Barrick Gold's ongoing operational relationships across important fundamental and technical indicators.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

Barrick Stock Analysis Notes

About 63.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.35. Some equities with similar Price to Book (P/B) outperform the market in the long run. Barrick Gold Corp last dividend was issued on the 29th of November 2023. The entity had 2:1 split on the 2nd of March 1993. Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada. Barrick Gold is traded on New York Stock Exchange in the United States. To learn more about Barrick Gold Corp call D Bristow at 416 861 9911 or check out

Barrick Gold Quarterly Cost of Revenue

1.92 Billion

Barrick Gold Corp Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Barrick Gold's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Barrick Gold Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Barrick Gold Corp is unlikely to experience financial distress in the next 2 years
Barrick Gold Corp has a strong financial position based on the latest SEC filings
About 63.0% of the company shares are owned by institutional investors
Latest headline from Geode Capital Management LLC Buys 349914 Shares of Barrick ... - MarketBeat

Barrick Gold Corp Upcoming and Recent Events

Earnings reports are used by Barrick Gold to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Barrick Gold previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
21st of February 2024
Upcoming Quarterly Report
1st of May 2024
Next Financial Report
31st of December 2023
Next Fiscal Quarter End
21st of February 2024
Next Fiscal Year End
30th of September 2023
Last Quarter Report
31st of December 2022
Last Financial Announcement

Barrick Largest EPS Surprises

Earnings surprises can significantly impact Barrick Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Fiscal Date
Estimated EPS
Reported EPS
View All Earnings Estimates

Barrick Gold SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Barrick Gold prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Barrick Gold investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Barrick Gold Corp specific information freely available to individual and institutional investors to make a timely investment decision.

Barrick Gold Thematic Classifications

In addition to having Barrick Gold stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Copper Idea
Copper production
Plastics Idea
Rubber and plastics accessories
Aluminum Idea
Aluminum production
Precious Metals Idea
Precious Metals
USA Equities from Precious Metals industry as classified by Fama & French
Gold and Gold Mining Idea
Gold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas
Compulsion Idea
Addiction driven consumer products and services

Barrick Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 31.13 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Barrick Gold's market, we take the total number of its shares issued and multiply it by Barrick Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Barrick Profitablity

Barrick Gold's profitability indicators refer to fundamental financial ratios that showcase Barrick Gold's ability to generate income relative to its revenue or operating costs. If, let's say, Barrick Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Barrick Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Barrick Gold's profitability requires more research than a typical breakdown of Barrick Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.01 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.29 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.29.
Last ReportedProjected for 2023
Return on Average Assets 0.009  0.009711 
Return on Average Equity 0.018  0.0194 
Return on Invested Capital 0.036  0.0356 
Return on Sales 0.13  0.12 

Management Efficiency

Barrick Gold Corp has return on total asset (ROA) of 0.0404 % which means that it generated a profit of $0.0404 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0169 %, meaning that it created $0.0169 on every $100 dollars 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. At present, Barrick Gold's Return on Average Equity is projected to increase slightly based on the last few years of reporting. At present, Barrick Gold's Asset Turnover is projected to slightly decrease based on the last few years of reporting. . The current year's Return on Average Assets is expected to grow to 0.009711, whereas Current Assets are forecasted to decline to about 8.1 B.
Last ReportedProjected for 2023
Book Value per Share 12.92  11.53 
Enterprise Value over EBIT 22.00  23.74 
Enterprise Value over EBITDA 8.88  9.58 
Price to Book Value 1.33  1.63 
Tangible Assets Book Value per Share 23.97  22.87 
Enterprise Value30.1 B32.9 B
Tangible Asset Value42.2 B41 B
The analysis of Barrick Gold's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Barrick Gold's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Barrick Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
Forward Dividend Yield
Forward Dividend Rate

Technical Drivers

As of the 4th of December, Barrick Gold shows the Mean Deviation of 1.28, downside deviation of 1.65, and Risk Adjusted Performance of 0.0706. Barrick Gold Corp technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen technical drivers for Barrick Gold Corp, which can be compared to its rivals. Please confirm Barrick Gold Corp treynor ratio, as well as the relationship between the potential upside and expected short fall to decide if Barrick Gold Corp is priced correctly, providing market reflects its regular price of 17.73 per share. Given that Barrick Gold has jensen alpha of 0.1292, we suggest you to validate Barrick Gold Corp's prevailing market performance to make sure the company can sustain itself at a future point.

Barrick Gold Corp Price Movement Analysis

Execute Study
The output start index for this execution was thirty-five with a total number of output elements of twenty-six. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Barrick Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Barrick Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Barrick Gold Technical and Predictive Indicators

Barrick Gold Forecast Models

Barrick Gold's time-series forecasting models are one of many Barrick Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Barrick Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Barrick Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Barrick Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Barrick shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Barrick Gold. By using and applying Barrick Stock analysis, traders can create a robust methodology for identifying Barrick entry and exit points for their positions.
Last ReportedProjected for 2023
EBITDA Margin 0.31  0.31 
Gross Margin 0.32  0.32 
Profit Margin 0.039  0.0421 

Current Barrick Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Barrick analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Barrick analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
Barrick Gold Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Barrick analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Barrick stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Barrick Gold Corp, talking to its executives and customers, or listening to Barrick conference calls.
Barrick Analyst Advice Details

Barrick Stock Analysis Indicators

Barrick Gold Corp stock analysis indicators help investors evaluate how Barrick Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Barrick Gold shares will generate the highest return on investment. By understating and applying Barrick Gold stock analysis, traders can identify Barrick Gold position entry and exit signals to maximize returns.
Begin Period Cash Flow5.3 B
Long Term Debt5.1 B
Common Stock Shares Outstanding1.8 B
Total Stockholder Equity22.8 B
Total Cashflows From Investing Activities-1.7 B
Tax Provision664 M
Quarterly Earnings Growth Y O Y0.538
Property Plant And Equipment Net25.9 B
Cash And Short Term Investments4.4 B
Cash4.4 B
Accounts Payable741 M
Net Debt810 M
50 Day M A15.7994
Total Current Liabilities3.1 B
Other Operating ExpensesB
Non Current Assets Total37.5 B
Forward Price Earnings16.9492
Non Currrent Assets Other3.8 B
Stock Based Compensation55 M
When determining whether Barrick Gold Corp is a strong investment it is important to analyze Barrick Gold's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Barrick Gold's future performance. For an informed investment choice regarding Barrick Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Barrick Gold's price analysis, check to measure Barrick Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Barrick Gold is operating at the current time. Most of Barrick Gold's value examination focuses on studying past and present price action to predict the probability of Barrick Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Barrick Gold's price. Additionally, you may evaluate how the addition of Barrick Gold to your portfolios can decrease your overall portfolio volatility.
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Is Barrick Gold's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Barrick Gold. If investors know Barrick will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Barrick Gold listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
Dividend Share
Earnings Share
Revenue Per Share
Quarterly Revenue Growth
The market value of Barrick Gold Corp is measured differently than its book value, which is the value of Barrick that is recorded on the company's balance sheet. Investors also form their own opinion of Barrick Gold's value that differs from its market value or its book value, called intrinsic value, which is Barrick Gold's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Barrick Gold's market value can be influenced by many factors that don't directly affect Barrick Gold's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Barrick Gold's value and its price as these two are different measures arrived at by different means. Investors typically determine if Barrick Gold is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Barrick Gold's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.