Barrick Stock Analysis

GOLD -  USA Stock  

USD 19.49  0.12  0.62%

The latest indifference towards the small price fluctuations of Barrick Gold Corp may raise some interest from shareholders. The stock closed today at a share price of 19.49 on 16,839,700 in trading volume. The company executives did not add any value to Barrick Gold investors in December. However, most investors can still diversify their portfolios with Barrick Gold Corp to hedge their inherited risk against high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.02. The current volatility is consistent with the ongoing market swings in December 2021 as well as with Barrick Gold unsystematic, company-specific events.
Please check Risk vs Return Analysis.

Barrick Stock Analysis 

 
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The Barrick Gold stock analysis report makes it easy to digest most publicly released information about Barrick Gold and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Barrick Stock analysis module also helps to analyze the Barrick Gold price relationship with some important fundamental indicators such as market cap and management efficiency.

Barrick Stock Analysis Notes

About 61.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.47. Some equities with similar Price to Book (P/B) outperform the market in the long run. Barrick Gold Corp next dividend is scheduled to be issued on the 29th of November 2021. 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 operates under Gold classification in the United States and is traded on New York Stock Exchange. To learn more about Barrick Gold Corp call D Bristow at 416 861 9911 or check out https://www.barrick.com.

Barrick Gold Quarterly Cost of Revenue

1.77 BillionShare

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 was previously known as Barrick Gold Corp and was traded on New York Stock Exchange under the symbol ABX.
About 61.0% of the company shares are owned by institutional investors
Latest headline from www.streetwisereports.com: Should You Add to Resource Stock Positions Now Contributed Opinion - Streetwise Reports

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.
Upcoming Quarterly Report16th of February 2022
Next Earnings Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report30th of September 2021
Last Earning Announcement31st of December 2020

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.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2003-04-28
2003-03-310.060.05-0.0116 
2003-02-13
2002-12-310.090.10.0111 
2019-02-13
2018-12-310.04910.060.010922 
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.
Gold and Gold Mining IdeaGold and Gold Mining
Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas
Precious Metals IdeaPrecious Metals
USA Equities from Precious Metals industry as classified by Fama & French

Barrick Market Capitalization

The company currently falls under 'Large-Cap' category with current market capitalization of 34.68 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 these 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 16.57 %, which can signify that it executes well on its competitive strategies and has good control over its expenditures. This is very large. Similarly, it shows Operating Margin (OM) of 53.41 %, which suggests for every 100 dollars of sales, it generated a net operating income of 0.53.
Last ReportedProjected for 2022
Return on Average Assets 0.06  0.06 
Return on Average Equity 0.12  0.13 
Return on Invested Capital 0.12  0.12 
Return on Sales 0.37  0.39 

Management Efficiency

The entity has return on total asset (ROA) of 6.36 % which means that it generated profit of $6.36 on every $100 spent on asset. This is normal as compared to the sector avarege. Similarly, it shows return on stockholders equity (ROE) of 10.02 %, meaning that it created $10.02 on every $100 dollars invested by stockholders. Barrick Gold management efficiency ratios could be used to measure how well barrick gold corp manages its routine affairs as well as how well it operates its assets and liabilities. The current year Return on Average Assets is expected to grow to 0.06. The current year Return on Average Equity is expected to grow to 0.13. Barrick Gold Asset Turnover is projected to slightly decrease based on the last few years of reporting. The past year's Asset Turnover was at 0.25. The current year Return on Average Assets is expected to grow to 0.06, whereas Current Assets are forecasted to decline to about 8.3 B.
Last ReportedProjected for 2022
Book Value per Share 11.82  11.29 
Enterprise Value over EBIT 11.50  12.41 
Enterprise Value over EBITDA 7.58  8.18 
Price to Book Value 2.00  2.02 
Tangible Assets Book Value per Share 21.04  21.98 
Enterprise Value36.8 B32.7 B
Tangible Asset Value37.4 B32.8 B

Technical Drivers

As of the 26th of January, Barrick Gold shows the Risk Adjusted Performance of 0.0205, mean deviation of 1.33, and Downside Deviation of 1.62. 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 19.49 per share. Given that Barrick Gold has jensen alpha of 0.0264, 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

The output start index for this execution was one with a total number of output elements of sixty. The Simple Moving Average indicator is calculated by adding the closing price of Barrick Gold for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Barrick Gold Corp short-term fluctuations and highlight longer-term trends or cycles. View also all equity analysis or get more info about simple moving average overlap studies indicator.

Barrick Gold Predictive Daily Indicators

Barrick Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Barrick Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Barrick Gold Forecast Models

Barrick Gold time-series forecasting models is one of many Barrick Gold's stock analysis techniquest aimed to predict 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 stock 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 stock is reacting to, or reflecting on a current stock 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 2022
EBITDA Margin 0.57  0.46 
Gross Margin 0.37  0.35 
Profit Margin 0.21  0.23 
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 operates under Gold classification in the United States and is traded on New York Stock Exchange.

Be your own money manager

As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding Barrick Gold to your portfolios without increasing risk or reducing expected return.

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Please check Risk vs Return Analysis. Note that the Barrick Gold Corp 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 Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Barrick Gold Corp 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 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.
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 Barrick Gold value 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.