Barrick Gold Corp Stock Analysis

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 https://www.barrick.com.

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Barrick Gold Thematic Classifications

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

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.

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.

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

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.

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.

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.

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.

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.

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.

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 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.