Barrick Gold Corp ABX
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
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NovaGold Shares Fall on 3Q Loss
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Iran's Strike Against Israel Jolts Financial Markets — At a Glance
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Barrick Gold, Mali Resolve Disputes Over Loulo and Gounkoto Gold Mining
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Barrick Gold's Porgera Mine in Papua New Guinea Suspended Amid Local Violence
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Barrick Shares Jump After Stronger-Than-Expected Earnings
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Correction to Barrick Gold Data Talk
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Barrick Quarterly Earnings Buoyed by Higher Prices
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Barrick On Track to Deliver 2024 Targets — Commodity Comment
Trading Information
- Previous Close Price
- —
- Day Range
- —–—
- 52-Week Range
- —–—
- Bid/Ask
- — / —
- Market Cap
- —
- Volume/Avg
- — / —
Key Statistics
- Price/Earnings (Normalized)
- 20.36
- Price/Sales
- 3.08
- Dividend Yield (Trailing)
- 1.93%
- Dividend Yield (Forward)
- 1.93%
- Total Yield
- 2.07%
Company Profile
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
- Sector
- Basic Materials
- Industry
- Gold
- Stock Style Box
- Large Growth
- Total Number of Employees
- 24,600
- Website
- https://www.barrick.com
Competitors
Valuation
|
Metric
|
ABX
|
NEM
|
AEM
|
|---|---|---|---|
Price/Earnings (Normalized) | 20.36 | 25.35 | 28.18 |
Price/Book Value | 1.54 | 2.12 | 2.06 |
Price/Sales | 3.08 | 3.70 | 5.57 |
Price/Cash Flow | 8.33 | 11.58 | 12.67 |
Price/Earnings
ABX
NEM
AEM
Financial Strength
|
Metric
|
ABX
|
NEM
|
AEM
|
|---|---|---|---|
Quick Ratio | 1.92 | 0.63 | 0.62 |
Current Ratio | 3.01 | 2.11 | 1.51 |
Interest Coverage | 10.62 | −3.79 | 12.03 |
Quick Ratio
ABX
NEM
AEM
Profitability
|
Metric
|
ABX
|
NEM
|
AEM
|
|---|---|---|---|
Return on Assets (Normalized) | 3.88% | 4.61% | 4.87% |
Return on Equity (Normalized) | 7.63% | 8.90% | 7.22% |
Return on Invested Capital (Normalized) | 5.56% | 7.11% | 6.83% |
Return on Assets
ABX
NEM
AEM
Gold Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Zijin Mining Group Co Ltd ADR
ZIJMY
| — | Fwnbdyf | $67.3 Bil | |||
| Zijin Mining Group Co Ltd Class H
ZIJMF
| — | Dmszvq | $67.3 Bil | |||
| Newmont Corp Chess Depository Interest
NEMCL
| — | Kwbc | $62.0 Bil | |||
| Newmont Corp
NEM
| Qvmmsdwcv | Hkh | $62.0 Bil | |||
| Agnico Eagle Mines Ltd
AEM
| Xjkzknwd | Myg | $40.9 Bil | |||
| Barrick Gold Corp
GOLD
| Vqlhbzp | Gdck | $35.4 Bil | |||
| Wheaton Precious Metals Corp
WPM
| Gtjgpcyk | Nkj | $28.0 Bil | |||
| Franco-Nevada Corp
FNV
| — | Blybw | $24.0 Bil | |||
| Gold Fields Ltd
GFIOF
| — | Yqfxp | $14.3 Bil | |||
| Kinross Gold Corp
KGC
| Cnjq | Tgbw | $12.0 Bil |
United States