Barrick Gold Corp Stock Price on October 4, 2024

ABX Stock  CAD 24.79  0.56  2.31%   
Below is the normalized historical share price chart for Barrick Gold Corp extending back to January 02, 1985. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Barrick Gold stands at 24.79, as last reported on the 4th of December, with the highest price reaching 24.95 and the lowest price hitting 24.35 during the day.
200 Day MA
24.4303
50 Day MA
26.4464
Beta
0.48
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Barrick Stock, it is important to understand the factors that can impact its price. Barrick Gold Corp secures Sharpe Ratio (or Efficiency) of -0.0385, which signifies that the company had a -0.0385% return per unit of risk over the last 3 months. Barrick Gold Corp exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Barrick Gold's Risk Adjusted Performance of (0.04), mean deviation of 1.45, and Standard Deviation of 1.81 to double-check the risk estimate we provide.
  
At this time, Barrick Gold's Common Stock Shares Outstanding is very stable compared to the past year. As of the 4th of December 2024, Capital Stock is likely to grow to about 30.1 B, while Total Stockholder Equity is likely to drop about 11.8 B. . At this time, Barrick Gold's Price Fair Value is very stable compared to the past year. Barrick Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0385

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Estimated Market Risk

 1.81
  actual daily
16
84% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Barrick Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Barrick Gold by adding Barrick Gold to a well-diversified portfolio.
Price Book
1.2682
Enterprise Value Ebitda
5.1671
Price Sales
3.5128
Shares Float
1.7 B
Dividend Share
0.4

Barrick Gold Main Headline on 4th of October 2024

Barrick Gold Stock Trading Cheaper Than Industry Buy or Hold Yahoo Finance

Barrick Gold Valuation on October 4, 2024

It is possible to determine the worth of Barrick Gold on a given historical date. On October 4, 2024 Barrick was worth 26.79 at the beginning of the trading date compared to the closed value of 27.16. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Barrick Gold stock. Still, in general, we apply an absolute valuation method to find Barrick Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Barrick Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Barrick Gold's related companies.
 Open High Low Close Volume
  26.92    26.94    26.55    26.80    2,230,922  
10/04/2024
  26.79    27.31    26.66    27.16    1,929,937  
  27.11    27.11    26.78    27.00    2,467,398  
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Open Value
26.79
27.16
Closing Value
32.21
Upside

Barrick Gold Trading Date Momentum on October 4, 2024

On October 07 2024 Barrick Gold Corp was traded for  27.00  at the closing time. The maximum traded price for the trading interval was 27.11  and the lowest daily price was  26.78 . The daily volume was recorded at 2.5 M. The volume of trading on 7th of October 2024 played a part in the next trading day price drop. The overall trading delta to the next closing price was 0.59% . The overall trading delta to the closing price today is 1.22% .

Barrick Gold Corp Fundamentals Correlations and Trends

By evaluating Barrick Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Barrick Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Barrick financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Barrick Gold Stock history

Barrick Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Barrick is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Barrick Gold Corp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Barrick Gold stock prices may prove useful in developing a viable investing in Barrick Gold
Last ReportedProjected for Next Year
Common Stock Shares Outstanding1.8 B1.8 B
Net Income Applicable To Common Shares496.8 M521.6 M

Barrick Gold Quarterly Net Working Capital

5 Billion

Barrick Gold Stock Technical Analysis

Barrick Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Barrick Gold technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Barrick Gold trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Barrick Gold Period Price Range

Low
December 4, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Barrick Gold Corp cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Barrick Gold December 4, 2024 Market Strength

Market strength indicators help investors to 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 undertsting and applying Barrick Gold stock market strength indicators, traders can identify Barrick Gold Corp entry and exit signals to maximize returns

Barrick Gold Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Barrick Gold's price direction in advance. Along with the technical and fundamental analysis of Barrick Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Barrick to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
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 Trending Equities 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 closely tied with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
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.