Barrick Gold Corp Stock Analysis

Barrick Stock Analysis Notes

About 62.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.26. Some equities with similar Price to Book (P/B) outperform the market in the long run. Barrick Gold Corp has Price/Earnings To Growth (PEG) ratio of 2.26. The entity last dividend was issued on the 29th of November 2024. The firm had 2:1 split on the 16th of February 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 Metals And Minerals Mining And Exploration classification in Canada and is traded on Toronto Stock Exchange. For more info on Barrick Gold Corp please contact Mark Bristow at 416 861 9911 or go to https://www.barrick.com.

Barrick Gold Corp Investment Alerts

Barrick Largest EPS Surprises

View All Earnings Estimates

Barrick Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 42.5 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 0.13 %, 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 0.31 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.31.

Management Efficiency

Barrick Gold Corp has return on total asset (ROA) of 0.0415 % which means that it generated a profit of $0.0415 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0773 %, meaning that it generated $0.0773 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 this time, Barrick Gold's Return On Capital Employed is very stable compared to the past year. As of the 11th of December 2024, Return On Equity is likely to grow to 0.06, while Return On Tangible Assets are likely to drop 0.02. At this time, Barrick Gold's Non Currrent Assets Other are very stable compared to the past year. As of the 11th of December 2024, Other Current Assets is likely to grow to about 1.3 B, while Total Assets are likely to drop about 24.1 B.

Technical Drivers

As of the 11th of December 2024, Barrick Gold shows the Risk Adjusted Performance of (0.03), mean deviation of 1.43, and Standard Deviation of 1.81. 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.

Barrick Gold Corp Price Movement Analysis

Barrick Gold Outstanding Bonds

Barrick Gold Predictive Daily 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.

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 Valuation module to check real value of public entities based on technical and fundamental data.