Profile
Sector:
Basic MaterialsIndustry:
GoldCountry:
CanadaIPO:
13 February 1985Website:
http://www.barrick.comNext earnings report:
14 February 2025Last dividends:
30 August 2024Next dividends:
29 November 2024Price
pre-market | 9 min agoAnalysts recommendations
Institutional Ownership
GOLD Latest News
In 3Q24, Barrick Gold generated $3.37 billion in revenues, posting year-on-year and sequential growth of 17.68% and 6.51%, respectively; the company's top line had beat estimates by $31.17 million. GOLD is positioned to benefit from the continued gold demand. Results of a central bank survey suggest that central banks will continue to shift reserves into gold. The Company has multiple projects in its pipeline and expects production to increase 30% by 2030.
Barrick Gold's post-earnings selloff presents a favorable risk/reward setup, with the uptrend intact unless $16.59 is breached. Despite rising revenues, production declines and increasing costs hinder Barrick's profit potential, impacting margins significantly. Barrick's valuation at 9.2X forward earnings is extremely low, suggesting market pessimism or potential earnings misses.
VANCOUVER, BC , Nov. 15, 2024 /PRNewswire/ - New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG) (NYSE-A: NFGC) is pleased to announce that the Company has filed a National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") technical report for New Found's 100% owned Queensway Project, entitled "NI 43-101 Technical Report, New Found Gold Corp.'s Queensway Gold Project in Newfoundland and Labrador, Canada: 2024 Property Expansion and Exploration Update", with an effective date of November 1, 2024 (the "Technical Report"). The purpose of the Technical Report is to provide an update on the Queensway Project expanded land position, including the Company's acquisition of the Kingsway Property (as defined below), and new exploration activities.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
GOLD benefits from higher average realized gold prices amid lower production and increased costs in Q3.
Mark Bristow, CEO of Barrick Gold (GOLD), talks about his company's role in the "long game" of the mining industry. He urges investors to have gold in your portfolio, and notes copper is as "strategic as gold is precious.
VANCOUVER, BC and TORONTO , Nov. 8, 2024 /PRNewswire/ - Integra Resources Corp. ("Integra" or the "Company") (TSXV: ITR) (NYSE American: ITRG) and Florida Canyon Gold Inc. ("FCGI") (TSXV: FCGV) are pleased to announce that the business combination between Integra and FCGI was completed by way of a court approved plan of arrangement under the Canada Business Corporations Act (the "Transaction"). The Transaction was overwhelmingly approved by shareholders of FCGI at a special meeting held on October 25, 2024 (the "Meeting").
TORONTO , Nov. 7, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is herein reporting its financial and operational results for the third quarter of 2024. Third quarter production of 85,147 was consistent with the first two quarters of 2024 and the comparative quarter of 2023.
TORONTO , Nov. 7, 2024 /PRNewswire/ - Allied Gold Corporation (TSX: AAUC) (OTCQX: AAUCF) ("Allied" or the "Company") is pleased to announce a series of changes and developments meant to improve operational oversight, improve mining operations, advance the Kurmuk project towards operations and improve corporate governance. These include management and board appointments, awarding the mining contract for Kurmuk to a reputable international contractor, as well as consolidating mining activities in Mali and Cote d'Ivoire operations under the same well experienced and well capitalized contractor.
VANCOUVER, BC , Nov. 7, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to report its third quarter ("Q3") 2024 production and financial results. Galiano owns a 90% interest in the Asanko Gold Mine ("AGM") located on the Asankrangwa Gold Belt in the Republic of Ghana, West Africa.
What type of business is Barrick Gold?
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located in the Americas, Asia, and Africa. Barrick Gold Corporation was founded in 1983 and is based in Toronto, Canada.
What sector is Barrick Gold in?
Barrick Gold is in the Basic Materials sector
What industry is Barrick Gold in?
Barrick Gold is in the Gold industry
What country is Barrick Gold from?
Barrick Gold is headquartered in Canada
When did Barrick Gold go public?
Barrick Gold initial public offering (IPO) was on 13 February 1985
What is Barrick Gold website?
https://www.barrick.com
Is Barrick Gold in the S&P 500?
No, Barrick Gold is not included in the S&P 500 index
Is Barrick Gold in the NASDAQ 100?
No, Barrick Gold is not included in the NASDAQ 100 index
Is Barrick Gold in the Dow Jones?
No, Barrick Gold is not included in the Dow Jones index
When was Barrick Gold the previous earnings report?
No data
When does Barrick Gold earnings report?
The next expected earnings date for Barrick Gold is 14 February 2025