Barrick Gold

Barrick Gold Corp. engages in the production and sale of gold, copper, and related activities. It also provides exploration and mining development. It operates through the following business segments: Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, Bulyanhulu, and Others. The Others segments includes Long Canyon, Phoenix, Nevada Gold Mines, Hemlo, Latin America and Asia Pacific, North Mara, Tongon, Buzwagi, and Africa and Middle East. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.

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Barrick Gold Corp. engages in the production and sale of gold, copper, and related activities. It also provides exploration and mining development. It operates through the following business segments: Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, Bulyanhulu, and Other Mines. The company was founded by Peter D. Munk in 1983 and is headquartered in Toronto, Canada.

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: An Alternative To Gold Investment

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.

Barrick Gold's Valuation Is Too Good To Ignore

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Investors looking for stocks in the Mining - Gold sector might want to consider either Barrick Gold (GOLD) or Triple Flag Precious Metals (TFPM). But which of these two stocks presents investors with the better value opportunity right now?

GOLD vs. TFPM: Which Stock Is the Better Value Option?

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Why Barrick Gold (GOLD) is a Top Value Stock for the Long-Term

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?

Is It Worth Investing in Barrick Gold (GOLD) Based on Wall Street's Bullish Views?

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Unlock your portfolio value by investing in high earnings yield stocks like PBI, COOP, GOLD, QUAD and PDD.

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Should Value Investors Buy Barrick Gold (GOLD) Stock?

GOLD benefits from higher average realized gold prices amid lower production and increased costs in Q3.

Barrick Gold's Q3 Earnings Fall Short of Estimates, Sales Increase Y/Y

Barrick Gold Corporation (NYSE:GOLD ) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Mark Bristow - President and Chief Executive Officer Graham Shuttleworth - Senior Executive Vice-President, Chief Financial Officer Simon Jimenez - Chief Advisor, Strategy & Human Rights John Steele - Metallurgy, Engineering and Capital Projects Executive Simon Bottoms - Mineral Resource Management and Evaluation Executive Conference Call Participants Daniel Major - UBS Alan Spence - BNP Paribas Lawson Winder - Bank of America Securities Anita Soni - CIBC World Markets Tanya Jakusconek - Scotiabank Operator Ladies and gentlemen, thank you for standing by. This is the event operator.

Barrick Gold Corporation (GOLD) Q3 2024 Earnings Call Transcript

Barrick Gold Corp. (TSX:ABX, NYSE:GOLD) reported a solid performance in its third quarter, with free cash flow growing by 30% sequentially to $444 million, beating analysts' estimates. Adjusted earnings per share (EPS) for the quarter came in at $0.30, surpassing Barrick's internal forecast of $0.29 but narrowly missing consensus estimates of $0.31.

Barrick Gold expects Q4 production boost as key projects ramp up

Third Quarter 2024 Results All amounts expressed in U.S. dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) dealt with ongoing challenges and made significant progress on many fronts in the third quarter of the year to keep its annual production and cost guidance within reach on the back of the strong performance anticipated in Q4. Gold production was in line with that of the previous quarter while copper production was up 12% quarter on quarter.

Barrick Mines Set to Deliver Strong Finish to the Year

All amounts expressed in US dollars TORONTO, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced the declaration of a dividend of $0.10 per share for the third quarter of 2024. The dividend is consistent with the Company's Performance Dividend Policy announced at the start of 2022.

Barrick Declares Q3 Dividend and Buys Back Additional Shares

GOLD presents a compelling investment case with a strong pipeline of projects, solid financials, rallying gold prices and a healthy growth trajectory.

Barrick Gold Falls 12% From Its 52-Week High: Should You Buy the Dip?

GOLD's third-quarter results are expected to reflect higher gold prices and steady production.

Should You Buy Barrick Gold Stock Ahead of Q3 Earnings Report?

I am initiating coverage on Barrick Gold with a "Buy" rating, expecting the stock to outperform over the next 24 to 36 months. Barrick Gold is undervalued with a forward EV/EBITDA of 6.47, compared to the sector median of 8.69, indicating significant upside potential. Strong fundamentals, including a low net-debt position and robust cash flow, support potential dividend growth, share repurchase, and organic reserve growth.

Barrick Gold: Attractive Entry Point Before Q3 Results

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The latest trading day saw Barrick Gold (GOLD) settling at $19.05, representing a -1.4% change from its previous close.

Barrick Gold (GOLD) Stock Slides as Market Rises: Facts to Know Before You Trade

Investors with an interest in Mining - Gold stocks have likely encountered both Barrick Gold (GOLD) and Triple Flag Precious Metals (TFPM). But which of these two stocks offers value investors a better bang for their buck right now?

GOLD or TFPM: Which Is the Better Value Stock Right Now?

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Is Barrick Gold (GOLD) a Buy as Wall Street Analysts Look Optimistic?

Barrick Gold (GOLD) concluded the recent trading session at $19.98, signifying a +1.89% move from its prior day's close.

Why Barrick Gold (GOLD) Outpaced the Stock Market Today

TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) denies the allegations made by the Malian Ministry of Mines and the Finance Ministry that it had not honored its commitments made under an agreement designed to achieve a more equitable distribution of mineral resource exploitation to the benefit of all stakeholders.

Barrick Responds to Mali Government's Claims of Breaching Its Commitments

Are Investors Undervaluing Barrick Gold (GOLD) Right Now?

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Canaccord Genuity praised commodities today, raising its long-term price outlook for gold and silver and lifting its price objective on several  mining names , including Canada-listed stocks Kinross Gold Corp (NYSE:KGC) and Barrick Gold Corp (NYSE:GOLD) and U.S.-based Newmont Corporation (NYSE:NEM).

News for Barrick Gold Stock (GOLD)