Streetbeat News

GOLD

Barrick Gold Corporation

https://www.barrick.com

Industry

Gold

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, 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 throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

Open

16.87

Mkt cap

29B

Volume

19M

High

16.91

P/E Ratio

18.10

52-wk high

21.35

Low

16.59

Div yield

0.02

52-wk low

13.76

The options market is indicating potential significant movements in Barrick Gold (GOLD) stock, suggesting investors should closely monitor this asset.

Portfolio Pulse from

November 22, 2024 | 2:45 pm

Barrick Gold Corporation is making significant progress in building a sustainable business with a strong asset portfolio and strategic partnerships. The company has generated $23 billion in operating cash flow, invested $15 billion in growth projects, reduced net debt by $4 billion, and returned $5 billion to shareholders.

Portfolio Pulse from

November 22, 2024 | 12:15 pm

Barrick Gold Corporation has significantly increased its mineral resource estimates for the Fourmile project in Nevada, with a 192% increase in indicated resources and a 137% increase in inferred resources. This update follows the addition of 25 new drill holes.

Portfolio Pulse from

November 22, 2024 | 12:15 pm

Barrick Gold reported strong Q3 2024 results with $3.37 billion in revenues, showing significant growth and beating estimates. The company is well-positioned to benefit from ongoing gold demand, with plans to increase production by 30% by 2030.

Portfolio Pulse from

November 21, 2024 | 11:00 am

Barrick Gold's recent post-earnings selloff offers a favorable risk/reward opportunity, with the stock's uptrend intact unless it falls below $16.59. Despite rising revenues, production declines and increasing costs are affecting profit margins. The company's valuation at 9.2X forward earnings is notably low, indicating market pessimism or potential earnings misses.

Portfolio Pulse from

November 20, 2024 | 3:45 pm

New Found Gold Corp. has filed a NI 43-101 technical report for its Queensway Gold Project, detailing property expansion and new exploration activities.

Portfolio Pulse from

November 16, 2024 | 1:00 am

The article compares Barrick Gold (GOLD) and Triple Flag Precious Metals (TFPM) as potential value investments in the Mining - Gold sector, analyzing which stock offers a better value opportunity.

Portfolio Pulse from

November 15, 2024 | 6:00 pm

The article discusses why Barrick Gold (GOLD) is considered a top value stock for long-term investment, highlighting the benefits of using Zacks Style Scores to identify such stocks.

Portfolio Pulse from

November 15, 2024 | 4:00 pm

The article discusses the potential investment value of Barrick Gold (GOLD) based on Wall Street analysts' bullish views. It questions the impact of media reports on rating changes by sell-side analysts on stock prices.

Portfolio Pulse from

November 15, 2024 | 3:45 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.