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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

Barrick Gold Corporation (NYSE:GOLD) held its Q3 2024 earnings call, discussing financial results and strategic initiatives. Key executives participated, and analysts from major financial institutions were present.

Portfolio Pulse from

November 07, 2024 | 8:45 pm

Barrick Gold Corp. reported a strong Q3 performance with a 30% increase in free cash flow to $444 million, surpassing analysts' expectations. Adjusted EPS was $0.30, slightly below consensus estimates of $0.31. The company anticipates a production boost in Q4 as key projects ramp up.

Portfolio Pulse from

November 07, 2024 | 8:15 pm

Barrick Gold Corporation has declared a Q3 dividend of $0.10 per share and announced a share buyback, aligning with its Performance Dividend Policy.

Portfolio Pulse from

November 07, 2024 | 11:15 am

Barrick Gold Corporation (NYSE:GOLD) reported its third quarter 2024 results, showing stable gold production and a 12% increase in copper production compared to the previous quarter. The company is on track to meet its annual production and cost guidance, with a strong performance expected in Q4.

Portfolio Pulse from

November 07, 2024 | 11:15 am

Barrick Gold's stock has fallen 12% from its 52-week high, presenting a potential buying opportunity. The company has a strong project pipeline, solid financials, and benefits from rising gold prices, indicating a healthy growth trajectory.

Portfolio Pulse from

November 06, 2024 | 1:30 pm

Gold Royalty Corp. reported its third quarter 2024 results, highlighting record revenue for the first nine months of 2024.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

Barrick Gold is rated as a 'Buy' due to its undervaluation and strong fundamentals, including low net-debt and robust cash flow, which support potential dividend growth and share repurchase.

Portfolio Pulse from

November 05, 2024 | 12:30 pm

UBS analyst Daniel Major has downgraded Barrick Gold from Buy to Neutral and lowered the price target from $23 to $22.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 11:47 am

Mali's government has threatened not to renew Barrick Gold's Loulo mine permit due to disputes over economic benefit sharing. The government demands $512 million in back taxes and dividends, of which Barrick has paid $85 million. Barrick aims to negotiate a fair settlement.

Portfolio Pulse from Stjepan Kalinic

October 28, 2024 | 12:16 pm

Recent options trading activity on Barrick Gold (NYSE:GOLD) shows a mix of bullish and bearish sentiment among large investors. Benzinga's options scanner detected 14 unusual trades, with a split of 50% bullish and 42% bearish sentiment. The trades suggest a targeted price range of $10.0 to $25.0 for Barrick Gold over the last three months. The stock is currently trading at $19.99, down 1.62%, with an average analyst target price of $23.0.

Portfolio Pulse from Benzinga Insights

October 25, 2024 | 4:04 pm

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