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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

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Portfolio Pulse from Lisa Levin

November 28, 2023 | 2:00 pm

Shares of precious metals companies are trading higher due to an increase in the prices of gold and silver.

Portfolio Pulse from Benzinga Newsdesk

November 21, 2023 | 5:30 pm

Precious metals stocks are trading higher as gold and silver prices increase due to a decline in the US dollar following the release of October CPI data.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 8:00 pm

Barrick Gold (NYSE:GOLD) has seen unusual options activity, with a significant number of investors adopting a bullish approach. The company's options scanner highlighted 10 extraordinary options activities, with 60% leaning bullish and 40% bearish. The mean open interest for Barrick Gold options trades today is 15709.67 with a total volume of 21,285.00. Analysts from Raymond James and BMO Capital maintain an Outperform rating on Barrick Gold, with target prices of $25 and $30 respectively.

Portfolio Pulse from Benzinga Insights

November 09, 2023 | 3:47 pm

Barrick Gold Corporation (NYSE:GOLD) has agreed to subscribe for 21,265,370 units of Hercules Silver Corp. in a non-brokered private placement at a price of $1.10 per unit, for a total consideration of $23,391,907. Post the placement, Barrick will hold approximately 12.33% of Hercules' issued and outstanding common shares on a non-diluted basis, and 15.02% on a partially-diluted basis. The deal includes an investor rights agreement, granting Barrick anti-dilution and information rights, and a right of first refusal in respect of the sale by Hercules of any interest in its Hercules Silver Project.

Portfolio Pulse from Benzinga Newsdesk

November 06, 2023 | 2:18 pm

Shares of precious metals stocks are trading higher due to a drop in the US dollar index.

Portfolio Pulse from Benzinga Newsdesk

November 03, 2023 | 6:57 pm

Barrick Gold Corp (NYSE:GOLD) reported Q3 2023 revenue growth of 13% Y/Y to $2.86 billion, missing the consensus of $2.892 billion. Gold production increased by 5% Y/Y to 1.04 million ounces, while copper production declined by 9% Y/Y. The company plans to focus on boosting its copper portfolio. The company's shares are trading higher by 0.04% at $16.04.

Portfolio Pulse from Lekha Gupta

November 02, 2023 | 6:54 pm

Barrick Gold's Q3 adjusted EPS was $0.24, beating the estimate of $0.20. However, the company's revenue of $2.862B fell short of the estimated $2.892B.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 10:01 am

Large-cap ETFs have seen significant changes in net assets over the past week. Winners include VanEck Gold Miners ETF (GDX) and SPDR Gold Shares (GLD), both of which have seen increases due to the rise in gold prices. Losers include Consumer Discretionary Select Sector SPDR Fund (XLY) and iShares 20+ Year Treasury Bond ETF (TLT), both of which have seen decreases.

Portfolio Pulse from Johnny Rice

October 24, 2023 | 10:26 am

A large investor has taken a bullish stance on Barrick Gold (NYSE:GOLD), with 70% of big-money traders also bullish. The overall sentiment is split between 70% bullish and 30% bearish. The price of GOLD is up 0.85% at $16.56. Analysts from BMO Capital, Raymond James, Jefferies, and UBS have maintained their ratings on Barrick Gold with price targets of $30, $25, $15, and $23 respectively.

Portfolio Pulse from Benzinga Insights

October 18, 2023 | 6:00 pm

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