Barrick Gold is a leading gold mining company in the world. The company engages primarily in gold and copper operations as well as exploration and mine development.
Barrick Gold’s recent merger with Randgold Resources has created a sector-leading gold mining company. Barrick Gold owns five of the world’s Top 10 Tier 1 gold assets such as Cortez and Goldstrike in Nevada, USA and Kibali mine in Africa.
The company has mining operations in 15 countries, including Argentina, Australia, Canada, Chile, the US, Saudi Arabia, Zambia, etc. Barrick Gold sells its products in the world market through different distribution channels like the gold spot market and independent smelting companies.
The company is the owner of a diversified asset portfolio located in many of the world’s richest gold areas. Barrick has the lowest cash cost position amongst its peers.
Barrick Gold Stock Details
- Ticker: tse:abx
- Sector: Basic Materials
- Industry: Gold
- Market Cap: 37.38B
- Market Cap Group: Large Cap
- P/E: 21.79
- Dividend Yield: 2.53%
- Grade: C
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 2/10
- Dividend Income Fit: 5/10
ABX Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| NGT | TSE:NGT | Newmont | 52.65 | 0.00 | 2.94 | NO | 1 | 1 | 46 |
| ABX | TSE:ABX | Barrick Gold | 37.38 | 21.79 | 2.53 | YES | 1 | 1 | 46 |
| AEM | TSE:AEM | Agnico Eagle Mines | 36.63 | 13.30 | 2.93 | YES | 1 | 1 | 46 |
| FNV | TSE:FNV | Franco-Nevada Corp | 29.83 | 31.77 | 1.25 | YES | 1 | 1 | 46 |
| WPM | TSE:WPM | Wheaton Precious Metals Corp | 27.34 | 37.90 | 1.34 | YES | 1 | 1 | 46 |
| K | TSE:K | Kinross Gold | 8.90 | 15.99 | 2.23 | NO | 1 | 1 | 46 |
| YRI | TSE:YRI | Yamana Gold | 7.57 | 21.87 | 2.03 | NO | 1 | 1 | 46 |
| AGI | TSE:AGI | Alamos Gold | 7.16 | 25.31 | 0.75 | NO | 1 | 1 | 46 |
| BTO | TSE:BTO | B2Gold | 4.64 | 113.51 | 6.06 | NO | 1 | 1 | 46 |
| OR | TSE:OR | Osisko Gold Royalties | 4.05 | 0.00 | 1.10 | NO | 1 | 1 | 46 |
| CEE | TSE:CEE | Centamin PLC | 2.08 | 20.02 | 3.03 | NO | 1 | 1 | 46 |
| DPM | TSE:DPM | Dundee Precious Metals | 1.82 | 7.44 | 2.15 | NO | 1 | 1 | 46 |
| CG | TSE:CG | Centerra Gold | 1.63 | 0.00 | 3.70 | NO | 1 | 1 | 46 |
Barrick Gold - FAQ
What is the stock ticker for Barrick Gold?
The stock ticker for Barrick Gold is TSE:ABX.
Is Barrick Gold a good stock to buy?
You need to consider your investment strategy and how TSE:ABX can fit in your portfolio.
The current dividend income score of 5/10 and dividend growth score of 2/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Barrick Gold a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 42 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Barrick Gold?
You can easily buy the ABX stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.