Thinking of Buying Barrick Gold (GOLD)? Here's What You Need to Know.

Shares of Basic Materials sector company Barrick Gold moved 1.5% today, and are now trading at a price of $16.7. The large-cap stock's daily volume was 5,602,750 compared to its average volume of 15,145,687. The S&P 500 index returned a -0.0% performance.

21 analysts are following Barrick Gold and have set target prices ranging from $17.8 to $28.0 per share. On average, they have given the company a rating of buy. At today's prices, GOLD is trading -28.45% away from its average analyst target price of $23.34 per share.

Over the last year, GOLD shares have gone down by -13.6%, which represents a difference of -25.0% when compared to the S&P 500. The stock's 52 week high is $20.75 per share and its 52 week low is $13.01. Although Barrick Gold's average free cash flow over the last 4 years has been $1.72 Billion, they have been decreasing at an average rate of -21.4%. For this reason, investors may continue to shun the stock.

Date Reported Cash Flow from Operations ($ k) Capital expenditures ($ k) Free Cashflow ($ k) YoY Growth (%)
2022-12-31 3,481,000 -3,049,000 432,000 -77.77
2021-12-31 4,378,000 -2,435,000 1,943,000 -42.22
2020-12-31 5,417,000 -2,054,000 3,363,000 197.08
2019-12-31 2,833,000 -1,701,000 1,132,000 n/a
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

IN FOCUS