Essential Facts About Barrick Gold – A Comprehensive Overview

More and more people are talking about Barrick Gold over the last few weeks. Is it worth buying the Silver stock at a price of $17.82? Only time will tell. The information below will give you a basic idea of what this investment may entail:

  • Barrick Gold has moved -1.9% over the last year, and the S&P 500 logged a change of 26.4%

  • GOLD has an average analyst rating of buy and is -19.6% away from its mean target price of $22.17 per share

  • Its trailing earnings per share (EPS) is $0.82

  • Barrick Gold has a trailing 12 month Price to Earnings (P/E) ratio of 21.7 while the S&P 500 average is 15.97

  • Its forward earnings per share (EPS) is $1.37 and its forward P/E ratio is 13.0

  • The company has a Price to Book (P/B) ratio of 1.33 in contrast to the S&P 500's average ratio of 2.95

  • Barrick Gold is part of the Basic Materials sector, which has an average P/E ratio of 16.53 and an average P/B of 2.07

  • GOLD has reported YOY quarterly earnings growth of 145.7% and gross profit margins of 0.3%

  • The company has a free cash flow of $567.75 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter

  • Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the 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 in the Americas, Asia, and Africa. Barrick Gold Corporation was founded in 1983 and is based in Toronto, Canada.

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.

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