GOLD icon

Barrick Gold

17.04 USD
-0.14
0.81%
At close Feb 7, 4:00 PM EST
Pre-market
17.56
+0.52
3.05%
1 day
-0.81%
5 days
3.78%
1 month
9.44%
3 months
-7.79%
6 months
1.37%
Year to date
6.70%
1 year
14.13%
5 years
-6.32%
10 years
31.08%
 

About: Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.

Employees: 24,600

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

22% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 72

17% more capital invested

Capital invested by funds: $17B [Q2] → $19.9B (+$2.9B) [Q3]

15% more call options, than puts

Call options by funds: $1.04B | Put options by funds: $906M

11% more funds holding in top 10

Funds holding in top 10: 19 [Q2] → 21 (+2) [Q3]

1% more funds holding

Funds holding: 699 [Q2] → 708 (+9) [Q3]

1.13% less ownership

Funds ownership: 57.98% [Q2] → 56.84% (-1.13%) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 223 | Existing positions reduced: 250

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$18
6%
upside
Avg. target
$21
21%
upside
High target
$25
47%
upside

3 analyst ratings

positive
33%
neutral
67%
negative
0%
B of A Securities
Michael Jalonen
75% 1-year accuracy
3 / 4 met price target
6%upside
$18
Neutral
Downgraded
27 Jan 2025
Scotiabank
Tanya Jakusconek
71% 1-year accuracy
15 / 21 met price target
12%upside
$19
Sector Perform
Downgraded
21 Jan 2025
Raymond James
Brian MacArthur
23% 1-year accuracy
3 / 13 met price target
47%upside
$25
Outperform
Maintained
25 Nov 2024

Financial journalist opinion

Based on 21 articles about GOLD published over the past 30 days

Positive
Zacks Investment Research
2 days ago
Barrick Gold Trading Cheaper Than Industry: Should You Buy the Stock?
While GOLD's efforts to advance key projects, solid financial health and a safe dividend yield paint a promising picture, its high costs warrant caution.
Barrick Gold Trading Cheaper Than Industry: Should You Buy the Stock?
Positive
Kitco
3 days ago
Barrick reports significant reserve growth in 2024
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Barrick reports significant reserve growth in 2024
Neutral
GlobeNewsWire
4 days ago
Barrick Grows Gold and Copper Reserves Significantly, Setting It Apart From Peers as It Positions for Growth
All amounts expressed in US dollars TORONTO, Feb. 06, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) grew attributable proven and probable gold mineral reserves by 17.4 million ounces4 (23%) before 2024 depletion. Attributable proven and probable mineral reserves now stand at 89 million ounces at 0.99g/t2, increasing from 77 million ounces at 1.65g/t3 in 2023.
Barrick Grows Gold and Copper Reserves Significantly, Setting It Apart From Peers as It Positions for Growth
Positive
Seeking Alpha
5 days ago
Stock Picks From Seeking Alpha's January 2025 New Analysts
In January, Seeking Alpha welcomed 29 new analysts. This article introduces them and showcases some of their top picks. Analysts highlighted include The Conservative Investor recommending Dassault Aviation, Christopher Gray on ASML Holding, and Inflexio Research on Bragg Gaming Group, all rated as Buys. Analysts' diverse backgrounds span sectors like technology, finance, and consumer staples, with investment strategies focusing on value, growth, and special situations.
Stock Picks From Seeking Alpha's January 2025 New Analysts
Neutral
Seeking Alpha
5 days ago
Barrick Gold: Gold Price Headed To The Moon
Barrick Gold Corporation stock is a strong investment due to anticipated gold price increases driven by rising inflation and economic uncertainties. Gold's value is resilient against inflation, with macro indicators suggesting prices may exceed $2800 per ounce. Economic uncertainties, including inflation, tariffs, and trade tensions, are likely to drive gold prices higher.
Barrick Gold: Gold Price Headed To The Moon
Neutral
Bloomberg Markets and Finance
5 days ago
Barrick Gold CEO on Prices, World Risk, Dispute With Mali, M&A, Share Buybacks
Barrick Gold Chief Executive Officer Mark Bristow says the company is “making progress” in its dispute with Mali's military regime, but the advances haven't come as fast as expected. The CEO of the world's No.
Barrick Gold CEO on Prices, World Risk, Dispute With Mali, M&A, Share Buybacks
Neutral
Zacks Investment Research
6 days ago
Barrick Gold (GOLD) Ascends While Market Falls: Some Facts to Note
Barrick Gold (GOLD) concluded the recent trading session at $16.56, signifying a +1.16% move from its prior day's close.
Barrick Gold (GOLD) Ascends While Market Falls: Some Facts to Note
Positive
Zacks Investment Research
1 week ago
Barrick Gold's Kibali Mine Gives a Strong Performance in Q4
GOLD's Kibali has recorded a high performance in the last quarter of 2024, building the foundation for strong results in 2025 and beyond.
Barrick Gold's Kibali Mine Gives a Strong Performance in Q4
Neutral
GlobeNewsWire
1 week ago
Barrick's Kibali Ends 2024 With Strong Performance
All amounts expressed in US dollars KINSHASA, Democratic Republic of Congo, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) – Barrick's Kibali gold mine achieved an improved performance in the last quarter of the year, culminating in the highest yearly throughput since its commissioning. This milestone underscores the mine's continued focus on operational excellence and its capacity to deliver strong results.
Barrick's Kibali Ends 2024 With Strong Performance
Neutral
Zacks Investment Research
1 week ago
Barrick's Lumwana Among Top Contributors to Zambia's Economic Growth
GOLD contributes highly to Zambia's economic growth and the advancement of local content in Zambia.
Barrick's Lumwana Among Top Contributors to Zambia's Economic Growth
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