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.
Strategic Positioning | Learn how Barrick's focus on ESG, cost control, and international partnerships strengthens its competitive edge in the global mining landscape |
Financial Outlook | Analysts project revenue of $3,203 million for Q2 2024, with EPS estimates of $0.22. Average price target stands at $26, indicating potential upside |
Exploration Upside | Delve into Barrick's exciting exploration prospects across Africa and the Middle East, potentially driving future growth and resource expansion |
Production Hurdles | Explore Barrick Gold's recent production challenges, including shortfalls at key mines, and the company's strategies to overcome these obstacles in the latter half of 2024 |
Metrics to compare | GOLD | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipGOLDPeersSector | |
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P/E Ratio | 17.2x | 10.3x | −0.1x | |
PEG Ratio | 0.00 | 0.02 | 0.00 | |
Price / Book | 1.2x | 1.3x | 1.6x | |
Price / LTM Sales | 2.3x | 2.0x | 1.2x | |
Upside (Analyst Target) | 40.6% | 27.2% | 31.3% | |
Fair Value Upside | Unlock | 19.3% | 3.0% | Unlock |