Barrick Gold Corp Stock Performance
| ABX Stock | CAD 23.76 0.23 0.96% |
The firm shows a Beta (market volatility) of 0.12, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Barrick Gold's returns are expected to increase less than the market. However, during the bear market, the loss of holding Barrick Gold is expected to be smaller as well. At this point, Barrick Gold Corp has a negative expected return of -0.14%. Please make sure to confirm Barrick Gold's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Barrick Gold Corp performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Barrick Gold Corp has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest unfluctuating performance, the Stock's basic indicators remain healthy and the recent disarray on Wall Street may also be a sign of long period gains for the firm investors. ...more
Forward Dividend Yield 0.0237 | Payout Ratio | Last Split Factor 2:1 | Forward Dividend Rate 0.57 | Dividend Date 2024-12-16 |
1 | Gemsstock Ltd. Purchases 518,900 Shares of Barrick Gold Corp - MarketBeat | 11/20/2024 |
2 | Barrick Gold Stock Falls 21 percent in 3 Months Should You Buy the Dip - Yahoo Finance | 01/07/2025 |
3 | Raymond James Forecasts Stronger Earnings for Barrick Gold - MarketBeat | 01/17/2025 |
| Begin Period Cash Flow | 4.4 B |
Barrick |
Barrick Gold Relative Risk vs. Return Landscape
If you would invest 2,616 in Barrick Gold Corp on November 4, 2024 and sell it today you would lose (240.00) from holding Barrick Gold Corp or give up 9.17% of portfolio value over 90 days. Barrick Gold Corp is producing return of less than zero assuming 1.7964% volatility of returns over the 90 days investment horizon. Simply put, 16% of all stocks have less volatile historical return distribution than Barrick Gold, and 99% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Barrick Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Barrick Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Barrick Gold Corp, and traders can use it to determine the average amount a Barrick Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.0761
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Estimated Market Risk
| 1.8 actual daily | 16 84% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.08 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Barrick Gold is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Barrick Gold by adding Barrick Gold to a well-diversified portfolio.
Barrick Gold Fundamentals Growth
Barrick Stock prices reflect investors' perceptions of the future prospects and financial health of Barrick Gold, and Barrick Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Barrick Stock performance.
| Return On Equity | 0.0773 | ||||
| Return On Asset | 0.0415 | ||||
| Profit Margin | 0.13 % | ||||
| Operating Margin | 0.31 % | ||||
| Current Valuation | 42.66 B | ||||
| Shares Outstanding | 1.75 B | ||||
| Price To Earning | 13.40 X | ||||
| Price To Book | 1.22 X | ||||
| Price To Sales | 3.40 X | ||||
| Revenue | 11.4 B | ||||
| Gross Profit | 4.24 B | ||||
| EBITDA | 5.21 B | ||||
| Net Income | 1.95 B | ||||
| Cash And Equivalents | 3 M | ||||
| Cash Per Share | 3.27 X | ||||
| Total Debt | 5.22 B | ||||
| Debt To Equity | 0.16 % | ||||
| Current Ratio | 3.95 X | ||||
| Book Value Per Share | 13.63 X | ||||
| Cash Flow From Operations | 3.73 B | ||||
| Earnings Per Share | 1.31 X | ||||
| Market Capitalization | 41.94 B | ||||
| Total Asset | 45.81 B | ||||
| Retained Earnings | (6.71 B) | ||||
| Working Capital | 5.08 B | ||||
| Current Asset | 5.47 B | ||||
| Current Liabilities | 1.85 B | ||||
About Barrick Gold Performance
By examining Barrick Gold's fundamental ratios, stakeholders can obtain critical insights into Barrick Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Barrick Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 73.80 | 78.27 | |
| Return On Tangible Assets | 0.03 | 0.04 | |
| Return On Capital Employed | 0.05 | 0.07 | |
| Return On Assets | 0.03 | 0.02 | |
| Return On Equity | 0.06 | 0.07 |
Things to note about Barrick Gold Corp performance evaluation
Checking the ongoing alerts about Barrick Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Barrick Gold Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Barrick Gold Corp generated a negative expected return over the last 90 days | |
| About 62.0% of the company shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Raymond James Forecasts Stronger Earnings for Barrick Gold - MarketBeat |
- Analyzing Barrick Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Barrick Gold's stock is overvalued or undervalued compared to its peers.
- Examining Barrick Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Barrick Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Barrick Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Barrick Gold's stock. These opinions can provide insight into Barrick Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Barrick Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.