ABX : Barrick Gold Corp Stock Profile
Qayyum Rajan is a CFA Charterholder who has previously worked at CIBC, RBC Dominion Securities and Sentry Investments before creating his own fintech ventures.He has been a financial advisor, analyst and portfolio manager who is passionate about helping people reach their financial goals.Qayyum is the owner of Wealth Awesome where he writes financial content and creates tools for over 20,000 Canadian investors.
Expertises: finance, investment, stocks
Overview
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.
ABX.TO Stock Price and Key Stats
ABX Stock Key Stats
Exchange: TSX
Market Cap : $48094.912MM
PE Ratio: 23.453
Price: (Updated: )
Barrick Gold Corp (ABX) vs Competitors in Gold
Lets see how ABX.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
---|---|---|---|---|
Barrick Gold Corporation (ABX) | $48,094.912 | 23.453 | 6.373 | 2.0% |
Agnico Eagle Mines Limited (AEM) | $55,584.383 | 70.662 | 15.006 | 2.0% |
Alamos Gold Inc (AGI) | $11,546.443 | 40.456 | 14.746 | 0.5% |
Galiano Gold Inc (AKG) | $353.306 | N/A | 0.0 | 0.0% |
Alio Gold Inc (ALO) | $168.547 | N/A | 0.0 | 0.0% |
Comparisons within Gold
- Barrick Gold Corp (ABX) vs Barrick Gold Corporation (ABX)
- ABX has higher EPS (1.17 vs 1.17). ABX has higher dividend yield (2.0% vs 2.0%). ABX has a higher P/E ratio (23.453 vs 23.453) indicating it’s more expensive.
- Barrick Gold Corp (ABX) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (1.57 vs 1.17). AEM has higher dividend yield (2.0% vs 2.0%). AEM has a higher P/E ratio (70.662 vs 23.453) indicating it’s more expensive.
- Barrick Gold Corp (ABX) vs Alamos Gold Inc (AGI)
- ABX has higher EPS (1.17 vs 0.68). ABX has higher dividend yield (2.0% vs 0.5%). AGI has a higher P/E ratio (40.456 vs 23.453) indicating it’s more expensive.
- Barrick Gold Corp (ABX) vs Galiano Gold Inc (AKG)
- ABX has higher EPS (1.17 vs -0.003). ABX has higher dividend yield (2.0% vs 0.0%). AKG has a P/E under 0, indicating ABX (P/E 23.453) is in a better position.
- Barrick Gold Corp (ABX) vs Alio Gold Inc (ALO)
- ABX has higher EPS (1.17 vs -0.274). ABX has higher dividend yield (2.0% vs 0.0%). ALO has a P/E under 0, indicating ABX (P/E 23.453) is in a better position.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (23.45) than the industry average (40.28), indicating potential undervaluation. Features a lower EV/EBITDA ratio (6.37) than the industry average (21.18), indicating attractive valuation.
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