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ABX : Barrick Gold Corp Stock Profile

ABX : Barrick Gold Corp Stock Profile

Last Updated: 3/12/2024 0:47:16

Barrick Gold Corp trades with the ticker ABX on the TSX and is in the Gold industry.

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.
 

Looking to invest in Barrick Gold Corp? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

ABX.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $37376.086MM

PE Ratio: 21.948

Price: 21.41 (Updated: 3/12/2024 0:47:16)



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) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Barrick Gold Corp (ABX) vs Barrick Gold Corporation (ABX)
    • ABX has higher EPS (0.97 vs 0.97). ABX has higher dividend yield (2.6% vs 2.6%). ABX has a higher P/E ratio (21.948 vs 21.948) indicating it’s more expensive.
  • Barrick Gold Corp (ABX) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 0.97). AEM has higher dividend yield (2.9% vs 2.6%). ABX has a higher P/E ratio (21.948 vs 14.049) indicating it’s more expensive.
  • Barrick Gold Corp (ABX) vs Alamos Gold Inc (AGI)
    • ABX has higher EPS (0.97 vs 0.71). ABX has higher dividend yield (2.6% vs 0.8%). AGI has a higher P/E ratio (25.408 vs 21.948) indicating it’s more expensive.
  • Barrick Gold Corp (ABX) vs Galiano Gold Inc (AKG)
    • ABX has higher EPS (0.97 vs -0.003). ABX has higher dividend yield (2.6% vs 0.0%). AKG has a P/E under 0, indicating ABX (P/E 21.948) is in a better position.
  • Barrick Gold Corp (ABX) vs Alio Gold Inc (ALO)
    • ABX has higher EPS (0.97 vs -0.274). ABX has higher dividend yield (2.6% vs 0.0%). ALO has a P/E under 0, indicating ABX (P/E 21.948) 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 (21.95) than the industry average (25.02), indicating potential undervaluation. Features a lower EV/EBITDA ratio (7.46) than the industry average (49.88), indicating attractive valuation.
 

How to Buy ABX stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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