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How to buy Barrick Gold Corporation stock | 27.02

Own Barrick Gold Corporation stock in just a few minutes.

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Barrick Gold Corporation is a gold business based in the US. Barrick Gold Corporation shares (GOLD) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Barrick Gold Corporation

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Barrick Gold Corporation. Find the stock by name or ticker symbol: GOLD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Barrick Gold Corporation reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$27.02, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Barrick Gold Corporation, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Barrick Gold Corporation. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Barrick Gold Corporation's share price?

Since the stock market crash in March caused by coronavirus, Barrick Gold Corporation's share price has had significant positive movement.

Its last market close was USD$27.02, which is 20.65% up on its pre-crash value of USD$21.44 and 113.60% up on the lowest point reached during the March crash when the shares fell as low as USD$12.65.

If you had bought USD$1,000 worth of Barrick Gold Corporation shares at the start of February 2020, those shares would have been worth USD$926.07 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,477.99.

Barrick Gold Corporation share price

Use our graph to track the performance of GOLD stocks over time.

Barrick Gold Corporation shares at a glance

Information last updated 2020-10-20.
Latest market closeUSD$27.02
52-week rangeUSD$12.65 - USD$31.22
50-day moving average USD$28.5174
200-day moving average USD$26.945
Wall St. target priceUSD$34.12
PE ratio 10.9405
Dividend yield USD$0.32 (1.18%)
Earnings per share (TTM) USD$2.494

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Barrick Gold Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Barrick Gold Corporation price performance over time

Historical closes compared with the close of $27.02 from 2020-10-19

1 week (2020-10-15) -2.63%
1 month (2020-09-22) -4.93%
3 months (2020-07-22) -5.26%
6 months (2020-04-22) 2.04%
1 year (2019-10-22) 62.77%
2 years (2018-10-22) 106.42%
3 years (2017-10-20) 68.56%
5 years (2015-10-22) 255.99%

Is Barrick Gold Corporation under- or over-valued?

Valuing Barrick Gold Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Barrick Gold Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Barrick Gold Corporation's P/E ratio

Barrick Gold Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Barrick Gold Corporation shares trade at around 11x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Barrick Gold Corporation's PEG ratio

Barrick Gold Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.07. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Barrick Gold Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Barrick Gold Corporation's EBITDA

Barrick Gold Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$5.6 billion.

The EBITDA is a measure of a Barrick Gold Corporation's overall financial performance and is widely used to measure a its profitability.

Barrick Gold Corporation financials

Revenue TTM USD$11.3 billion
Operating margin TTM 33.38%
Gross profit TTM USD$2.9 billion
Return on assets TTM 6.08%
Return on equity TTM 22.33%
Profit margin 39%
Book value $12.391
Market capitalisation USD$47.9 billion

TTM: trailing 12 months

Shorting Barrick Gold Corporation shares

There are currently 17.2 million Barrick Gold Corporation shares held short by investors – that's known as Barrick Gold Corporation's "short interest". This figure is 25.3% down from 23.0 million last month.

There are a few different ways that this level of interest in shorting Barrick Gold Corporation shares can be evaluated.

Barrick Gold Corporation's "short interest ratio" (SIR)

Barrick Gold Corporation's "short interest ratio" (SIR) is the quantity of Barrick Gold Corporation shares currently shorted divided by the average quantity of Barrick Gold Corporation shares traded daily (recently around 17.3 million). Barrick Gold Corporation's SIR currently stands at 0.99. In other words for every 100,000 Barrick Gold Corporation shares traded daily on the market, roughly 990 shares are currently held short.

However Barrick Gold Corporation's short interest can also be evaluated against the total number of Barrick Gold Corporation shares, or, against the total number of tradable Barrick Gold Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Barrick Gold Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Barrick Gold Corporation shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Barrick Gold Corporation shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Barrick Gold Corporation.

Find out more about how you can short Barrick Gold Corporation stock.

Barrick Gold Corporation's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Barrick Gold Corporation.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Barrick Gold Corporation's total ESG risk score

Total ESG risk: 37.35

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Barrick Gold Corporation's overall score of 37.35 (as at 10/01/2020) is pretty weak – landing it in it in the 77th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Barrick Gold Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Barrick Gold Corporation's environmental score

Environmental score: 19.16/100

Barrick Gold Corporation's environmental score of 19.16 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Barrick Gold Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Barrick Gold Corporation's social score

Social score: 14.17/100

Barrick Gold Corporation's social score of 14.17 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Barrick Gold Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Barrick Gold Corporation's governance score

Governance score: 9.02/100

Barrick Gold Corporation's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Barrick Gold Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Barrick Gold Corporation's controversy score

Controversy score: 4/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Barrick Gold Corporation scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that Barrick Gold Corporation has a damaged public profile.

Environmental, social, and governance (ESG) summary

Barrick Gold Corporation was last rated for ESG on: 2020-10-01.

Total ESG score 37.35
Total ESG percentile 77.16
Environmental score 19.16
Environmental score percentile 5
Social score 14.17
Social score percentile 5
Governance score 9.02
Governance score percentile 5
Level of controversy 4

Barrick Gold Corporation share dividends

38%

Dividend payout ratio: 38.03% of net profits

Recently Barrick Gold Corporation has paid out, on average, around 38.03% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.18% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Barrick Gold Corporation shareholders could enjoy a 1.18% return on their shares, in the form of dividend payments. In Barrick Gold Corporation's case, that would currently equate to about $0.32 per share.

While Barrick Gold Corporation's payout ratio might seem fairly standard, it's worth remembering that Barrick Gold Corporation may be investing much of the rest of its net profits in future growth.

Barrick Gold Corporation's most recent dividend payout was on 15 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 28 August 2020 (the "ex-dividend date").

Have Barrick Gold Corporation's shares ever split?

Barrick Gold Corporation's shares were split on a 2:1 basis on 2 March 1993. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Barrick Gold Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Barrick Gold Corporation shares which in turn could have impacted Barrick Gold Corporation's share price.

Barrick Gold Corporation share price volatility

Over the last 12 months, Barrick Gold Corporation's shares have ranged in value from as little as $12.65 up to $31.22. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Barrick Gold Corporation's is 0.2668. This would suggest that Barrick Gold Corporation's shares are less volatile than average (for this exchange).

Barrick Gold Corporation overview

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Papua New Guinea, 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 throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

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