Hide

FocusBar

FeedbackFeedback
Subscribe to Premium Member
18.01 (1y: -53%)
Market Cap 18.92 B P/E(ttm)
Enterprise Value 31.38 B P/B 0.90
ABX- NYSE (USA)
Barrick Gold Corporation
  • Currently 1/5
Business Predictability Rank: 1-Star (On Watch)
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$18.01
Switch to:

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 5/10

vs
industry		 vs
history
Cash to Debt 0.15
ABX's Cash to Debt is ranked higher than
77% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 0.15 )
ABX' s 10-Year Cash to Debt Range
Min: 0.15   Max: 1.39
Current: 0.15
0.15
1.39
Equity to Asset 0.462
ABX's Equity to Asset is ranked higher than
81% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 0.462 )
ABX' s 10-Year Equity to Asset Range
Min: 0.46   Max: 0.78
Current: 0.46
0.46
0.78
F-Score: 3
Z-Score: 0.83
M-Score: -3.26
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) -5.70
ABX's Operating margin (%) is ranked higher than
51% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -5.70 )
ABX' s 10-Year Operating margin (%) Range
Min: -72.4   Max: 46.6
Current: -5.7
-72.4
46.6
Net-margin (%) -4.6
ABX's Net-margin (%) is ranked higher than
52% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -4.6 )
ABX' s 10-Year Net-margin (%) Range
Min: -57.6   Max: 31.3
Current: -4.6
-57.6
31.3
ROE (%) -3
ABX's ROE (%) is ranked higher than
52% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -3 )
ABX' s 10-Year ROE (%) Range
Min: -28.4   Max: 19.2
Current: -3
-28.4
19.2
ROA (%) -1.4
ABX's ROA (%) is ranked higher than
52% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -1.4 )
ABX' s 10-Year ROA (%) Range
Min: -16.9   Max: 9.8
Current: -1.4
-16.9
9.8
ROC (Joel Greenblatt) (%) -2.80
ABX's ROC (Joel Greenblatt) (%) is ranked higher than
51% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -2.80 )
ABX' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -28   Max: 24.9
Current: -2.8
-28
24.9
Revenue Growth (%) 12.7
ABX's Revenue Growth (%) is ranked higher than
94% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 12.7 )
ABX' s 10-Year Revenue Growth (%) Range
Min: -3.6   Max: 41.5
Current: 12.7
-3.6
41.5
EPS Growth (%) -38.9
ABX's EPS Growth (%) is ranked lower than
52% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -38.9 )
ABX' s 10-Year EPS Growth (%) Range
Min: -38.9   Max: 49.8
Current: -38.9
-38.9
49.8
» ABX's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ABX Guru Trades in Q2 2012

Julian Robertson 263,000 sh (New)
Bruce Kovner 100,000 sh (New)
John Hussman 2,100,000 sh (+365.63%)
Steven Cohen 507,030 sh (+325.34%)
David Einhorn 1,967,500 sh (+94.32%)
Jim Simons 2,123,803 sh (+70.59%)
David Dreman 93,374 sh (+29.04%)
Jean-Marie Eveillard 2,567,929 sh (+5.7%)
John Paulson 915,000 sh (unchged)
Tom Russo 165 sh (unchged)
Daniel Loeb Sold Out
RS Investment Management Sold Out
Mario Gabelli 74,970 sh (-0.58%)
NWQ Managers 7,266,604 sh (-9.14%)
Scott Black 43,623 sh (-15.58%)
» More
Q3 2012

ABX Guru Trades in Q3 2012

John Burbank 365,000 sh (New)
Pioneer Investments 147,000 sh (New)
Julian Robertson 383,500 sh (+45.82%)
Mario Gabelli 86,730 sh (+15.69%)
Jean-Marie Eveillard 2,835,541 sh (+10.42%)
David Dreman 100,133 sh (+7.24%)
Tom Russo 165 sh (unchged)
David Einhorn 1,967,500 sh (unchged)
John Paulson 915,000 sh (unchged)
Jim Simons Sold Out
Bruce Kovner Sold Out
Scott Black 42,583 sh (-2.38%)
NWQ Managers 6,912,236 sh (-4.88%)
Steven Cohen 81,999 sh (-83.83%)
John Hussman 325,000 sh (-84.52%)
» More
Q4 2012

ABX Guru Trades in Q4 2012

Jim Simons 1,633,103 sh (New)
Ray Dalio 170,290 sh (New)
John Hussman 1,900,000 sh (+484.62%)
David Dreman 139,509 sh (+39.32%)
Jean-Marie Eveillard 3,891,008 sh (+37.22%)
Mario Gabelli 90,610 sh (+4.47%)
David Einhorn 1,967,500 sh (unchged)
John Paulson 915,000 sh (unchged)
Tom Russo 165 sh (unchged)
John Burbank Sold Out
Julian Robertson Sold Out
NWQ Managers 6,225,187 sh (-9.94%)
Pioneer Investments 128,500 sh (-12.59%)
Scott Black 36,873 sh (-13.41%)
Steven Cohen 7,714 sh (-90.59%)
» More
Q1 2013

ABX Guru Trades in Q1 2013

Paul Tudor Jones 75,000 sh (New)
John Burbank 105,300 sh (New)
Julian Robertson 339,600 sh (New)
Steven Cohen 662,419 sh (+8487.23%)
NWQ Managers 8,491,106 sh (+36.4%)
John Paulson 360,000 sh (unchged)
David Einhorn 1,967,500 sh (unchged)
Tom Russo 165 sh (unchged)
Murray Stahl 87,500 sh (unchged)
Pioneer Investments Sold Out
John Paulson Sold Out
David Dreman Sold Out
Mario Gabelli 89,770 sh (-0.93%)
Jean-Marie Eveillard 3,664,508 sh (-5.82%)
Scott Black 29,344 sh (-20.42%)
John Hussman 1,400,000 sh (-26.32%)
Jim Simons 1,009,203 sh (-38.2%)
Ray Dalio 65,800 sh (-61.36%)
» More
» Details

Insider Trades

Latest Guru Trades with ABX

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Julian Robertson 2013-03-31 New Buy1.3%$28.52 - $35.53 $ 18.01-43%339600
John Hussman 2013-03-31 Reduce -26.32%0.47%$28.52 - $35.53 $ 18.01-43%1400000
John Paulson 2013-03-31 Sold Out 0.2%$28.52 - $35.53 $ 18.01-43%0
David Dreman 2013-03-31 Sold Out 0.14%$28.52 - $35.53 $ 18.01-43%0
John Burbank 2013-03-31 New Buy0.12%$28.52 - $35.53 $ 18.01-43%105300
Ray Dalio 2013-03-31 Reduce -61.36%0.04%$28.52 - $35.53 $ 18.01-43%65800
Scott Black 2013-03-31 Reduce -20.42%0.04%$28.52 - $35.53 $ 18.01-43%29344
Julian Robertson 2012-12-31 Sold Out 3.5%$33.27 - $42.19 $ 18.01-50%0
John Hussman 2012-12-31 Add 484.62%1.49%$33.27 - $42.19 $ 18.01-50%1900000
John Burbank 2012-12-31 Sold Out 0.7%$33.27 - $42.19 $ 18.01-50%0
Jean-Marie Eveillard 2012-12-31 Add 37.22%0.13%$33.27 - $42.19 $ 18.01-50%3891008
Ray Dalio 2012-12-31 New Buy0.06%$33.27 - $42.19 $ 18.01-50%170290
David Dreman 2012-12-31 Add 39.32%0.04%$33.27 - $42.19 $ 18.01-50%139509
John Hussman 2012-09-30 Reduce -84.52%1.27%$32.15 - $42.74 $ 18.01-51%325000
Julian Robertson 2012-09-30 Add 45.82%1.1%$32.15 - $42.74 $ 18.01-51%383500
John Burbank 2012-09-30 New Buy0.7%$32.15 - $42.74 $ 18.01-51%365000
Julian Robertson 2012-06-30 New Buy2.8%$35.18 - $43.91 $ 18.01-54%263000
John Hussman 2012-06-30 Add 365.63%1.18%$35.18 - $43.91 $ 18.01-54%2100000
Daniel Loeb 2012-06-30 Sold Out 0.26%$35.18 - $43.91 $ 18.01-54%0
David Dreman 2012-06-30 Add 29.04%0.02%$35.18 - $43.91 $ 18.01-54%93374
Premium More recent guru trades are included for Premium Members only!!
» Financial Charts

Peter Lynch Chart

Top Ranked Articles about Barrick Gold Corporation

Weekly Guru Bargains Highlights: ABX, HMY, AU, AAPL, GOLD
May 28, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus bought them. Read more...
Weekly Guru Bargains Highlights: GG, ABX, GFI, PAY, TFM
April 14, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus bought them. Read more...
Weekly Guru Bargain Highlights: TFM, ABX, AU, PAY, GG
April 7, 2013
According to GuruFocus updates, these stocks have declined the most since Gurus bought them. Read more...
Guru Stocks at 52-Week Low: EC, ABX, PKX, MT, EQR
April 1, 2013
According to GuruFocus' list of 52-week lows, these Guru stocks have reached their 52-week lows. Read more...
Guru Stocks at 52-Week Lows: BIDU, ABX, APA, PKX, MT
March 25, 2013
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. Read more...
Weekly Three-Year Low Highlights: ABX, ECA, TI, NFX
March 4, 2013
According to GuruFocus list of 3-year lows, Barrick Gold Corporation, Encana Corp, Telecom Italia SpA, and Newfield Exploration Company have all reached their three-year lows. Read more...
3-Year Low Stocks: ABX, NEM, IAG, UPL, PSMI
February 3, 2013
According to GuruFocus' list of three-year lows, Barrick Gold Corp., Newmont Mining Corp., Iamgold Corp., Ultra Petroleum Corp. and Peregrine Semiconductor Corp. have all reached their three year lows. Read more...

Ratios

vs
industry		 vs
history
P/B 0.90
ABX's P/B is ranked higher than
75% of the 1139 Companies
in the Global Gold industry.

( Industry Median: 0.92 vs. ABX: 0.90 )
ABX' s 10-Year P/B Range
Min: 0.81   Max: 25
Current: 0.9
0.81
25
P/S 1.26
ABX's P/S is ranked higher than
75% of the 1200 Companies
in the Global Gold industry.

( Industry Median: 1.58 vs. ABX: 1.26 )
ABX' s 10-Year P/S Range
Min: 1.28   Max: 13.02
Current: 1.26
1.28
13.02
PFCF 54.00
ABX's PFCF is ranked lower than
51% of the 578 Companies
in the Global Gold industry.

( Industry Median: 18.20 vs. ABX: 54.00 )
ABX' s 10-Year PFCF Range
Min: 10.1   Max: 2780
Current: 54
10.1
2780
EV-to-EBIT 6.9
ABX's EV-to-EBIT is ranked higher than
74% of the 732 Companies
in the Global Gold industry.

( Industry Median: 11.72 vs. ABX: 6.9 )
ABX' s 10-Year EV-to-EBIT Range
Min: 7   Max: 588
Current: 6.9
7
588
Shiller P/E 18.6
ABX's Shiller P/E is ranked lower than
100% of the Companies
in the Global Gold industry.

( Industry Median: vs. ABX: 18.6 )
ABX' s 10-Year Shiller P/E Range
Min: 18.6   Max: 1895
Current: 18.6
18.6
1895

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 4.44
ABX's Dividend Yield is ranked higher than
95% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 4.44 )
ABX' s 10-Year Dividend Yield Range
Min: 0.45   Max: 4.38
Current: 4.44
0.45
4.38
Dividend growth (3y) 17
ABX's Dividend growth (3y) is ranked higher than
99% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 17 )
ABX' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 17
Current: 17
0
17
Yield on cost (5-Year) 9.11
ABX's Yield on cost (5-Year) is ranked higher than
96% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 9.11 )
ABX' s 10-Year Yield on cost (5-Year) Range
Min: 0.95   Max: 9.28
Current: 9.11
0.95
9.28
Share Buyback Rate -2.6
ABX's Share Buyback Rate is ranked higher than
55% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -2.6 )
ABX' s 10-Year Share Buyback Rate Range
Min: 21.7   Max: -13
Current: -2.6

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 10.8
ABX's Price/Net Current Asset Value is ranked higher than
70% of the 960 Companies
in the Global Gold industry.

( Industry Median: 9.20 vs. ABX: 10.8 )
ABX' s 10-Year Price/Net Current Asset Value Range
Min: 20.6   Max: 212.1
Current: 10.8
20.6
212.1
Price/Tangible Book 1.4
ABX's Price/Tangible Book is ranked higher than
67% of the 1080 Companies
in the Global Gold industry.

( Industry Median: 1.00 vs. ABX: 1.4 )
ABX' s 10-Year Price/Tangible Book Range
Min: 2.7   Max: 8.7
Current: 1.4
2.7
8.7
Price/DCF (Projected) 1.7
ABX's Price/DCF (Projected) is ranked higher than
70% of the 454 Companies
in the Global Gold industry.

( Industry Median: 1.10 vs. ABX: 1.7 )
ABX' s 10-Year Price/DCF (Projected) Range
Min: 2   Max: 9.5
Current: 1.7
2
9.5
Price/Median PS Value 0.2
ABX's Price/Median PS Value is ranked higher than
95% of the 930 Companies
in the Global Gold industry.

( Industry Median: 0.60 vs. ABX: 0.2 )
ABX' s 10-Year Price/Median PS Value Range
Min: 0.4   Max: 1.7
Current: 0.2
0.4
1.7
Earnings Yield (Greenblatt) 14.40
ABX's Earnings Yield (Greenblatt) is ranked higher than
94% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: 14.40 )
ABX' s 10-Year Earnings Yield (Greenblatt) Range
Min: 0.2   Max: 14.4
Current: 14.4
0.2
14.4
Forward Rate of Return (Yacktman) -2.7
ABX's Forward Rate of Return (Yacktman) is ranked higher than
52% of the 2402 Companies
in the Global Gold industry.

( Industry Median: 0.00 vs. ABX: -2.7 )
ABX' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -2.7   Max: 33.8
Current: -2.7
-2.7
33.8

Business Description

Barrick Gold Corporation is a Corporation governed by the Business Corporations Act (Ontario) resulting from the amalgamation, effective July 14, 1984 under the laws of the Province of Ontario, of Camflo Mines Limited, Bob-Clare Investments Limited and the former Barrick Resources Corporation. By articles of amendment effective December 9, 1985, the Company changed its name to American Barrick Resources Corporation. Effective January 1, 1995, as a result of an amalgamation with a wholly-owned subsidiary, the Company changed its name from American Barrick Resources Corporation to Barrick Gold Corporation. It is engaged in the production and sale of gold, as well as related activities such as exploration and mine development. It also produces significant amounts of copper, mainly from the Zaldívar mine, and holds interests in a platinum group metals development project and a nickel development project, both located in Africa, a platinum group metals project located in Russia, a copper-gold project in Pakistan and oil and gas properties located in Canada. The Company has four RBUs: North America, Australia Pacific, Africa and South America. The Company competes with other mining and exploration companies in connection with the acquisition of mining claims and leases and in connection with the recruitment and retention of qualified employees. The Company's mining, exploration and development activities are subject to various levels of federal, provincial or state, and local laws and regulations relating to protection of the environment, including requirements for closure and reclamation of mining properties.
Company Website
Industry: Gold
Compare:EGO, GG, NMCEF, IAG, NCMGY
Traded in other countries:ABX.Canada, ABR.Germany
» More Articles for NYSE:ABX

Headlines

Articles On GuruFocus.com
Weekly Guru Bargains Highlights: ABX, HMY, AU, AAPL, GOLD May 28 2013 
Gold Guru John Paulson Drops Gold ABX in First Quarter Sells May 18 2013 
My 3 Favorite Low-Priced Raw Material Shares May 14 2013 
Weekly Guru Bargains Highlights: GOLD, NEM, ABX, VOLC, GFI May 06 2013 
Weekly Guru Bargains Highlights: AAPL, AEM, VOLC, ABX, TFM Apr 28 2013 
comment on ABX Apr 23 2013 
Weekly Guru Bargains Highlights: GG, ABX, GFI, PAY, TFM Apr 14 2013 
Weekly Guru Bargain Highlights: TFM, ABX, AU, PAY, GG Apr 07 2013 
Guru Stocks at 52-Week Low: EC, ABX, PKX, MT, EQR Apr 01 2013 
Guru Stocks at 52-Week Lows: BIDU, ABX, APA, PKX, MT Mar 25 2013 


Personalized Checklist





Within your circle of competence?
Macro economic environment favorable?
High quality business?
Enough margin of safety with stocks?
Gurus are buying?
Insiders are buying?
Management capable and shareholder friendly?
Catalyst for stock price to appreciate?
Your level of confidence with the research?

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK