Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Barrick Gold's share price for the quarter that ended in Dec. 2024 was C$22.29. Barrick Gold's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 1,727 Mil. Therefore, Barrick Gold's market cap for the quarter that ended in Dec. 2024 was C$38,497 Mil.
Barrick Gold's quarterly market cap
increased
from Jun. 2024 (C$39,997 Mil) to Sep. 2024 (C$47,023 Mil) but then
declined
from Sep. 2024 (C$47,023 Mil) to Dec. 2024 (C$38,497 Mil).
Barrick Gold's annual market cap
increased
from Dec. 2022 (C$40,742 Mil) to Dec. 2023 (C$42,028 Mil) but then
declined
from Dec. 2023 (C$42,028 Mil) to Dec. 2024 (C$38,497 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Barrick Gold's Enterprise Value for Today is C$61,011 Mil.
Barrick Gold Market Cap Historical Data
The historical data trend for Barrick Gold's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Barrick Gold's Market Cap
For the Gold subindustry, Barrick Gold's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Barrick Gold's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Barrick Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where Barrick Gold's Market Cap falls into.
Barrick Gold Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Barrick Gold's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Barrick Gold (TSX:ABX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Barrick Gold Market Cap Related Terms
Thank you for viewing the detailed overview of Barrick Gold's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSX:ABX has been successfully added to your 