Is Barrick Gold in Australia?

Is Barrick Gold in Australia?

The company operates throughout Zambia, Saudi Arabia, Singapore and Papua New Guinea, employs approximately 2,200 people and is administered from its head office in Perth, Western Australia. Barrick Resources (Australia) Pty Ltd is ultimately owned by Canada-based mining company, Barrick Gold Corporation.

Is Barrick Gold a good buy?

We rate GOLD as a buy with a bullish outlook on the gold metal price. We expect the stock to outperform the upside in percentage terms. There’s a lot to like about Barrick Gold as an excellent way to capture exposure to themes in precious metals.

Is Barrick a good investment?

GOLD boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Barrick Gold are trading at a forward earnings multiple of 20X, as well as a PEG Ratio of 10, a Price/Cash Flow ratio of 10.1X, and a Price/Sales ratio of 3.5X.

Where is Barrick Gold headquarters?

Toronto, CanadaBarrick Gold / Headquarters

What is Barrick Gold known for?

Barrick is a sector-leading gold and copper producer, operating mines and projects in 18 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia. Our portfolio spans the world’s most prolific gold and copper districts and is focused on high-margin, long-life assets.

Will Barrick Gold stock go up?

The 20 analysts offering 12-month price forecasts for Barrick Gold Corp have a median target of 28.00, with a high estimate of 31.75 and a low estimate of 21.50. The median estimate represents a +55.04% increase from the last price of 18.06.

Does Barrick Gold pay a dividend?

First Quarter 2022 Results Toronto — Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) today announced a $0.20 per share quarterly dividend, the first to include a $0.10 per share performance component in line with its new dividend policy.

How many countries are Barrick Gold?

Why is Barrick Gold so low?

Covid-19 pandemic restrictions had caused labour and freight shortages for most of 2021, hampering the companies’ operations. Barrick Gold reported its ASCI rising by 6% to $1,026/ounce in 2021, from $967/ounce in 2020. The company started 2022 at $18.54 a share, a drop of 2.42% from close on 31 December 2021.

Which gold company is the best to invest in?

Best Value Gold Stocks
Equinox Gold Corp. (EQX) 5.91 4.2
Dundee Precious Metals Inc. (DPM.TO) CA$7.79 5.5
Torex Gold Resources Inc. (TXG.TO) CA$13.45 7.0
Calibre Mining Corp. (CXBMF) 0.99 7.0

How many times a year does Barrick Gold Pay dividends?

Barrick Gold pays a dividend 4 times a year. Payment months are March, June, September, December. The dividend calendar shows you for more than 1,000 dividend stocks in which month which company distributes its dividends.

Why should I invest in Barrick Gold?

The company has a strong balance sheet and owns six of the top 10 gold mines in the world. Barrick Gold also has substantial copper operations that provide a hedge to some of the gold volatility. Copper trades around US$4.40 per pound at the time of writing compared to about US$2 at the low during the 2020 crash.

Why is Barrick Gold dropping?

What gold stock is the best buy?

Best Gold Stocks to Buy

  • Barrick Gold Corp (NYSE: GOLD)
  • Newmont (NYSE: NEM)
  • Kirkland Lake Gold (NYSE: KL)
  • Franco-Nevada Gold (NYSE: FNV)
  • Agnico Eagle Mines (NYSE: AEM)
  • Kinross Gold (NYSE: KGC)
  • Sibanye-Stillwater (NYSE: SBSW)
  • Wheaton Precious Metals (NYSE: WPM)

What dividend does Barrick Gold Pay?

  • August 17, 2022