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A look at a High Market Cap Stock: Barrick Gold Corporation, ABX

Barrick Gold Corporation, ABX is in the exchange NYSE and its industry is Gold in the sector of Basic Materials. Based in Canada, Barrick Gold Corporation, ABX  has a market cap of 26063.06. Since its IPO date on the 2/4/1985, Barrick Gold Corporation, ABX performance year to date is 203.24%. Today Barrick Gold Corporation, ABX has gained -1.30%, with a current price of 22.03.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 72.10%. The management of the company have seen the company have a payout ratio of *TBA. Return of assets are at -10.20%, with return on investment at -13.50%.

In terms of debt levels and profit levels, Barrick Gold Corporation, ABX is seeing a long-term debt/equity of 1.25. While Total debt/equity is 1.27. With a profit margin of -34.20%, this is combined with a gross margin of 28.00%, and operating margin of -27.70%. Barrick Gold Corporation ability to meet debt levels, with a current ratio of 2.7, while the quick ratio is 1.7.

For the last year Barrick Gold Corporation, ABX has seen a EPS growth of 2.40%. A performance for the year of 121.76%. The 52-week high is -6.14%, and the 52-week low is 274.76%. The average volume for Barrick Gold Corporation, ABX is 71817.

With a target price of 19.5, can Barrick Gold Corporation, ABX reach this target? Looking at the value indicators of Barrick Gold Corporation, ABX. Barrick Gold Corporation has a P/E of *TBA and a forward P/E of 27.49. Perhaps the more useful indicator than P/E, is PEG which has a value of *TBA. Barrick Gold Corporation also has a P/S and a P/B of 2.99 and 3.62 respectively. For P/cash, Barrick Gold Corporation has a value of 11.22, while it is 19.51 for P/free cash flow.

At the current price of 22.03, Barrick Gold Corporation has a dividend yield of 0.36%. We see a return on equity of -34.70%.

Looking more long-term Barrick Gold Corporation, is projected to get an EPS growth for the next five years of 31.33%. In the short-term an EPS growth of 34.21% in the next year is forecasted. This is after a EPS growth of 2.40% for this year and for the last five years a -22.00% growth has been seen.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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