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Barrick Gold Corporation (NYSE: ABX) – Is this large market cap stock undervalued?

Barrick Gold Corporation (NYSE: ABX), is firmly in the large market cap category with market cap of 18441.95. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Barrick Gold Corporation is 15.87 (with a change from open of -0.83%), this in conjunction with a target price of 23.17. Volume today has so far reached 6309437, with an average volume of about 16290.62. The GAP for this stock, is 1.07%.

The P/E ratio is *TBA, bringing the forward P/E to a value of 16.07. The current EPS for Barrick Gold Corporation, is -2.43, with a EPS growth for this year coming to a value of 2.40%. Performance has been interesting with performance year to date coming to 115.30%.

Looking further into the growth statistics for Barrick Gold Corporation, EPS is looking like it will grow 44.01% in the next year. Looking even further it is projected to be 32.82%. Quarter over quarter is *TBA for EPS growth and for sales growth quarter over quarter it is -9.80%. Looking at past EPS growth statistics we see that for the past five years it has been -22.00%. Sales growth for the past five years has in fact been -3.90%.

Looking at the ownership, we see that the insider ownership is at 0.10% and institutional ownership is 72.10%. Shares outstanding is 1165, while shares float is at a value of 1162.81. Float short for Barrick Gold Corporation is 1.74% and the short ratio is 1.24.

In terms of debt, long term debt/equity is 1.2, while the total debt/equity comes to 1.23. The ability to meet these debts, means that the current ratio is 2.8, and the quick ratio is 1.8. The most recent gross margin is 29.20% and their operating margin is -25.80%. The profit margin is -33.30%.

Barrick Gold Corporation has seen returns on assets of -10.30%, and on investment, -13.50%. Return on equity is -36.00%. Price/Earnings to growth ratio is *TBA. Price/Sales ratio is at a value of 2.17, with Price/book ratio coming to 2.51 and Price/cash is 7.56, and finally Price/Free cash Flow is 11.38.

The simple moving averages are -14.72% and -2.96% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -32.32% and the 52 week low is 131.44%.

Barrick Gold Corporation has a dividend yield of 0.51%, with a current price of 15.87. The ability to pay this means the payout ratio is *TBA. This is in an industry, Gold, with equally high dividends from other companies in this sector, which it is Basic Materials. Barrick Gold Corporation is based in Canada.

Performance in the Gold industry means that Barrick Gold Corporation has seen performance for the past week of -0.94%, with performance for the month coming to -8.44%. Looking at the data for the quarter it is at a value of -26.19%, and for the half year the performance is 113.57%. Volatility for this week is 3.72% and for the month this is 4.18%.

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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