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Is Barrick Gold Corporation(NYSE: ABX), a large market cap stock a smart buy?

With a market cap of has a large market cap size. Barrick Gold Corporation (NYSE: ABX) has been on the stock market since its IPO date on the 2/4/1985. Barrick Gold Corporation is in the Gold industry and Basic Materials sector. Average volume for Barrick Gold Corporation, is 20352.61, and so far today it has a volume of 209794. Performance year to date since the 2/4/1985 is 186.40%.

To help you determine whether Barrick Gold Corporation is undervalued the following values will help you decide. P/E is *TBA and forward P/E is 25.96. PEG perhaps more useful shows that Barrick Gold Corporation has a value for PEG of *TBA. P/S ratio is 2.82 and the P/B ratio is 3.42. The P/Cash and P/Free cash flow is 10.6 and 18.42 respectively.

At the current price Barrick Gold Corporation is trading at, 20.42 (-3.13% today), Barrick Gold Corporation has a dividend yield of 0.38%, and this is covered by a payout ratio of *TBA. Earnings per share (EPS) is -2.56, and this is looking to grow in the next year to 34.21% after growing 2.40% this past year. EPS growth quarter over quarter is -245.60%, and -14.00% for sales growth quarter over quarter.

The number of shares outstanding is 1167.7, and the number of shares float is 1162.66. The senior management bring insider ownership to 0.10%, and institutional ownership is at 72.10%. The float short is 2.33%, with the short ratio at a value of 1.33. Management has seen a return on assets of -10.20%, and also a return on investment of -13.50%.

The ability for Barrick Gold Corporation, to deal with debt, means it current ratio is 2.7, and quick ratio is 1.7. Long term debt/equity is 1.25 and total debt/equity is 1.27. In terms of margins, Barrick Gold Corporation has a gross margin of 28.00%, with its operating margin at -27.70%, and Barrick Gold Corporation has a profit margin of -34.20%.

The 52 week high is -13.00%, with 247.38% being its 52 week low. The 20 day simple moving average is 5.77% and the 200 day simple moving average is 62.22%.

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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Mark Hines

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