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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 19879.68, and so far today it has a volume of 9687631. Performance year to date since the 2/4/1985 is 196.99%.

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 23.81. PEG perhaps more useful shows that Barrick Gold Corporation has a value for PEG of *TBA. P/S ratio is 3 and the P/B ratio is 3.47. The P/Cash and P/Free cash flow is 10.43 and 15.71 respectively.

At the current price Barrick Gold Corporation is trading at, 22.02 (0.73% today), Barrick Gold Corporation has a dividend yield of 0.37%, and this is covered by a payout ratio of *TBA. Earnings per share (EPS) is -2.43, and this is looking to grow in the next year to 37.84% after growing 2.40% this past year. EPS growth quarter over quarter is *TBA, and -9.80% for sales growth quarter over quarter.

The number of shares outstanding is 1165, and the number of shares float is 1162.55. The senior management bring insider ownership to 0.10%, and institutional ownership is at 72.10%. The float short is 2.57%, with the short ratio at a value of 1.5. Management has seen a return on assets of -10.30%, and also a return on investment of -13.50%.

The ability for Barrick Gold Corporation, to deal with debt, means it current ratio is 2.8, and quick ratio is 1.8. Long term debt/equity is 1.2 and total debt/equity is 1.23. In terms of margins, Barrick Gold Corporation has a gross margin of 29.20%, with its operating margin at -25.80%, and Barrick Gold Corporation has a profit margin of -33.30%.

The 52 week high is -6.18%, with 274.59% being its 52 week low. The 20 day simple moving average is 10.23% and the 200 day simple moving average is 63.90%.

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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