Barrick(GOLD)

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RUA GOLD to Present at the Metals & Mining Virtual Investor Conference May 6th 2025
GlobeNewswire News Room· 2025-05-05 20:35
VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) -- Rua Gold Inc. (TSXV: RUA, OTC: NZAUF, WKN: A40QYC) ("RUA GOLD" or the "Company") announces that it will present live at the Metals & Mining Virtual Investor Conference hosted by VirtualInvestorConferences.com, on May 6th. The Company invites individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation online at VirtualInvestorConferences.com. Recent Company highlights that will be disc ...
Barrick Gold Trading Cheaper Than Industry: Time to Buy the Stock?
ZACKS· 2025-05-05 12:05
Core Viewpoint - Barrick Gold Corporation (GOLD) is currently undervalued compared to its peers and the industry, presenting a potential investment opportunity despite challenges in production and rising costs [1][6][23]. Valuation and Market Position - GOLD is trading at a forward price/earnings ratio of 10.38X, which is approximately 27.3% lower than the Zacks Mining – Gold industry's average of 14.27X [1]. - The company has a Value Score of A and is trading at a discount compared to Newmont Corporation (NEM), Agnico Eagle Mines Limited (AEM), and Kinross Gold Corporation (KGC) [1]. Technical Indicators - Technical indicators show that GOLD is trading below its 50-day simple moving average (SMA), but the 50-day SMA is above the 200-day SMA, indicating a bullish trend [3][5]. Growth Projects - Barrick is advancing key growth projects, including Goldrush, Pueblo Viejo plant expansion, Fourmile, Lumwana Super Pit, and Reko Diq, which are expected to significantly contribute to production [7][9]. - The Goldrush mine aims for a production target of 400,000 ounces per annum by 2028, while the Reko Diq project is designed to produce 460,000 tons of copper and 520,000 ounces of gold annually in its second phase [10]. Financial Performance - Barrick reported cash and cash equivalents of approximately $4.1 billion at the end of 2024, with operating cash flows of around $4.5 billion, reflecting a 20% year-over-year increase [14]. - Free cash flow surged 104% year-over-year to about $1.3 billion for the full year 2024, and the company returned $1.2 billion to shareholders through dividends and repurchases [14]. Dividend and Shareholder Returns - GOLD offers a dividend yield of 2.2% with a payout ratio of 31%, indicating sustainability, and has a five-year annualized dividend growth rate of approximately 4.6% [15]. Cost Challenges - The company faces challenges from rising costs, with cash costs per ounce of gold and all-in-sustaining costs (AISC) increasing around 11% year-over-year in 2024 [16]. - For 2025, projected total cash costs per ounce are between $1,050-$1,130, and AISC is expected to range from $1,460-$1,560 per ounce, indicating a year-over-year increase [16]. Production Outlook - Barrick's attributable gold production fell about 4% year-over-year to 3.91 million ounces in 2024, and the forecast for 2025 is tepid, with production expected to be between 3.15-3.5 million ounces [18]. - The company anticipates that higher production from certain mines will be offset by reduced production from others, which may weigh on performance in 2025 [18]. Earnings Estimates - Earnings estimates for Barrick have been revised upward over the past 60 days, indicating positive sentiment regarding future performance [19]. Stock Performance - Over the past year, GOLD's shares have gained 10.4%, underperforming the industry's 38.1% increase and slightly outperforming the S&P 500's rise of 9.9% [19].
GALIANO GOLD ANNOUNCES DISCOVERY OF NEW HIGH-GRADE ZONE AT ABORE WITH INTERCEPT OF 50m @ 3.2 g/t Au & RESULTS OF INFILL DRILLING PROGRAM
Prnewswire· 2025-05-05 11:30
Accessibility StatementSkip Navigation Figure 9: Cross Section H-H1 showing hole ABPC25-325, which extended the southern strike extent of the known high-grade zone at Abore South. (CNW Group/Galiano Gold Inc.) Figure 10: Cross section A-A1 showing high-grade intercept extending below the Mineral Reserve pit design at the Abore North northern pit in hole ABPC25-329. (CNW Group/Galiano Gold Inc.) Figure 11: Long section through the Abore deposit showing Gram Meter contours of Au intercepts with hig ...
Barrick Gold (GOLD) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2025-05-02 22:50
Company Performance - Barrick Gold's stock closed at $18.41, reflecting a +0.22% change from the previous trading day, which is lower than the S&P 500's gain of 1.47% [1] - Over the last month, Barrick Gold's shares have decreased by 5.21%, underperforming the Basic Materials sector's loss of 2.19% and the S&P 500's loss of 0.47% [1] Upcoming Earnings - Barrick Gold is set to release its earnings report on May 7, 2025, with projected EPS of $0.29, indicating a 52.63% increase compared to the same quarter of the previous year [2] - For the entire fiscal year, Zacks Consensus Estimates predict earnings of $1.66 per share and revenue of $14.97 billion, reflecting changes of +31.75% and +15.86% respectively from the prior year [3] Analyst Projections - Recent shifts in analyst projections for Barrick Gold are important to monitor, as positive changes often indicate optimism regarding the company's business and profitability [4] - The consensus EPS projection has increased by 19.79% in the past 30 days, and Barrick Gold currently holds a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Barrick Gold is trading at a Forward P/E ratio of 11.07, which is a discount compared to the industry's average Forward P/E of 13.23 [7] - The company has a PEG ratio of 0.33, while the Mining - Gold industry has an average PEG ratio of 0.58 [7] Industry Overview - The Mining - Gold industry is part of the Basic Materials sector and currently holds a Zacks Industry Rank of 59, placing it in the top 24% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Should You Buy Barrick Gold Stock Ahead of Q1 Earnings?
ZACKS· 2025-05-02 11:00
Barrick Gold Corporation (GOLD) is slated to come up with first-quarter 2025 results before the opening bell on May 7. The company’s performance is expected to reflect higher gold prices amid cost headwinds.The Zacks Consensus Estimate for first-quarter earnings has been revised 26.1% upward in the past 60 days. The consensus estimate for earnings is pegged at 29 cents per share, suggesting a 52.6% year-over-year rise. Image Source: Zacks Investment ResearchGOLD beat the Zacks Consensus Estimate for earning ...
TUDOR GOLD Receives Five Year Exploration Permit to Advance the Treaty Creek Project
Newsfile· 2025-05-01 15:48
TUDOR GOLD Receives Five Year Exploration Permit to Advance the Treaty Creek ProjectMay 01, 2025 11:48 AM EDT | Source: Tudor Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Tudor Gold Corp. (TSXV: TUD) (FSE: H56) (the "Company" or "Tudor") is pleased to announce that it has received exploration permits from the British Columbia Ministry of Mining and Critical Minerals for its flagship Treaty Creek Property, located in the heart of the Golden Triangle of Northwestern Br ...
GOLD or AGI: Which Is the Better Value Stock Right Now?
ZACKS· 2025-04-30 16:40
Investors looking for stocks in the Mining - Gold sector might want to consider either Barrick Gold (GOLD) or Alamos Gold (AGI) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank favors stocks with strong ea ...
NEW GOLD REPORTS FIRST QUARTER 2025 RESULTS
Prnewswire· 2025-04-29 21:15
Solid Quarterly Performance Leads to Free Cash Flow Generation, Critical Path Items Achieved to Allow for Ramp-up in Production and Exploration Activities Going Forward(All amounts are in U.S. dollars unless otherwise indicated)TORONTO, April 29, 2025 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE American: NGD) today reported financial and operating results for the quarter ended March 31, 2025."The first four months of the year have been exceptionally positive for New Gold in a ...
Barrick Gold (GOLD) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-04-29 14:50
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Developed alo ...
Barrick Gold Corporation Plans to Change Name to BARRICK MINING CORPORATION
GlobeNewswire News Room· 2025-04-28 11:00
In connection with its name change, the Company also plans to change its ticker symbol for the Barrick common shares listed on the New York Stock Exchange from 'GOLD' to 'B', to become effective at the start of trading on May 9, 2025. The Barrick common shares will continue to trade under the 'ABX' ticker symbol on the Toronto Stock Exchange. The new CUSIP number for the Barrick common shares effective at the start of trading on May 9, 2025 will be 06849F108. "Barrick's vision is to be the world's most valu ...