Professional
Added to YB: 2024-02-20
Pitch date: 2024-02-15
GOLD [neutral]
Barrick Mining Corporation
+216.04%
current return
Author Info
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Company Info
Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties.
Market Cap
CAD 69.3B
Pitch Price
CAD 18.75
Price Target
21.00 (-65%)
Dividend
1.46%
EV/EBITDA
9.21
P/E
19.72
EV/Sales
5.32
Sector
Metals and Mining
Category
value
Show full summary:
Barrick Gold Corporation: Higher Gold Prices Offset Lower Sales Volumes and Increased Costs
GOLD: Adj NPAT +11% to $1.5B on higher Au prices; FV lowered to $21 on lower '24 production & higher costs; FCF $650M, net debt $580M, $0.10 div, $1B buyback; geopolitical risk but diversified portfolio, 20yr reserves, potential Cu growth; no moat, Au price risk.
Read full article (8 min)