Barrick Gold Corp Stock
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Barrick Gold Corp Stock
Pros and Cons of Barrick Gold Corp in the next few years
Pros
Cons
Performance of Barrick Gold Corp vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Barrick Gold Corp | 2.720% | 0.613% | 0.984% | 15.645% | 10.312% | 15.490% | 12.975% |
| Agnico Eagle Mines Ltd | 2.900% | 1.950% | 0.854% | 57.115% | 47.343% | 61.305% | 41.971% |
| Franco-Nevada Corp. | 1.790% | 1.362% | 1.041% | -17.204% | 11.261% | -3.667% | 33.218% |
| Zijin Mining Group Co Ltd | -2.220% | 7.920% | -5.499% | 12.131% | 18.298% | 47.988% | 414.131% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.When evaluating the financials of Barrick Gold (US symbol: ABX), the impression left is one of a company with solid revenue generation capabilities but facing challenges in profitability and growth metrics. The mining industry, particularly gold mining, is notoriously cyclical. Gold prices, regulatory aspects, and production costs significantly impact a company's health. In the case of Barrick Gold, financial statements depict an organization with substantial assets and liabilities, diverse revenue streams, and significant investments in capital, demonstrating an effort to maintain a well-rounded operational structure.
Let's delve into the details:
Strong Revenue: Barrick Gold reported total revenue of approximately $11.5 billion for 2023, reflecting robust operational performance that showcases the company's ability to generate significant sales, especially in a commodity-driven market.
