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Barrick Gold Corporation (T:ABX)

Business Focus: Gold Mining

This company is also listed in the United States as GOLD. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 161 Bay Street
Suite 3700, Suite 3700,
P.O. Box 212
TORONTO ON M5J 2S1
Tel: 44-207-5577745
Website: https://www.barrick.com
IR: See website
Key People
D. Mark Bristow
President, Chief Executive Officer, Director
Simon Peter Bottoms
Mineral Resource Management and Evaluation Executive
Graham Patrick Shuttleworth
Chief Financial Officer, Senior Executive Vice President
Joel Holliday
Executive Vice President - Exploration
Kevin James Thomson
Senior Executive Vice President - Strategic Matters
Poupak Bahamin
General Counsel
Peter Richardson
Executive Managing Director - Nevada Gold Mines
Lois Vaness Wark
Group Corporate Communications and Investor Relations Executive
Grant Beringer
Group Sustainability Executive
Sebastiaan Bock
Chief Operating Officer, Africa and Middle East
   
Business Overview
Barrick Gold Corporation is a Canada-based gold and copper producer. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. The Company's operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.
Financial Overview
For the three months ended 31 March 2024, Barrick Gold Corp revenues increased 4% to $2.75B. Net income increased from $120M to $295M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Loss on currency translation decrease of 68% to $12M (expense), Closed mine rehabilitation decrease from $22M (expense) to $2M (income). Dividend per share remained flat at $0.10.
Employees: 21,300 as of Dec 31, 2021
Reporting Currency: U.S. Dollars
Enterprise value: $41,014M as of Mar 31, 2024
Annual revenue (TTM): $15,800M as of Mar 31, 2024
EBITDA (TTM): $6,951M as of Mar 31, 2024
Net annual income (TTM): $1,988M as of Mar 31, 2024
Free cash flow (TTM): -$151.12M as of Mar 31, 2024
Net Debt Last Fiscal Year: $1,076M as of Mar 31, 2024
Shares outstanding: 1,755,636,000 as of Mar 31, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization