Barrick Gold (NYSE: GOLD) is one of 42 public companies in the “Gold & silver ores” industry, but how does it compare to its peers? We will compare Barrick Gold to related companies based on the strength of its analyst recommendations, dividends, valuation, risk, profitability, earnings and institutional ownership.
This is a summary of current ratings and recommmendations for Barrick Gold and its peers, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Barrick Gold Competitors||586||2222||1978||74||2.32|
Volatility & Risk
Barrick Gold has a beta of -0.52, meaning that its stock price is 152% less volatile than the S&P 500. Comparatively, Barrick Gold’s peers have a beta of 0.27, meaning that their average stock price is 73% less volatile than the S&P 500.
Valuation & Earnings
This table compares Barrick Gold and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Barrick Gold||$7.24 billion||-$1.55 billion||37.77|
|Barrick Gold Competitors||$1.54 billion||-$207.93 million||7.82|
Barrick Gold has higher revenue, but lower earnings than its peers. Barrick Gold is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.
Insider and Institutional Ownership
41.7% of Barrick Gold shares are held by institutional investors. Comparatively, 35.3% of shares of all “Gold & silver ores” companies are held by institutional investors. 9.3% of shares of all “Gold & silver ores” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Barrick Gold pays an annual dividend of $0.28 per share and has a dividend yield of 2.1%. Barrick Gold pays out 80.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Gold & silver ores” companies pay a dividend yield of 1.2% and pay out 43.1% of their earnings in the form of a dividend. Barrick Gold has raised its dividend for 4 consecutive years.
This table compares Barrick Gold and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Barrick Gold Competitors||-13.64%||2.51%||1.84%|
Barrick Gold peers beat Barrick Gold on 10 of the 15 factors compared.
About Barrick Gold
Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the ZaldÃvar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia. It also owns gold mines and exploration properties in Africa; and gold projects located in South America and North America. Barrick Gold Corporation has strategic cooperation agreement with Shandong Gold Group Co. Ltd. The company was founded in 1983 and is headquartered in Toronto, Canada.
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