In this analysis, I will be using the Discounted Cash Flow Formula to value of Barrick Gold Corp’s stock (NYSE:ABX). Using different metrics to find a stock price target is a valuable ingredient in stock research.
I believe using the Discounted Cash Flow valuation model for Barrick Gold to be fair because DCF analysis can help one see where the company’s value is coming from and one can generate an opinion based on that.
The Discounted Cash Flow valuation relies
Continue reading What is the Fair Value of Barrick Gold? $ABX
Source: Kevin Michael Grace of The Gold Report (4/7/14)
Despite the recent big gains in gold stocks, company insiders and institutional investors are still 2.5 times more likely to be buyers than sellers. According to Ted Dixon, co-founder and CEO of INK Research, this shows that those in the know are still quite bullish, despite the pullback in March. In this interview with The Gold Report, Dixon names the top insider buyers by dollar amount and by volume and explains
Continue reading Ted Dixon: What Gold Stock Insider Trading Tells Us $GG $ABX $IAG
Understanding Barrick Gold Corporation (NYSE:ABX) cost of debt, cost of equity and WACC is an important factor in stock research. Using these formulas an investor will understand how much the shareholder should expect in return for the stock over the long-term, how much the company pays for its debt and how much the company needs in return to break even on its investments.
Cost of Debt
The cost of debt is the effective rate that a company pays on its
Continue reading Barrick Gold: Fundamental Analysis WACC, Cost of Debt and Cost of Equity $ABX
Looking at the numbers of Barrick Gold’s total debt and liabilities, we can see that the company currently has a total debt of $13.941 billion and liabilities at $26.912 billion. Over the past five years, the total debt has increased by 305.99% while total liabilities have increased by 309.26%.
Analyzing the ratios listed above, we can see that Barrick Gold has increased its risk regarding the company’s debt and liabilities. The above ratio state that there has been an increase
Continue reading Fundamental Analysis of Barrick Gold’s Debt and Risk
ABX – Barrick Gold Corp (NYSE) – Stock Price Target for 2012
Barrick Gold is the gold industry leader, with interests in 26 operating mines and a pipeline of projects located across five continents, in addition to large land positions on some of the most prolific mineral districts.
1. Estimated Sales = $15.79 Billion
2. Estimated Profit Margin = 33%
3. Profit = $5.21 Billion
4. Estimated Shares = 1.010 Billion
5. Earnings Per Share = $5.15
6. Forward PE
Continue reading ABX – Barrick Gold Corp (NYSE) – Stock Price Target for 2012