Barrick Gold Corp
TSX:ABX
Operating Margin
Barrick Gold Corp
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| CA |
|
Barrick Gold Corp
TSX:ABX
|
49.5B CAD |
37%
|
|
| RU |
P
|
Polyus PJSC
LSE:PLZL
|
70.4T USD |
51%
|
|
| ZA |
G
|
Gold Fields Ltd
JSE:GFI
|
393.1B Zac |
45%
|
|
| ZA |
H
|
Harmony Gold Mining Company Ltd
JSE:HAR
|
160.1B Zac |
26%
|
|
| CN |
|
Zijin Mining Group Co Ltd
SSE:601899
|
488.2B CNY |
16%
|
|
| US |
|
Newmont Corporation
NYSE:NEM
|
65.3B USD |
35%
|
|
| CA |
|
Agnico Eagle Mines Ltd
TSX:AEM
|
83.8B CAD |
42%
|
|
| CA |
|
Wheaton Precious Metals Corp
TSX:WPM
|
56B CAD |
52%
|
|
| CA |
|
Franco-Nevada Corp
TSX:FNV
|
44.4B CAD |
66%
|
|
| RU |
|
Polyus PAO
MOEX:PLZL
|
2.4T RUB |
65%
|
|
| ZA |
|
AngloGold Ashanti Ltd
NYSE:AU
|
24.2B USD |
29%
|
Barrick Gold Corp
Glance View
Barrick Gold Corporation, a titan in the gold mining industry, was founded in 1983 by Canadian entrepreneur Peter Munk. From its modest beginnings, Barrick swiftly ascended, driven by Munk’s strategic vision and a series of successful acquisitions, transforming it into the world's second-largest gold producer. Central to Barrick's operations is the exploration, mining, and production of gold and copper, commodities that are often seen as both investments and industrial necessities. With mines and projects situated in prolific mining territories like North and South America, Africa, and the Middle East, Barrick's global presence is a testament to its ambitious reach and operational resilience. Earning its revenues primarily through the sale of gold and copper, Barrick Gold embraces efficiencies and innovations to navigate the volatile commodity markets. The company implements cutting-edge technological advancements and sustainable practices, aiming to reduce operational costs and environmental impact while maximizing yields. Barrick thrives by continuously optimizing its portfolio, focusing on tier-one gold assets and maintaining a robust pipeline of future projects. By balancing its current mining operations with an eye toward future growth, Barrick positions itself as a steadfast player in the fluctuating landscape of precious metals.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Barrick Gold Corp's most recent financial statements, the company has Operating Margin of 36.7%.
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