Barrick Gold Corp
TSX:ABX
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Intrinsic Value
The intrinsic value of 
Barrick Gold Corp (ABX) under the Base Case is 63.72 CAD per share.
Compared with the current market price of 59.76 CAD, the stock appears
Undervalued by 6% .
The intrinsic value is calculated using valuation multiples.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Barrick Gold Does
Barrick Gold is one of the world’s large gold mining companies. It explores for ore, builds and runs mines, and then processes rock to produce gold and some copper. The company does not make finished consumer products; it sells raw metal output from its mines into the global commodities market, where buyers include refiners, bullion traders, industrial users, and, for some gold, financial and central-bank channels.
- Headquarters
- Canada CA
- Employees
- 22 600
- IPO date
- May 2, 1983
Barrick Gold has no economic moat
Buyers can obtain equivalent gold and copper from other producers, so Barrick cannot keep customers simply by putting its name on its metals. Its selling prices largely follow global markets rather than a premium customers pay specifically for Barrick’s products.
Read the full moat analysis
Revenue & Expenses Breakdown
Barrick Gold Corp
Earnings Waterfall
Barrick Gold Corp
What is the Intrinsic Value of one ABX stock?
The intrinsic value for Barrick Gold Corp (ABX) under the Base Case is 63.72 CAD.
Is ABX stock undervalued or overvalued?
Compared with the current market price of 59.76 CAD, the stock appears Undervalued by 6% .
