Barrick Gold Corp

LIM:ABX (Canada)  
$ 17.19 (+4.37%) Apr 26
24.13
P/B:
1.31
Market Cap:
$ 30.03B
Enterprise V:
$ 31.10B
Volume:
23.70K
Avg Vol (2M):
4.75K
Also Trade In:
Volume:
23.70K
Avg Vol (2M):
4.75K

Business Description

Description
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.