Barrick Gold Corporation (TSX:ABX) – profile & key information

Barrick Gold Corporation stands among the largest global precious metals producers, with a diversified portfolio spanning gold and expanding copper operations across four continents. Its scale and asset base position it as a benchmark for investors tracking commodity cycles and long-term metal demand. In recent years the company has focused on operational discipline, selective growth projects and partnerships that reshape its footprint in key jurisdictions. Production metrics and margins reflect both cyclical exposure and long-horizon reserve quality, while the balance sheet and dividend policy remain central to market assessments. This profile synthesizes operational output, financial metrics, governance, and market positioning for a professional readership seeking a concise, data-driven portrait of Barrick’s role in Canadian and global mining markets.

Overview of Barrick Gold Corporation – company scope and strategic profile

Barrick Gold Corporation, listed on the Toronto Stock Exchange under the ticker ABX, is a major international mining company headquartered in Toronto. The firm is primarily known for its gold production but has notable and growing exposure to copper, positioning it to participate in both precious and base metal cycles. By operating active mines across the Americas, Africa, the Middle East, and Asia, the company combines scale with geographic diversification. This breadth mitigates single-jurisdiction risk while exposing operations to a variety of political and geological environments.

The company’s 2024 production is a useful lens on scale: Barrick produced nearly 3.9 million attributable ounces of gold and roughly 430 million pounds of copper, reinforcing its status as one of the world’s largest gold miners. The presence of two decades of gold reserves at year-end 2024, together with significant copper resources, supports a multi-decade production outlook if planned projects progress.

• Core business: gold mining and processing, with increasing copper exposure.
• Geographic footprint: operations in 19 countries across four continents.
• Strategic focus: reserve replacement, project delivery, and margin improvement.

Aspect	Detail
Primary commodities	Gold, Copper
Headquarters	Toronto, Ontario
Listed	TSX: ABX

Operationally, Barrick blends conventional open-pit and underground mining with processing, exploration and joint-venture arrangements. Notable strategic transactions of the past decade, including the acquisition of Randgold and regional joint ventures such as the Nevada consolidation, have reordered the company’s asset mix and technical capabilities.

Peer context is essential when evaluating Barrick. Comparators within the gold sector include Newmont Corporation, Agnico Eagle Mines Limited and Kinross Gold Corporation among North American peers, while international rivals such as AngloGold Ashanti and Gold Fields Limited provide regional competition. Royalty and streaming companies—Franco-Nevada Corporation and Royal Gold Inc.—represent alternative exposure to the gold complex. Understanding Barrick’s asset quality versus these peers is crucial for investors seeking exposure to either production growth or margin stability.

For further company profile detail and trading context, reference sources such as Barchart, GuruFocus and the corporate profile on Profit.com. These resources provide updated price feeds, analyst metrics and historical financials for deeper due diligence.

Key insight: Barrick’s scale and reserve base make it a core producer in any gold-focused portfolio, with copper growth offering a diversification lever for longer-term metal demand trends.

Financial information for Barrick Gold Corporation – market cap, revenue and profitability metrics

Financial metrics help translate operational scale into investor outcomes. As of the latest public figures, Barrick’s market capitalization is approximately 48.45 billion CAD. The company’s most recent quarter recorded revenue of around 3.68 billion CAD and net income of 811 million CAD. These figures reflect discrete quarterly swings common in metal producers, where realized metal prices, sales volumes and cost profiles drive short-term variance.

EBITDA remains a central measure of operating performance. Barrick reported an EBITDA of roughly 7.07 billion CAD with an EBITDA margin near 19.99%, indicating solid operating cashflow generation relative to revenue. These margins are sensitive to gold and copper prices as well as unit costs from individual mines.

• Market capitalization: 48.45B CAD.
• Most recent quarter revenue: 3.68B CAD.
• Most recent quarter net income: 811M CAD.

Financial metric	Figure
Market cap (CAD)	48.45 billion
Quarterly revenue (CAD)	3.68 billion
Quarterly net income (CAD)	811 million
EBITDA (annual)	7.07 billion CAD

Earnings per share (EPS) for the last reported quarter came in at about CAD 0.47 per share, a modest positive surprise versus estimate. Analysts’ next-quarter EPS estimates have varied, with consensus projections near CAD 0.60. Revenue misses and beats over quarters are common given concentration of sales and hedging activity.

Dividend policy is a visible element of Barrick’s shareholder proposition. Dividends are paid quarterly, with the most recent distribution at CAD 0.40 per share. The trailing twelve-month dividend yield stands at approximately 1.06%. Dividend coverage depends on operating cash flow and capital allocation choices; investors often weigh the yield against re-investment opportunities, debt reduction and potential buybacks.

• Dividend cadence: quarterly distributions; last per-share payment 0.40 CAD.
• Dividend yield (TTM): ~1.06%.
• EPS trend: recent quarter 0.47 CAD, consensus next quarter ≈ 0.60 CAD.

Share-price performance has been strong over the trailing year, with a year-over-year increase near 51.55% and sizable monthly moves (a recent one-month change ~29.34%). Intraday and short-term volatility remains, with the share price recently trading around 40.69 CAD and a one-day movement of about -0.56% in the latest session. For live pricing and historical charts, see market portals like Yahoo Finance Canada and MarketWatch.

Liquidity and analyst coverage are extensive, but recommendations vary; investors should consult multiple sources including The Globe and Mail and Barchart for consensus and target-price context. Cash flow robustness, capex needs for copper growth projects and geopolitical developments remain key variables for near-term earnings.

Key insight: Barrick’s financial profile balances strong cash generation with capital deployment choices; dividend continuity and copper investment are the primary levers that will shape shareholder returns.

Industry and operations – mining assets, production mix and project pipeline

Barrick’s operational model is defined by a mix of established producing mines, advanced projects and exploration programmes. The company operates across four continents, with assets ranging from large open pits to underground operations and integrated processing complexes. Its production mix—predominantly gold with increasing copper—addresses multiple commodity cycles and demand drivers.

In 2024 the company’s attributable gold production approached 3.9 million ounces, while copper output was roughly 430 million pounds, reflecting both organic copper exposure and potential upside from growth projects such as Reko Diq in Pakistan. If developed, Reko Diq alone could materially increase copper production by the end of the decade, subject to political and project execution risk.

• Production profile: gold-dominant, rising copper share.
• Asset types: open-pit, underground, heap leach and CIL processing facilities.
• Project pipeline: advanced copper projects and exploration in key countries.

Operation category	Notes
Producing mines	19 countries across Americas, Africa, Middle East, Asia
Growth projects	Reko Diq potential to double copper production
Exploration focus	Reserve replacement and brownfield expansion

Operational efficiency and cost control determine mine-level margins. Barrick has emphasized cost discipline and continuous improvement initiatives to preserve margins during lower-price periods and to maximize free cash flow. Unit costs can vary widely by asset; lower-cost mines support resilience when gold prices decline, while higher-cost operations benefit most from price upcycles.

Partnerships and joint ventures are central to Barrick’s strategy in some jurisdictions. The company has pursued asset consolidation in Nevada via partnerships, which optimize capital allocation and operational synergies. Such arrangements also shift project risk profiles and can enhance value through shared expertise.

• Joint ventures: risk sharing and operational scale gains.
• Reserve strategy: focus on high-quality, long-life assets.
• Commodity exposure: hedging and marketing approaches to manage price volatility.

Comparative context: rivals like Newmont Corporation and Agnico Eagle Mines Limited offer different mixes of geography and asset quality, while companies such as Yamana Gold Inc. and Kinross Gold Corporation provide alternate exposure in the junior and mid-tier segments. Royalty companies (e.g., Franco-Nevada Corporation) provide an alternative risk-return profile in the same commodity complex.

Operational case study: the integration of Randgold assets after 2019 improved exposure in Africa and delivered geological expertise that translated into operational gains. Another example is Nevada; consolidating regional assets via strategic ventures with peers reduced duplication and improved capital efficiency, illustrating how corporate transactions can unlock operational upside.

Key insight: Barrick’s operational value derives from asset quality and selective project development—copper projects offer asymmetric upside, while core gold mines underpin cash generation.

History and leadership of Barrick Gold Corporation – evolution, milestones and executive team

Barrick’s corporate history spans several decades with strategic transactions that reshaped its scale and scope. Founded in the late 1980s as an explorer-turned-producer, the company rose to prominence through a combination of asset acquisition, consolidation and development. Significant milestones include large asset consolidations and mergers that bolstered both reserve base and technical expertise.

The acquisition of Randgold Resources in 2019 stands out as a transformational deal that added a portfolio of African assets and experienced management. Equally significant were joint ventures formed to consolidate Nevada operations, which provided operational and reserve synergies in one of the world’s most prolific gold jurisdictions.

• Foundation and growth: from explorer to multinational producer via strategic M&A.
• Key milestones: Randgold acquisition (2019), Nevada joint ventures, reserve replenishment campaigns.
• Project milestones: advancement of copper-focused projects targeting 2030 production growth.

Historical milestone	Impact
Randgold acquisition (2019)	Added high-quality African assets and management expertise
Nevada consolidation	Operational synergies and reserve concentration in a tier-one jurisdiction

Leadership is a cornerstone of Barrick’s strategic direction. The executive team combines operational and technical expertise across the mining cycle. The company’s board and senior management oversee strategic priorities such as capital allocation, project execution and sustainability. The current CEO, D. Mark Bristow, is a prominent figure in the mining industry whose tenure has emphasized discipline and performance across the portfolio.

Foundation and development

From initial exploration roots to global scale, Barrick’s development path includes phases of rapid expansion and strategic consolidation. The company’s board has navigated commodity cycles by balancing growth projects, shareholder returns and balance-sheet resilience. Development of high-potential copper projects and disciplined exploration underpin the next phase of growth.

• Early growth: aggressive exploration and asset accumulation.
• Consolidation phase: focus on core jurisdictions and margin improvement.
• Future focus: copper development and reserve replacement.

Concrete examples of development decisions include targeted divestments to optimize the portfolio and large-scale investments where expected returns justify capital deployment. This pragmatic approach aims to reduce asset fragmentation and focus resources on value-accretive projects.

CEO and management team

The management roster includes experienced executives tasked with operations, finance and legal oversight. Key names include D. Mark Bristow (CEO), Graham P. Shuttleworth (CFO/Senior EVP), and a series of divisional COOs and executive VPs responsible for regional operations and integration. The leadership mix balances geoscience, engineering and commercial skills.

• D. Mark Bristow – CEO / Director / President.
• Graham P. Shuttleworth – CFO / Senior Executive VP.
• Operational executives – divisional COOs and VPs across geography and technical functions.

Executive	Role
D. Mark Bristow	CEO / Director / President
Graham P. Shuttleworth	CFO / Senior Executive VP
Joel Holliday	Executive VP, Divisional

Leadership demonstrates an emphasis on governance and operational accountability, with committees and regional management structures in place to mitigate geographic complexity. Succession planning and technical bench strength are frequent board topics, given the capital intensity and long project horizons in mining.

Key insight: Barrick’s leadership combines transactional experience and technical operations capability, positioning the company to execute on copper growth while sustaining gold production.

Stock index membership and market position – Barrick within Canadian and global markets

Barrick is a high-profile component of Canadian capital markets. It is commonly included in major Canadian indices and global mining benchmarks due to its scale and liquidity. Membership in indices such as the S&P/TSX Composite and the S&P/TSX 60 reflects its market capitalization and role among Canada’s largest listed corporations. Index inclusion ensures visibility among institutional investors and index-tracking funds, which affects trading volumes and the investor base.

• Index membership: typically part of S&P/TSX Composite and S&P/TSX 60.
• Market rank: among the largest Canadian materials/mining firms by market cap.
• Liquidity profile: high, with broad institutional ownership and analyst coverage.

Market characteristic	Relevance
TSX Listing	TSX: ABX, strong domestic investor presence
Global listings and ADRs	Exposure to North American and global investor pools

Relative market position should be considered alongside peers. Large-cap gold miners such as Newmont Corporation and Agnico Eagle Mines Limited often represent the benchmark for producer metrics. Mid-tier and junior names like Yamana Gold Inc. and Eldorado Gold Corporation offer different risk-reward profiles and growth optionality. Royalties and streaming companies such as Franco-Nevada Corporation and Royal Gold Inc. provide lower operational risk exposure to the same commodity cycle.

For investors evaluating Barrick’s market profile, a range of information portals provides complementary views. Trade and profile pages on MarketWatch, StockAnalysis, and Simply Wall St present valuation metrics, ownership breakdown and graphical history. News and market commentary from The Globe and Mail and portals such as Barchart round out the research toolkit.

• Institutional factors: index inclusion increases passive ownership weight.
• Comparative valuation: measure against peers on EV/EBITDA, P/NAV and cash flow metrics.
• Liquidity considerations: high trading volumes facilitate large position entry/exit.

Capital allocation and investor expectations hinge on the company’s ability to execute projects, manage geopolitical risk and sustain margins. Barrick’s market position among Canadian listed companies is reinforced by operational scale and diversified exposure to both gold and copper markets.

Key insight: Index membership and market cap render Barrick a core holding for many commodity-focused funds and a bellwether for Canadian mining sector performance.

Company information

Field	Value
Company Name	Barrick Gold Corporation
TSX Ticker	ABX
Sector	Materials / Metals & Mining
Sub-Sector	Gold & Copper Mining
Market Cap (CAD)	48.45 billion
Revenue (CAD)	3.68 billion (last quarter)
Net Income (CAD)	811 million (last quarter)
Dividend Yield (%)	1.06%
Employees
Headquarters	Toronto, Ontario
Founded	1980s (exploration to producer evolution)
CEO	D. Mark Bristow
Stock Index Membership	S&P/TSX Composite; S&P/TSX 60 (commonly included)
Website	https://www.barrick.com

Frequently asked questions

What is Barrick Gold’s primary business?
Barrick is primarily a gold mining company with growing copper activities, operating producing mines, advanced projects and exploration programs across multiple continents. Its revenue and cash flows are largely driven by gold sales, with copper increasingly contributing to overall output.

How does Barrick compare to other major gold producers?
Compared with peers such as Newmont, Agnico Eagle and Kinross, Barrick offers a large-scale production base, significant reserves and an emphasis on project execution and cost control. Each peer has a distinct mix of jurisdictions and asset quality; investors should compare metrics like all-in sustaining costs, reserve life and regional risk to gauge relative attractiveness.

Does Barrick pay a dividend and what is the yield?
Yes, Barrick pays quarterly dividends. The most recent per-share distribution was CAD 0.40, translating into a trailing twelve-month yield near 1.06% at recent share prices. Dividend policy depends on cash generation and capital allocation priorities.

What are the key growth drivers for Barrick?
Primary growth drivers include development of copper projects (notably Reko Diq if advanced), exploration success for reserve replacement, and margin improvement from operational efficiency. Strategic joint ventures and accretive M&A can also enhance production and reserve profiles.

Where can investors find updated financials and market data?
Comprehensive market and financial data for Barrick are available on portals such as Barchart, GuruFocus, Profit.com, Yahoo Finance Canada and The Globe and Mail. For comparative sector profiles, see resources such as Agnico Eagle profile, AYA Gold & Silver profile and Alamos Gold profile.

SEO summary: Barrick Gold Corporation is a leading Canadian-listed gold producer with expanding copper exposure; its sizeable reserve base and global asset portfolio make it a central player in the metals sector and a core reference point for investors assessing Canadian mining market dynamics.