ABX
vs
S
S&P TSX Composite Index (Canada)
ABX
Over the past 12 months, ABX has significantly outperformed S&P TSX Composite Index (Canada), delivering a return of +154% compared to the S&P TSX Composite Index (Canada)'s +25% growth.
Stocks Performance
ABX vs S&P TSX Composite Index (Canada)
Performance Gap
ABX vs S&P TSX Composite Index (Canada)
Performance By Year
ABX vs S&P TSX Composite Index (Canada)
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
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.
