Barrick Gold Corp
TSX:ABX

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Barrick Gold Corp
TSX:ABX
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Price: 23.31 CAD -2.47% Market Closed
Market Cap: 40.9B CAD
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Operating Margin
Barrick Gold Corp

28.4%
Current
30%
Average
5.6%
Industry

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
28.4%
=
Operating Profit
3.5B
/
Revenue
12.3B

Operating Margin Across Competitors

Country CA
Market Cap 40.7B CAD
Operating Margin
28%
Country RU
Market Cap 70.4T USD
Operating Margin
51%
Country ZA
Market Cap 232.3B Zac
Operating Margin
37%
Country ZA
Market Cap 100.9B Zac
Operating Margin
23%
Country CN
Market Cap 410.9B CNY
Operating Margin
14%
Country US
Market Cap 45.9B USD
Operating Margin
18%
Country CA
Market Cap 59.1B CAD
Operating Margin
34%
Country CA
Market Cap 38.8B CAD
Operating Margin
54%
Country CA
Market Cap 32.7B CAD
Operating Margin
63%
Country RU
Market Cap 1.8T RUB
Operating Margin
62%
Country CN
Market Cap 106B CNY
Operating Margin
10%
No Stocks Found

Barrick Gold Corp
Glance View

Market Cap
40.7B CAD
Industry
Metals & Mining
Economic Moat
None

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.

ABX Intrinsic Value
35.17 CAD
Undervaluation 34%
Intrinsic Value
Price

See Also

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What is Operating Margin?

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
28.4%
=
Operating Profit
3.5B
/
Revenue
12.3B
What is the Operating Margin of Barrick Gold Corp?

Based on Barrick Gold Corp's most recent financial statements, the company has Operating Margin of 28.4%.