KTET Answer Key

Barrick Gold Corporation BC is part of the metals and mining industry and is part of the basic materials sector. The company CEO is Mark Bristow. Barrick Gold Corp is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development. Its mining projects are located in North America, South America, Australia, and Africa.

Previous Intraday Performance:

The GOLD shares had a previous change of 0.92% which opened at 12.99 and closed at 13.21. It moved to an intraday high of 13.23 and a low of 12.90.

SeekingAlpha:  It’s Time To Buy Gold Miners: Top News For May 2019

Historical Performance:

Over the last five trading days, GOLD shares returned 12.81% and in the past 30 trading days it returned 3.47%. Over three months, it changed 5.96%. In one year it has changed 3.81% and within that year its 52 week high was 14.54 and its 52 week low was 9.53. GOLD stock is 38.61% above its 52 week low.

Our calculations result in a 200 day moving average of 12.38 and a 50 day moving average of 12.85. Right now, GOLD stock is trading 6.75% above its 200 day moving average.

SeekingAlpha:  It’s Time To Buy Gold Miners: Top News For May 2019


The company has a market cap of $23.1b with 1.8b shares outstanding and a float of 1.8b shares. Trading volume was 14,003,176 shares and has experienced an average volume of 12,531,518 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.


Based on 5 analyst estimates, the consensus EPS for the next quarter is 0.08. The trailing twelve month EPS reported is 0.36 (trailing twelve month diluted EPS is -1.39).

Below was the last reported quarterly diluted earnings per share:

1stQtr 2019Reported 05-08-2019: 0.06
4thQtr 2018Reported 02-13-2019: -1.02
3rdQtr 2018Reported 11-06-2018: -0.35
2ndQtr 2018Reported 08-09-2018: -0.08
1stQtr 2018Reported 05-10-2018: 0.14

Base on our calculations, the intrinsic value per share is 13.16, which means it might be overvalued by -0.37%.

The long-term trend of the EPS is a vital number as it helps understand the future potential of Barrick Gold Corporation BC; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -13.40% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 83.70% of institutional ownership. Short-interest was 23,391,830, which was 1.34% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.62. This stock has some short interest, but it might be normal and no need to worry if long the position.

The beta was calculated to be -0.47.

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Fundamental Numbers:

Based on last reported financials, the company’s return on assets is -5.71%, profit margin is -19.48%, price-to-sales is 2.22 and price-to-book is 1.47.

Company Score Card:

Results are out of six:
 3  : Growth Expectations Result
 5  : Financial Safety Result
 0  : Past Performance Result
 0  : Valuation Result
 1  : Dividend Safety Result
 1  : Overall Result

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I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).


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