Barrick Gold: Substantially Undervalued [Seeking Alpha]
Barrick Gold Corporation (BC) (GOLD)
Last barrick gold corporation (bc) earnings: 2/12 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
randgoldresources.com
Company Research
Source: Seeking Alpha
SummaryA non-traditional way to think about valuation suggests that Barrick Gold could be substantially undervalued today.Historically, a 15% allocation to GOLD would have bumped a stock portfolio's returns by 130 bps per year without any increase in risk.Assuming correlations between gold and equities remain roughly unchanged, Barrick seems like a no-brainer.There are many ways to value a stock: discounted cash flow, discounted dividend model and relative valuation are some of the most popular. But when it comes to Barrick Gold (For context, I have held GOLD in my AE SRG (All-Equities Storm Resistant Growth) portfolio since mid-2019. In retrospect, I wish I had added the shares earlier, as Barrick has been one of the best complements to a diversified stock portfolio over the past couple of years.Credit: company'swebsiteRethinking ValuationMy interest in Barrick stock does not start with the fundamentals of the companyper seNotice below how, since Barrick's IPO in early 1985, the stoc
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GOLD
News
- Barrick Gold CEO: Here is what's driving the price of gold lately [CNBC]CNBC
- Barrick’s Fourmile Project Shows Further World-Class Potential [Canadian Business Journal (Canada)]Canadian Business Journal
- Long-Term Value Creation Drives Sustainable Growth for Barrick [Canadian Business Journal (Canada)]Canadian Business Journal
- Long-Term Value Creation Drives Sustainable Growth for BarrickGlobeNewswire
- Barrick’s Fourmile Project Shows Further World-Class PotentialGlobeNewswire
GOLD
Earnings
- 11/7/24 - Miss
GOLD
Sec Filings
- 11/8/24 - Form SC
- 11/7/24 - Form 6-K
- GOLD's page on the SEC website