Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Barrick Gold Corp T.ABX

Alternate Symbol(s):  GOLD

Barrick Gold Corporation is a Canada-based gold and copper producer, which is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It has ownership interests in producing gold mines that are located in Argentina, Canada, Cote d'Ivoire, the Democratic Republic of the Congo, the Dominican Republic, Mali, Tanzania and the United States. It has ownership interests in producing copper mines in Chile, Saudi Arabia and Zambia. Its operations include Nevada Gold Mines, Bulyanhulu, Hemlo, Jabal Sayid, Kibali, Loulo-Gounkoto, Lumwana, North Mara, Porgera, Pueblo Viejo, Tongon, Veladero and Zaldivar. Its Bulyanhulu operation is located in north-west Tanzania, approximately 55 kilometers (km) south of Lake Victoria and 150 km southwest of the city of Mwanza. The Hemlo operation is located north of Lake Superior on the Trans-Canada Highway, approximately 35 km east of Marathon, Ontario, and it is an underground operation.


TSX:ABX - Post by User

Bullboard Posts
Comment by MandalorianFetton May 13, 2020 10:21pm
60 Views
Post# 31025597

RE:RE:RE:RE:Oh oh Nicky D

RE:RE:RE:RE:Oh oh Nicky D
MandalorianFett wrote:
MandalorianFett wrote:
Damn1212 wrote: And where does that leave stock price ? 


Q1: .16 x4 /.71= .90   36.85/ .90 = 40.91 fwd pe

$100 x 5,000,000/ 1777,000,000 x .7 after tax x 40.91 x  / .71 cad =  $11.34 cad

38.75+11.74 = $50.59 cad

Simple


Boba


Marginal increase in the pog above breakeven price is all profit. Other than tax and royalties if any.

Boba


Rule of thumb: every 1$ up or down in the pog translates to $.10 abx share price up or down cad. 

Boba

Bullboard Posts