How to buy Barrick Gold (GOLD) shares in Australia

Learn how to easily invest in Barrick Gold shares.

Barrick Gold Corporation
NYSE: GOLD - USD
GOLD
$18.12
- $0.33 ( - 1.79%)

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Barrick Gold Corporation is a gold business with stocks listed in the US. Barrick Gold shares (GOLD) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was US$18.23 – a decrease of 0.71% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in Barrick Gold

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Barrick Gold. Find the share by name or ticker symbol: GOLD. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Barrick Gold reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$19.73, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Barrick Gold, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Barrick Gold. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Barrick Gold stock price (NYSE:GOLD)

Use our graph to track the performance of GOLD stocks over time.

Barrick Gold shares at a glance

Information last updated 2021-09-18.
52-week rangeUS$18.2553 - US$28.7413
50-day moving average US$20.0976
200-day moving average US$21.3444
Target priceUS$28.56
PE ratio 13.0213
Dividend yield US$0.36 (1.94%)
Earnings per share (TTM) US$1.41

Where to buy Barrick Gold stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Australia’s lowest-cost broker for ASX shares and ETFs.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CMC Markets Invest
US$0
0.60%
ASX shares, Global shares, mFunds, ETFs
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, ETFs and managed funds, plus access up to 15 major global and Australian stock exchanges.
loading

Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Barrick Gold stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Barrick Gold share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Barrick Gold shares?

Before you consider Barrick Gold, you'll want to hear this.
Ticker Nerd uses advanced software to track hundreds of signals and data points to find stocks before they blow up. You can get the next two hot stocks they find sent to your inbox for free.

Show me how

Barrick Gold price performance over time

Historical closes compared with the last close of $18.23

1 week (2021-09-17) -0.71%
1 month (2021-08-24) -9.39%
3 months (2021-06-24) -13.07%
6 months (2021-03-24) -9.57%
1 year (2020-09-24) -34.07%
2 years (2019-09-24) -3.08%
3 years (2018-09-24) 65.13%
5 years (2016-09-23) 0.66%

Is Barrick Gold under- or over-valued?

Valuing Barrick Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Barrick Gold's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Barrick Gold's P/E ratio

Barrick Gold's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Barrick Gold shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Barrick Gold's PEG ratio

Barrick Gold's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 10.07. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Barrick Gold's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Barrick Gold's EBITDA

Barrick Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$7.1 billion (£5.2 billion).

The EBITDA is a measure of a Barrick Gold's overall financial performance and is widely used to measure a its profitability.

Barrick Gold financials

Revenue TTM US$12.7 billion
Operating margin TTM 42.08%
Gross profit TTM US$5.2 billion
Return on assets TTM 7.27%
Return on equity TTM 12.25%
Profit margin 19.86%
Book value 13.314
Market capitalisation US$32.8 billion

TTM: trailing 12 months

Shorting Barrick Gold shares

There are currently 18.4 million Barrick Gold shares held short by investors – that's known as Barrick Gold's "short interest". This figure is 17.7% down from 22.4 million last month.

There are a few different ways that this level of interest in shorting Barrick Gold shares can be evaluated.

Barrick Gold's "short interest ratio" (SIR)

Barrick Gold's "short interest ratio" (SIR) is the quantity of Barrick Gold shares currently shorted divided by the average quantity of Barrick Gold shares traded daily (recently around 16.0 million). Barrick Gold's SIR currently stands at 1.15. In other words for every 100,000 Barrick Gold shares traded daily on the market, roughly 1150 shares are currently held short.

However Barrick Gold's short interest can also be evaluated against the total number of Barrick Gold shares, or, against the total number of tradable Barrick Gold shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Barrick Gold's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Barrick Gold shares in existence, roughly 10 shares are currently held short) or 0.0104% of the tradable shares (for every 100,000 tradable Barrick Gold shares, roughly 10 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Barrick Gold.

Find out more about how you can short Barrick Gold stock.

Barrick Gold's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Barrick Gold.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Barrick Gold's total ESG risk score

Total ESG risk: 37.35

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Barrick Gold's overall score of 37.35 (as at 12/31/2018) is pretty weak – landing it in it in the 77th percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Barrick Gold is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Barrick Gold's environmental score

Environmental score: 19.16/100

Barrick Gold's environmental score of 19.16 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Barrick Gold is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Barrick Gold's social score

Social score: 14.17/100

Barrick Gold's social score of 14.17 puts it squarely in the 5th percentile of companies rated in the same sector. This could suggest that Barrick Gold is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Barrick Gold's governance score

Governance score: 9.02/100

Barrick Gold's governance score puts it squarely in the 5th percentile of companies rated in the same sector. That could suggest that Barrick Gold is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Barrick Gold's controversy score

Controversy score: 4/5

ESG scores also evaluate any incidences of controversy that a company has been involved in. Barrick Gold scored a 4 out of 5 for controversy – the second-lowest score possible, reflecting that Barrick Gold has a damaged public profile.

Environmental, social, and governance (ESG) summary

Barrick Gold Corporation was last rated for ESG on: 2019-01-01.

Total ESG score 37.35
Total ESG percentile 77.16
Environmental score 19.16
Environmental score percentile 5
Social score 14.17
Social score percentile 5
Governance score 9.02
Governance score percentile 5
Level of controversy 4

Barrick Gold share dividends

48%

Dividend payout ratio: 47.8% of net profits

Recently Barrick Gold has paid out, on average, around 47.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.94% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Barrick Gold shareholders could enjoy a 1.94% return on their shares, in the form of dividend payments. In Barrick Gold's case, that would currently equate to about $0.36 per share.

While Barrick Gold's payout ratio might seem fairly standard, it's worth remembering that Barrick Gold may be investing much of the rest of its net profits in future growth.

Barrick Gold's most recent dividend payout was on 14 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 August 2021 (the "ex-dividend date").

Have Barrick Gold's shares ever split?

Barrick Gold's shares were split on a 2:1 basis on 1 March 1993. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Barrick Gold shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Barrick Gold shares which in turn could have impacted Barrick Gold's share price.

Barrick Gold share price volatility

Over the last 12 months, Barrick Gold's shares have ranged in value from as little as US$18.2553 up to US$28.7413. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Barrick Gold's is -0.0046. This would suggest that Barrick Gold's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Barrick Gold has bucked the trend.

Barrick Gold overview

Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site