1 week Ago By ABMN Staff
Barrick Gold ( NYSE:GOLD – Get Free Report ) and Fresnillo ( OTCMKTS:FNLPF – Get Free Report ) are both basic materials companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, profitability, dividends, analyst recommendations, institutional ownership, earnings and risk. Earnings & Valuation This table compares Barrick Gold and Fresnillo”s revenue, earnings per share and valuation. Barrick Gold has higher revenue and earnings than Fresnillo.
Insider and Institutional Ownership Profitability This table compares Barrick Gold and Fresnillo’s net margins, return on equity and return on assets. Volatility and Risk Barrick Gold has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500.
Comparatively, Fresnillo has a beta of 0.54, suggesting that its share price is 46% less volatile than the S&P 500. Analyst Ratings This is a summary of current ratings for Barrick Gold and Fresnillo, as reported by MarketBeat.
com. Barrick Gold presently has a consensus price target of $24.82, indicating a potential upside of 55.
41%. Given Barrick Gold’s higher probable upside, equities analysts plainly believe Barrick Gold is more favorable than Fresnillo. Dividends Barrick Gold pays an annual dividend of $0.
40 per share and has a dividend yield of 2.5%. Fresnillo pays an annual dividend of $0.
12 per share and has a dividend yield of 1.5%. Barrick Gold pays out 43.
0% of its earnings in the form of a dividend. Summary Barrick Gold beats Fresnillo on 11 of the 15 factors compared between the two stocks. About Barrick Gold ( Get Free Report ) Barrick Gold Corporation is a sector-leading gold and copper producer.
Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX. In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick. Nevada Gold Mines is the world’s largest gold mining complex.
Barrick owns and operates six Tier One gold mines: Cortez, Carlin and Turquoise Ridge in Nevada, Loulo-Gounkoto in Mali, Kibali in the Democratic Republic of Congo and Pueblo Viejo in the Dominican Republic. It has gold and copper mines and projects in 13 countries in North and South America, Africa, Papua New Guinea and Saudi Arabia. Barrick’s diversified portfolio spans the world’s most prolific gold districts and is focused on high-margin, long life assets.
About Fresnillo ( Get Free Report ) Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates.
Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Zacatecas; Ciénega gold mine located in the state of Durango; Herradura gold mine situated in the state of Sonora; Noche Buena gold mine located in the state of Sonora; San Julián silver-gold mine situated on the border of Chihuahua/Durango states; and Juanicipio mine located in the state of Zacatecas. It also leases mining equipment; produces gold/silver doré bars; and provides administrative services. The company was founded in 1887 and is headquartered in Mexico City, Mexico.
Fresnillo plc operates as a subsidiary of Industrias Peñoles, S.A.B.
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