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NEW YORK (

TheStreet

) -- The ex-dividend date for

Barrick Gold Corporation

(NYSE:

ABX

) is tomorrow, February 24, 2011. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $51.68 as of 9:31 a.m. ET, the dividend yield is 0.9%.

The average volume for Barrick has been 8.6 million shares per day over the past 30 days. Barrick has a market cap of $51.2 billion and is part of the

basic materials

sector and

metals & mining

TheStreet Recommends

industry. Shares are down 3.1% year to date as of the close of trading on Tuesday.

Barrick Gold Corporation primarily engages in the production and sale of gold, as well as related activities such as exploration and mine development worldwide. The company has a P/E ratio of 16.3, below the average metals & mining industry P/E ratio of 18.5 and below the S&P 500 P/E ratio of 23.2.

TheStreet Ratings rates Barrick as buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, robust revenue growth and notable return on equity. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. You can view the full

Barrick Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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