Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
NEW YORK (
) -- The ex-dividend date for
) is tomorrow, August 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 20 cents per share. At a price of $37.62 as of 9:30 a.m. ET, the dividend yield is 2.1%.
The average volume for Barrick has been 9.2 million shares per day over the past 30 days. Barrick has a market cap of $37.8 billion and is part of the
industry. Shares are down 17.2% year to date as of the close of trading on Monday.
Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 26 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa. The company has a P/E ratio of 9.2, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Barrick as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full