NEW YORK (

TheStreet

) -- The ex-dividend date for

Barrick Gold Corporation

(NYSE:

ABX

) is Tuesday, May 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 $39.71 as of 9:30 a.m. ET, the dividend yield is 2%.

The average volume for Barrick has been 8.4 million shares per day over the past 30 days. Barrick has a market cap of $39.62 billion and is part of the

basic materials

sector and

metals & mining

industry. Shares are down 12.5% year to date as of the close of trading on Thursday.

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 8.8, 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

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, notable return on equity, attractive valuation levels and growth in earnings per share. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

Barrick Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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