Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Barrick Gold Corp    ABX   CA0679011084

BARRICK GOLD CORP

(ABX)
  Report  
Delayed Quote. Delayed Toronto Stock Exchange - 06/18 04:00:00 pm
19.26 CAD   +1.26%
06:07aStatement re. Acacia Mining plc
GL
05:53aBarrick Gold Corporation Statement re. Acacia -2-
DJ
05:53aBarrick Gold Corporation Statement re. Acacia Mining plc
DJ
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Barrick Gold : proposes to consolidate ownership of Acacia Mining with stock swap

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/22/2019 | 07:13am EDT

TORONTOBarrick Gold Corp. has made a proposal to acquire the shares in Acacia Mining that it does not already own.

Under the proposal, Barrick, which holds a majority stake in the African gold miner, would swap 0.153 of a Barrick share for each Acacia share.

The offer implies a value for Acacia of US$787 million, and the total consideration for Acacia's minority shareholders at US$285 million.

The plan is subject to a number of customary conditions, including receiving the recommendation of the Acacia board.

Barrick says it has been working to help settle a tax dispute between Acacia and the government in Tanzania, but the African country is not prepared to enter into a settlement agreement directly with Acacia.

Acacia says it has been excluded from the negotiations and urged its shareholders to take no action on the Barrick proposal while its board reviews the situation.

Companies in this story: (TSX:ABX)

© 2019 The Canadian Press. All rights reserved., source Canadian Press DataFile

Stocks mentioned in the article
ChangeLast1st jan.
ACACIA MINING -0.88% 171.3 Delayed Quote.-5.62%
BARRICK GOLD CORP 1.26% 19.26 Delayed Quote.3.20%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BARRICK GOLD CORP
06:07aStatement re. Acacia Mining plc
GL
05:53aBarrick Gold Corporation Statement re. Acacia -2-
DJ
05:53aBarrick Gold Corporation Statement re. Acacia Mining plc
DJ
01:21aACACIA MINING : Barrick Gold gets more time to make firm offer for Acacia Mining
AQ
06/18BARRICK GOLD : CEO believes Acacia offer is fair after extending bid deadline
RE
06/18Further Update Concerning Acacia Mining plc – Situation in Tanzania and..
GL
06/18Acacia Mining, Barrick Granted Extension So Takeover Talks Can Continue
DJ
06/18Further Update Concerning Acacia Mining plc – Extension of PUSU Deadlin..
GL
06/17BARRICK GOLD : Gold rally narrows Acacia Mining, Barrick Gold offer gap ahead of..
RE
06/14BARRICK GOLD : Begins Certification Process for Gender Equality at Dominican Rep..
DJ
More news
Financials ($)
Sales 2019 8 260 M
EBIT 2019 1 798 M
Net income 2019 574 M
Debt 2019 2 811 M
Yield 2019 1,10%
P/E ratio 2019 40,34
P/E ratio 2020 33,81
EV / Sales 2019 3,22x
EV / Sales 2020 3,04x
Capitalization 23 787 M
Chart BARRICK GOLD CORP
Duration : Period :
Barrick Gold Corp Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BARRICK GOLD CORP
Short TermMid-TermLong Term
TrendsBullishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 15,7 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Dennis Mark Bristow President, Chief Executive Officer & Director
John Lawson Thornton Non-Independent Executive Chairman
Graham P. Shuttleworth Chief Financial Officer & Senior Executive VP
Gustavo A. Cisneros Independent Director
J. Brett Harvey Lead Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BARRICK GOLD CORP3.20%23 020
NEWMONT MINING CORPORATION4.53%27 564
NEWCREST MINING LIMITED38.81%15 041
POLYUS PAO--.--%10 722
AGNICO EAGLE MINES LTD14.59%10 657
WHEATON PRECIOUS METALS CORP17.86%10 086