Barrick Mining Corporation (NYSE:B – Get Free Report) (TSE:ABX) announced a quarterly dividend on Monday, May 11th. Shareholders of record on Friday, May 29th will be given a dividend of 0.175 per share by the gold and copper producer on Monday, June 15th. This represents a c) dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, May 29th.
Barrick Mining has decreased its dividend payment by an average of 0.0%per year over the last three years. Barrick Mining has a payout ratio of 74.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Barrick Mining to earn $4.20 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 40.0%.
Barrick Mining Stock Performance
Barrick Mining stock traded up $3.99 during mid-day trading on Monday, reaching $47.12. 23,668,603 shares of the company were exchanged, compared to its average volume of 14,754,825. Barrick Mining has a twelve month low of $17.41 and a twelve month high of $54.69. The firm’s 50-day simple moving average is $42.36 and its two-hundred day simple moving average is $42.56. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.33 and a current ratio of 2.92. The firm has a market cap of $78.95 billion, a PE ratio of 16.08, a price-to-earnings-growth ratio of 1.29 and a beta of 0.41.
About Barrick Mining
Barrick Gold Corporation, commonly known as Barrick, is a Toronto‑headquartered mining company focused on the exploration, development, production and sale of gold and copper. Listed on major exchanges (including the New York Stock Exchange under the symbol B), Barrick operates as an integrated minerals producer, running large‑scale mining complexes, processing facilities and related support services for extraction and metallurgical treatment of ore.
The company’s activities span the full mining value chain: greenfield exploration, feasibility and permitting, mine construction, ongoing operations, and closure and reclamation.
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