Barrick Gold Stock Price Prediction 2023-2060

This blog post will analyze the Barrick Gold Stock Price Prediction for 2023 to 2060 based on a technical and fundamental analysis of the Barrick Gold stock price history.

Let’s discuss the future price forecast of GOLD Stock and its performance analysis for the coming years.

Financial Overview of Barrick Gold Stock

Parameters NameValue/Price
Current Stock Price$15.84
Ticker SymbolGOLD
Market Cap$27.57B
Enterprise Value$28.19B
Price/Sales (TTM)2.59
Enterprise Value/Revenue2.62
Price/Book (MRQ)1.22
Enterprise Value/EBITDA8.58
52 Week Low/High$13.01/$20.75
50/200 Day Moving Average$16.71/$17.51
52-Week Change-3.12%
Official WebsiteBarrick Gold
Source: Yahoo Finance on August 23, 2023

Barrick Gold Stock Price Prediction 2023 to 2060

Barrick Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2023$14.72$21.45
2024$18.06$25.80
2025$20.45$29.38
2026$24.32$32.79
2027$28.52$36.07
2028$32.79$40.39
2029$37.35$45.64
2030$42.56$50.21
2035$64.81$78.34
2040$95.43$112.25
2045$162.61$180.15
2050$237.19$256.47
2055$326.77$341.08
2060$413.15$425.06
Barrick Gold Stock Price Prediction (2023 – 2060)

Barrick Gold Stock Price Prediction 2023

After the analysis of Barrick Gold company’s financial statistics, there is more than 8% of clear decline in its revenue as well as its net profit.

This has happened becouse companies are investing a lot of money in maintenance, and companies face a currency crunch.

Last year the stock price of Barrick gold stock price also faced a huge decline which reduced the interest of investors.

By keeping all these parameters in mind during the price prediction of Barrick Gold stock, we analyze its movements for the year 2023.

During this period of time, the stock price of Barrick Gold may reach the highest targeted price of $21.45 with the lowest forecasted price of $14.72.

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2023$14.72$21.45

Barrick Gold Stock Price Prediction 2024

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2024$18.06$25.80

Barrick Gold Stock Price Prediction 2025

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2025$20.45$29.38

Barrick Gold Stock Price Prediction 2030

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2030$42.56$50.21

Barrick Gold Stock Price Prediction 2040

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2040$95.43$112.25

Barrick Gold Stock Price Prediction 2050

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2050$237.19$256.47

Barrick Gold Stock Price Prediction 2060

Gold Stock Price Prediction YearMinimum Stock PriceMaximum Stock Price
2060$413.15$425.06

Is Barrick Gold Stock a good investment for the long term?

No, As per our analysis, Barrick gold is not an ideal stock to hold for the long term for expecting a significant return on investment. The main reason is that investors choose crypto instead of gold investment.

FAQ

What is the stock price of Barrick Gold in 2028?

In 2028, the stock price of Barrick Gold can be expected to reach the highest price of $40.39, with a yearly lowest price of $32.79.

Final Words

In this blog post, “Barrick Gold stock price prediction from 2023 to 2060,” we have forecasted its stock price for every essential year in the coming future.

As per our analysis, if you are thinking of receiving a massive amount of return on investment, then Barrick Gold is not an ideal choice for you.

The main reason behind this is investors’ inclination towards crypto investment which provides an unexpected amount of profit on investment.

No doubt that investment in gold or gold-related company stock is considered a safe investment.

If you want to play safe in stock investment, then this will be the correct choice for you but consider the risk of losing money also before investment.

If this information proves valuable for you, then please rate this post with a five-star rating to appreciate our hard work.

For any other queries related to Barrick Gold stock price, use the comment section of this post.

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I am Jitendra Krishnan, a professional blogger, entrepreneur, and graduate engineer. This is my hobby, and I love writing blogs and articles about blogging, affiliate marketing, web designing, etc. I have over seven years of experience in content writing.

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