GOLD
Barrick Gold Corporation Materials - Gold Mining Investor Relations →
Barrick Gold Corporation (GOLD) closed at $42.25 as of 2026-06-19, trading 35.5% above its 200-week moving average of $31.17. The stock is currently moving closer to the line, down from 42.2% last week. The 14-week RSI sits at 45, indicating neutral momentum.
Trading volume is running at 0.7x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.97 ratio) is neutral — neither side is clearly dominating.
Over the past 591 weeks of data, GOLD has crossed below its 200-week moving average 6 times. On average, these episodes lasted 33 weeks. Historically, investors who bought GOLD at the start of these episodes saw an average one-year return of +23.5%.
With a market cap of $1225 million, GOLD is a small-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 10.8%. The stock trades at 1.4x book value.
Share count has increased 5.4% over three years, indicating dilution.
Over the past 11.4 years, a hypothetical investment of $100 in GOLD would have grown to $1160, compared to $429 for the S&P 500. That represents an annualized return of 23.9% vs 13.6% for the index — confirming GOLD as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
In the past 12 months, corporate insiders have made 3 open-market purchases totaling $31,842,671. Multiple insiders purchased within a 30-day window — a cluster buy pattern that historically signals management confidence in the company's prospects.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: GOLD vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After GOLD Crosses Below the Line?
Across 6 historical episodes, buying GOLD when it crossed below its 200-week moving average produced an average return of +25.2% after 12 months (median +27.0%), compared to +3.7% for the S&P 500 over the same periods. 50% of those episodes were profitable after one year. After 24 months, the average return was +14.2% vs +19.8% for the index.
Each line shows $100 invested at the moment GOLD crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices GOLD would reach each dislocation threshold.
Dislocation Price Levels
Prices where GOLD's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-05-06.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $33.44 | Unusually cheap — potential buy zone |
| Value | +1σ | $42.63 | Cheap vs. own history |
| Fair Value | +0σ | $58.81 | Historical mean behavior |
| Expensive | -1σ | $94.76 | Expensive vs. own history |
| Deep Expensive | -2σ | $243.81 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from GOLD's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
GOLD has crossed below its 200-week MA 6 times with an average 1-year return of +23.5% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Feb 2015 | May 2015 | 11 | 8.9% | +108.6% | +1060.1% |
| May 2015 | Sep 2015 | 16 | 4.9% | +50.4% | +998.8% |
| Dec 2017 | Dec 2017 | 1 | 10.8% | -1.8% | +800.8% |
| Jan 2018 | Apr 2020 | 119 | 43.9% | -16.4% | +706.4% |
| Nov 2024 | Nov 2024 | 1 | 1.8% | -10.5% | +52.3% |
| Dec 2024 | Dec 2025 | 52 | 34.6% | +11.0% | +53.1% |
| Average | 33 | — | +23.5% | — |
Frequently Asked Questions
Is GOLD below its 200-week moving average?
No. Barrick Gold Corporation (GOLD) is currently 35.5% above its 200-week moving average of $31.17. It would need to fall to $31.17 to cross below the line.
What is GOLD's 200-week moving average price?
Barrick Gold Corporation's 200-week moving average is $31.17 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when GOLD drops below its 200-week moving average?
GOLD has crossed below its 200-week moving average 6 times in our data. On average, buying at that moment produced a one-year return of +23.5%. These dips have historically been decent entry points. These episodes lasted 33 weeks on average.
Is GOLD a good value right now?
Here's what our data says about GOLD as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 45. Free cash flow is currently negative. Return on equity is 10.8%. Price-to-book is 1.4x. This is not a buy or sell recommendation — always do your own research.
How does GOLD compare to the S&P 500?
Over the past 11.4 years, $100 invested in GOLD would have grown to $1160, compared to $429 for the S&P 500. That's 23.9% annualized vs 13.6% for the index. GOLD has outperformed the broader market over this period.
Does GOLD pay a dividend?
Yes. Barrick Gold Corporation currently pays a dividend yield of 183.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19