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Rank #2 · NYSE:GOLD
Senior Producer · Primary: Gold · Also: Silver
Canada · Jurisdictions: Canada, United States, Mali, DRC, Argentina, Pakistan
Canonical listing price
$41.06
+2.68%(+1.07 USD)
Updated 10/9/2026, 1:30:00 PM
Price data: Twelve Data
Gold · Senior Producer
vs Gold
1M -1.6 pp·3M +19.1 pp
vs GDX
1M +1.5 pp·3M -7.4 pp
1M vs Gold Miners group: +1.6 pp
Jurisdiction: Canada, United States, Mali, DRC, Argentina, Pakistan · Market cap rank-only (licensing)
Close-based returns and relative performance in percentage points vs mapped metal/ETF. Not a buy/sell signal or price target.
Next report
Reporting calendar →FY2026 · Expected window 2028-03-10 → 2028-03-25
Expected window 2028-03-10 → 2028-03-25 (FY2026).
Valuation
Current market multiples relative to reported TTM financials. Peer context uses the Mining 50 Gold · Senior Producer group. Not fair value, price targets, or investment advice.
Historical Valuation
Point-in-time multiples at annual filing dates using prices and financials publicly available as of each date. Percentiles and medians use available history only — descriptive context, not fair value or investment advice.
P/FCF
EV/FCF
Historical chart
Each point is a filing-date snapshot — not a continuous daily valuation series.
Filing-date periodic snapshots · 5 observations · price source: Twelve Data
MINING50-HISTORICAL-VALUATION-1.0 · filing-date periodic
Balance Sheet & Capital Allocation
Annual FY trends from certified filing data. Descriptive direction and magnitude only — not a quality score or investment recommendation.
Cash
$6.71B
+$2.63B YoY (+64.6%)
Debt
$4.70B
$-26.00M YoY (-0.5%)
Net Debt
Net Cash: $2.00B
Moved from $655.00M net debt to $2.00B net cash.
Share Count
1.68B
-51.7M shares YoY (-3.0%)
3-year share count change: -4.6% over 3 years
Capex / Revenue
22.5%
Prior year: 24.6%
FCF Conversion
50.3%
Prior year: 29.3%
FCF (FY)
$3.87B
+$2.55B YoY (+193.7%)
Cash Build
Cash increased $2.63B (+64.6%) versus the prior year.
2024-12-31 → 2025-12-31
Higher Capex
Capital expenditures increased from $3.17B to $3.82B.
2024-12-31 → 2025-12-31
Operating Performance
Annual FY revenue, cash flow, capex, and margins from certified filing data. Descriptive trends only — not a quality score or investment recommendation.
Revenue
$16.96B
+$4.03B YoY (+31.2%)
Operating Cash Flow
$7.69B
+$3.20B YoY (+71.2%)
Free Cash Flow
$3.87B
+$2.55B YoY (+193.7%)
Capex
$3.82B
+$647.00M YoY (+20.4%)
3-year revenue change: +54.0% over 3 years
OCF Margin
45.3%
Prior year: 34.8%
Change: +10.6 pp
FCF Margin
22.8%
Prior year: 10.2%
Change: +12.6 pp
Capex / Revenue
22.5%
Prior year: 24.6%
Revenue Increase
Revenue increased 31.2% versus the prior comparable period.
2024-12-31 → 2025-12-31
Operating Cash Flow Increase
Operating cash flow increased $3.20B (+71.2%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Free Cash Flow Increase
Free cash flow increased $2.55B (+193.7%) versus the prior comparable period.
2024-12-31 → 2025-12-31
Higher Capital Spending
Capital expenditures increased from $3.17B to $3.82B.
2024-12-31 → 2025-12-31
OCF Margin Increase
Operating cash flow margin moved from 34.8% to 45.3% (+10.6 pp).
2024-12-31 → 2025-12-31
Fundamental Changes
Deterministic changes from certified financial metrics. Descriptive only — not a quality score or investment recommendation.
Latest filing period: 8 material changes · 9 operating · 6 balance-sheet · 1 capital-allocation
FY2025 · Filed Feb 27, 2026
Cash Build
Cash increased $2.63B (+64.6%) versus the prior year.
Official filing sourceRevenue Increase
Revenue increased 31.2% versus the prior comparable period.
Official filing sourceOperating Cash Flow Increase
Operating cash flow increased $3.20B (+71.2%) versus the prior comparable period.
Official filing sourceFree Cash Flow Increase
Free cash flow increased $2.55B (+193.7%) versus the prior comparable period.
Official filing sourceOCF Margin Increase
Operating cash flow margin moved from 34.8% to 45.3% (+10.6 pp).
Official filing sourceFCF Margin Increase
Free cash flow margin moved from 10.2% to 22.8% (+12.6 pp).
Official filing sourceMoved to Net Cash
The company moved from $655.00M of net debt to $2.00B of net cash.
Official filing sourceHigher Capex
Capital expenditures increased from $3.17B to $3.82B.
Official filing sourceModules: mtf-trend, momentum, relative-strength · Last calculated: 10/12/2026, 10:40:50 AM
Price data provided by Twelve Data. Charts provided by TradingView. Grey Rabbit Scores and analysis are proprietary to Grey Rabbit Markets.
Gold · Senior Producer · factual only
| Company | Market Cap | Production | AISC | Net Debt / Cash |
|---|---|---|---|---|
| Barrick Mining Corporation(GOLD) | $71.86B | 4.05 Moz | $1,350/oz | $1.20B |
| Agnico Eagle Mines Limited(AEM) | — | 3.45 Moz | $1,200/oz | $800.00M |
| AngloGold Ashanti plc(AU) | — | 2.65 Moz | $1,500/oz | $700.00M |
| Gold Fields Limited(GFI) | — | 2.30 Moz | $1,550/oz | $900.00M |
| Newmont Corporation(NEM) | — | 5.26 Moz | $1,358/oz | $2.53B |
Sorted by market cap then name — not a ranking. Comparable curated fields only.
Multi-period filing history is available on Pro. Latest TTM P&L above is public.
Derived: eligible price × ADR-aware shares · Barrick Gold Corporation · Derived: Debt − Cash · Through 2026-02-12 · Coverage 7/8 key fields · not live filing scrape · Filing-backed TTM P&L from SEC companyfacts (cached — not live scrape)
Periods: Q4 2025 · FY 2026 Guidance · FY 2025 · YE 2025 · 2025-12-31
MINING50-MARKETCAP-1.0 · MINING50-NETDEBT-1.0 · MINING50-TTM-1.0 · MINING50-FCF-1.0 · MINING50-FCF-MARGIN-1.0
Grey Rabbit Markets provides independent market research and educational content. Nothing on this website constitutes investment, legal, tax, or financial advice. Past performance does not guarantee future results.