African Barrick Gold (ABG)

Sector:

Mining

Index:

FTSE 250

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339.60p
   
  • Change Today:
    -2.30p
  • 52 Week High: 616.50p
  • 52 Week Low: 309.80p
  • Currency: UK Pounds
  • Shares Issued: 410.09m
  • Volume: 193,209
  • Market Cap: £1,392.65m
  • RiskGrade: 116
  • Beta: 0.57

ABG Overview

African Barrick Gold describes itself as Tanzania’s largest gold producer and one of the five largest gold producers in Africa. It has four producing mines, all located in north-west Tanzania, as well as several exploration projects at various stages of development. Its stated aim is to increase production to one million ounces per year by 2014. The company has four producing mines, all located in the north of Tanzania. These are Bulyanhulu, Buzwagi, North Mara and Tulawaka and regional offices in London, Johannesburg and Dar Es Salaam.

1 Day Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 3.1% 2.7%
Div Cover 4.1 4.5
Op Mrgn 33.7% 31.7%
ROCE 14.4%  
Latest F'cast
P/E 7.9 8.4
PEG 0.3 n/a
Pr/Revenue 1.8 1.8
Pr/Book 0.8  
Latest F'cast
Revenue 24.9% -58.7%
PBT 30.3% -60.5%
EPS 25.9% -5.0%
DPS 207.5% -64.3%

ABG Fundamentals

Year Ending Revenue ($m) Pre-tax ($m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-10 975.02 309.08 53.20¢ 18.0 n/a n/a 5.30¢ 0.6%
31-Dec-11 1,217.92 402.70 67.00¢ 10.7 0.4 +26% 16.30¢ 2.3%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

ABG Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-12 785.89 248.98 40.56p 8.4 n/a -5% 9.11p 2.7%
31-Dec-13 843.00 284.55 49.91p 6.8 0.3 +23% 10.75p 3.2%

Copyright © 2012 FactSet Research Systems Inc. All rights reserved.

ABG Company Announcements

Director/PDMR Shareholding 21-May-2012 11:19 PR Newswire
Annual Information Update 2012 18-May-2012 07:00 PR Newswire
Royalty Agreement with Tanzanian Government 16-May-2012 07:00 PR Newswire

ABG ShareCast News

Thursday broker round-up 17-May-2012 ShareCast
African Barrick Gold ups royalty payment to Tanz... 16-May-2012 ShareCast
African Barrick pulls trigger on Bulyanhulu expa... 10-May-2012 ShareCast

ABG Top Newspaper Links

Tanzania upsets African Barrick Gold investors 21-Oct-2011 Telegraph
TAXING TIMES FOR AFRICAN BARRICK 09-Jun-2011 Express & Star
African Barrick mine raid leaves seven intruders... 18-May-2011 Telegraph

Latest ABG Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

ABG Market Data

Currency UK Pounds
Share Price 339.60p
Change Today -2.30p
% Change -0.67 %
52 Week High 616.50p
52 Week Low 309.80p
Volume 193,209
Shares Issued 410.09m
Market Cap £1,392.65m
Beta 0.57
RiskGrade 116

ABG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.15% above the market average67.15% above the market average67.15% above the market average67.15% above the market average67.15% above the market average
46.56% below the sector average46.56% below the sector average46.56% below the sector average46.56% below the sector average46.56% below the sector average
Price Trend
68.53% below the market average68.53% below the market average68.53% below the market average68.53% below the market average68.53% below the market average
23.27% below the sector average23.27% below the sector average23.27% below the sector average23.27% below the sector average23.27% below the sector average
Income
6.22% below the market average6.22% below the market average6.22% below the market average6.22% below the market average6.22% below the market average
31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average31.03% below the sector average
Growth
30.31% above the market average30.31% above the market average30.31% above the market average30.31% above the market average30.31% above the market average
12.33% below the sector average12.33% below the sector average12.33% below the sector average12.33% below the sector average12.33% below the sector average

What The Brokers Say

Strong Buy 10
Buy 2
Neutral 4
Sell 0
Strong Sell 2
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

ABG Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-12 31-Aug-11
Paid 25-May-12 26-Sep-11
Amount 13.10¢ 3.20¢

Trades for 29-May-2012

Time Volume / Share Price
16:41 5,615 @ 341.27p
16:35 30,266 @ 339.60p
16:29 439 @ 340.70p
16:29 2,767 @ 340.70p
16:29 1,789 @ 340.70p

ABG Key Personnel

CEO Greg Hawkins
CFO Kevin Jennings

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