African Barrick Gold (ABG)

Sector:

Mining

Index:

FTSE 250

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136.80p
   
  • Change Today:
      0.40p
  • 52 Week High: 492.00p
  • 52 Week Low: 133.31p
  • Currency: UK Pounds
  • Shares Issued: 410.09m
  • Volume: 2,015,348
  • Market Cap: £561.00m
  • RiskGrade: 116
  • Beta: 0.79

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 7.9% 4.6%
Div Cover 1.6 2.1
Op Mrgn 11.7% 14.9%
ROCE 4.5%  
Latest F'cast
P/E 8.0 10.2
PEG n/a n/a
Pr/Revenue 0.8 0.9
Pr/Book 0.3  
Latest F'cast
Revenue -10.7% -60.9%
PBT -70.4% -46.9%
EPS -61.6% -20.7%
DPS n/a -74.3%

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¢ 17.3 n/a n/a 5.30¢ 0.6%
31-Dec-11 1,217.92 402.70 67.00¢ 10.3 0.4 +26% 16.30¢ 2.4%
31-Dec-12 1,087.34 119.25 25.70¢ 25.8 n/a -62% 16.30¢ 2.5%

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-13 640.36 95.23 13.43p 10.2 n/a -21% 6.31p 4.6%
31-Dec-14 728.54 147.41 23.85p 5.7 0.1 +78% 7.52p 5.5%

Copyright © 2013 FactSet Research Systems Inc. All rights reserved.

ABG Company Announcements

AFRICAN BARRICK GOLD PLC - Update on the Operati... 14-May-2013 07:00 PR Newswire
AFRICAN BARRICK GOLD PLC - Conversion Rate for 2... 09-May-2013 07:00 PR Newswire
AFRICAN BARRICK GOLD PLC - Total Voting Rights 01-May-2013 11:04 PR Newswire

ABG ShareCast News

African Barrick Gold reports 'good progress' wit... 14-May-2013 ShareCast
FTSE 250 movers: Man Group rises on anticipated ... 03-May-2013 ShareCast
Sunday share tips: ASOS, AB Foods, Archipelago R... 28-Apr-2013 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 136.80p
Change Today 0.40p
% Change 0.29 %
52 Week High 492.00p
52 Week Low 133.31p
Volume 2,015,348
Shares Issued 410.09m
Market Cap £561.00m
Beta 0.79
RiskGrade 116

ABG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.77% above the market average93.77% above the market average93.77% above the market average93.77% above the market average93.77% above the market average
78.42% above the sector average78.42% above the sector average78.42% above the sector average78.42% above the sector average78.42% above the sector average
Price Trend
90.67% below the market average90.67% below the market average90.67% below the market average90.67% below the market average90.67% below the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income
91.30% above the market average91.30% above the market average91.30% above the market average91.30% above the market average91.30% above the market average
80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average80.00% above the sector average
Growth
80.83% below the market average80.83% below the market average80.83% below the market average80.83% below the market average80.83% below the market average
74.36% below the sector average74.36% below the sector average74.36% below the sector average74.36% below the sector average74.36% below the sector average

What The Brokers Say

Strong Buy 4
Buy 0
Neutral 11
Sell 0
Strong Sell 8
Total 23
neutral
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 01-May-13 29-Aug-12
Paid 24-May-13 24-Sep-12
Amount 12.30¢ 4.00¢

Trades for 22-May-2013

Time Volume / Share Price
16:42 86,316 @ 135.45p
16:41 290,511 @ 135.50p
16:37 5,615 @ 136.80p
16:35 61,384 @ 136.80p
16:29 113 @ 137.00p

ABG Key Personnel

CEO Greg Hawkins
Chair Kelvin Paul Michael Dushnisky
CFO Jaco Maritz

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