Barrick Gold Inventory Turnover Ratio 2010-2023 | GOLD
Current and historical inventory turnover ratio for Barrick Gold (GOLD) from 2010 to 2023. Inventory turnover ratio can be defined as a ratio showing how many times a company's inventory is sold and replaced over a period. Barrick Gold inventory turnover ratio for the three months ending December 31, 2023 was 1.20.
| Barrick Gold Inventory Turnover Ratio Historical Data |
| Date |
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| Sector |
Industry |
Market Cap |
Revenue |
| Basic Materials |
Gold Miners |
$28.828B |
$11.397B |
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Barrick Gold Corporation, is the largest gold mining company in the world. The company has many advanced exploration and development projects located across five continents. Barrick is placed amongst the top gold producers with peers, such as Newmont and AngloGold Ashanti. The company's strategy to create value for its shareholders is focused on the following key areas: Maximizing the benefits of rising metal prices by meeting operational and financial targets. Increasing gold and copper reserves and production through exploration and selective acquisitions. Maximizing the value of its existing mines and properties by leveraging its expertise and regional infrastructure. Growing production by investing in and developing high return projects. Continuing to improve corporate social responsibility practices to maintain and strengthen its incense to operate.
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