African Barrick Gold (ABGLF) versus Freeport-McMoRan (FCX) Head to Head Survey

African Barrick Gold (OTCMKTS: ABGLF) and Freeport-McMoRan (NYSE:FCX) are both basic materials companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, valuation, risk, dividends, institutional ownership, analyst recommendations and earnings.

Earnings & Valuation

This table compares African Barrick Gold and Freeport-McMoRan’s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
African Barrick Gold $1.05 billion 0.88 $94.94 million $0.32 7.03
Freeport-McMoRan $16.40 billion 1.63 $1.82 billion $1.24 14.91

Freeport-McMoRan has higher revenue and earnings than African Barrick Gold. African Barrick Gold is trading at a lower price-to-earnings ratio than Freeport-McMoRan, indicating that it is currently the more affordable of the two stocks.


This table compares African Barrick Gold and Freeport-McMoRan’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
African Barrick Gold 15.36% 16.11% 12.04%
Freeport-McMoRan 11.08% 16.57% 4.59%

Insider & Institutional Ownership

69.8% of Freeport-McMoRan shares are owned by institutional investors. 1.3% of Freeport-McMoRan shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Volatility and Risk

African Barrick Gold has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500. Comparatively, Freeport-McMoRan has a beta of 2.42, indicating that its stock price is 142% more volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for African Barrick Gold and Freeport-McMoRan, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
African Barrick Gold 0 0 1 0 3.00
Freeport-McMoRan 3 10 5 0 2.11

Freeport-McMoRan has a consensus target price of $17.20, suggesting a potential downside of 6.98%. Given Freeport-McMoRan’s higher possible upside, analysts clearly believe Freeport-McMoRan is more favorable than African Barrick Gold.


Freeport-McMoRan beats African Barrick Gold on 11 of the 14 factors compared between the two stocks.

About African Barrick Gold

Acacia Mining plc, together with its subsidiaries, mines, processes, and sells gold in Africa. The company has three gold mines in north-west Tanzania, including Bulyanhulu, Buzwagi, and North Mara; and a portfolio of exploration projects at various stages of development in Tanzania, Kenya, Burkina Faso, and Mali. It also produces co-products, such as copper and silver. The company was formerly known as African Barrick Gold plc and changed its name to Acacia Mining plc in November 2014. The company was incorporated in 2010 and is headquartered in London, the United Kingdom. Acacia Mining plc is a subsidiary of Barrick Gold Corporation.

About Freeport-McMoRan

Freeport-McMoRan Inc. (FCX) is a mining company. The Company operates through geographical assets with proven and probable reserves of copper, gold and molybdenum, and traded copper producer. The Company’s segments include refined copper products, copper in concentrate, gold, molybdenum, oil and other. The Company’s segments include the Morenci, Cerro Verde, Grasberg copper mines, the Rod & Refining operations and the United States (U.S.) Oil and Gas Operations. The Company has organized its operations into five divisions, which include North America copper mines, South America mining, Indonesia mining and Molybdenum mines. The Company’s portfolio of assets includes the Grasberg minerals district in Indonesia, copper and gold deposits, and mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America.

Receive News & Ratings for African Barrick Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for African Barrick Gold and related companies with's FREE daily email newsletter.

Leave a Reply