This week, I'm looking for the sixth basic materials representative of nine for my Ivy portfolio.

The materials sector has thirteen industries all related to mining, making, and delivering essential commodities. They are: agricultural inputs; aluminum; building materials; chemicals; coal; copper; industrial metals; steel; paper; silver; specialty chemicals; gold.

Today I'm reviewing a large-cap Gold company named Barrick Gold Corp. Their trading ticker symbol is GOLD.

Based in Toronto, Barrick Gold is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa.

In 2018, the firm produced roughly 4.5 million attributable ounces of gold and more than 380 million pounds of copper. Gold production will rise following the acquisition of Randgold at the end of 2018. As of Dec. 31, 2018, Barrick had 75 million ounces and 7.6 billion pounds of proven and probable gold and copper reserves, respectively, including recently acquired assets.

Barrick Gold Corporation was founded in 1983 and as mentioned is headquartered in Toronto, Canada.

I use three key data points to gauge dividend paying equities or funds like Barrick Gold Corporation:

(1) Price

(2) Dividends

(3) Returns

Besides those three, several other keys will finally unlock an equity or fund in which to invest.

Those first three primary keys, however, best tell whether a company has made, is making, and will make money.

GOLD Price

Barrick's price per share closed at $14.37 yesterday. A year ago its price was $12.86. Price rose $1.51 or about  11.7% in the past year.

Assuming Barrick's stock trades in the range of $11.00 to $16.00 this year, Barrick's recent $14.37 price could rise by $0.63 and go to $15.00 by mid-June, 2020.

GOLD Dividends

Barrick's most recent quarterly dividend was $0.04 paid May 30th.

That $0.04 Q payout equates to an annual dividend of $0.16 which produces a yield of 1.12% based on yesterday's $14.37 closing price.

Gains For GOLD?

Adding the $0.16 annual estimated dividend to my $0.63 estimate of Barrick's price upside shows a $0.79 potential gross annual gain, per share, which will be reduced by costs to trade those shares.

Say we pay a little over $1,000.00 today at the $14.37 recent stock price would buy us 70 Barrick Gold Corp shares.

A $10 broker fee paid half at purchase and half at sale will cost us $0.14 per share.

Subtract that $0.14 brokerage cost from the estimated $0.70 gross annual gain leaves a net gain of $0.56 X 70 shares = $39.20 or a 3.9% net gain on a $1005.90 investment.

Therefore, Barrick Gold Corp whose trading ticker symbol is GOLD now shows a possible net gain of 3.9% including a 1.12% dividend yield.

Nineteen brokers track Barrick Gold Corp stock:

Three say "buy" GOLD shares

Two say GOLD shares will "outperform" peers

Fourteen say "hold" your GOLD shares.

Their consensus recommendation is to "hold" GOLD.

Therefore, you can look at Barrick Gold Corp and see it has made money, is making money, and could net a 3.9% gain including a 1.2% dividend yield. It could be more, it could be less.

The above speculation is based on past year performance. The actual results remain to be seen to determine if Barrick Gold Corp is worth your time and money.