2 days Ago By ABMN Staff
Shares of Barrick Gold Corp ( NYSE:GOLD – Get Free Report ) (TSE:ABX) have earned an average recommendation of “Moderate Buy” from the ten brokerages that are covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $23.
90. Several research firms have issued reports on GOLD. Raymond James cut their price objective on Barrick Gold from $26.
50 to $26.00 and set an “outperform” rating for the company in a research report on Thursday, September 26th. Jefferies Financial Group raised their price objective on shares of Barrick Gold from $23.
00 to $24.00 and gave the company a “buy” rating in a research note on Friday, September 13th. Royal Bank of Canada upped their target price on shares of Barrick Gold from $21.
00 to $22.00 and gave the stock an “outperform” rating in a research report on Tuesday, September 10th. TD Securities reduced their price target on shares of Barrick Gold from $27.
00 to $26.00 and set a “buy” rating for the company in a research report on Friday. Finally, Argus upgraded Barrick Gold from a “hold” rating to a “buy” rating and set a $24.
00 price target on the stock in a report on Thursday, August 29th. Read Our Latest Research Report on Barrick Gold Institutional Trading of Barrick Gold Barrick Gold Stock Down 0.4 % Shares of NYSE:GOLD opened at $18.
40 on Tuesday. Barrick Gold has a fifty-two week low of $13.76 and a fifty-two week high of $21.
35. The company has a quick ratio of 2.31, a current ratio of 3.
01 and a debt-to-equity ratio of 0.15. The firm’s 50-day simple moving average is $19.
95 and its 200-day simple moving average is $18.46. The company has a market cap of $32.
16 billion, a price-to-earnings ratio of 21.40, a PEG ratio of 0.43 and a beta of 0.
56. Barrick Gold ( NYSE:GOLD – Get Free Report ) (TSE:ABX) last released its earnings results on Monday, August 12th. The gold and copper producer reported $0.
32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05.
The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.13 billion.
Barrick Gold had a return on equity of 5.53% and a net margin of 12.78%.
The firm’s quarterly revenue was up 11.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.
19 EPS. As a group, equities research analysts predict that Barrick Gold will post 1.29 earnings per share for the current year.
Barrick Gold Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a $0.10 dividend.
The ex-dividend date is Friday, November 29th. This represents a $0.40 dividend on an annualized basis and a yield of 2.
17%. Barrick Gold’s dividend payout ratio (DPR) is 46.51%.
About Barrick Gold ( Get Free Report Barrick Gold Corporation is a sector-leading gold and copper producer. Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX. In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.
Further Reading Receive News & Ratings for Barrick Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Gold and related companies with MarketBeat.com's FREE daily email newsletter ..
