2 weeks Ago By Defense World Staff
Barrick Gold Corp ( NYSE:GOLD – Get Free Report ) (TSE:ABX)’s stock price was down 0.1% during mid-day trading on Tuesday after TD Securities lowered their price target on the stock from $26.00 to $25.
00. TD Securities currently has a buy rating on the stock. Barrick Gold traded as low as $17.
47 and last traded at $17.66. Approximately 4,863,852 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 21,481,240 shares.
The stock had previously closed at $17.68. GOLD has been the subject of several other reports.
UBS Group lowered Barrick Gold from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $23.00 to $22.00 in a research report on Wednesday, October 30th.
Cibc World Mkts lowered shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Monday. Scotiabank reduced their target price on shares of Barrick Gold from $24.00 to $23.
00 and set a “sector outperform” rating for the company in a research note on Monday. Jefferies Financial Group increased their target price on Barrick Gold from $23.00 to $24.
00 and gave the stock a “buy” rating in a report on Friday, September 13th. Finally, Argus upgraded Barrick Gold from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a report on Thursday, August 29th.
Five analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $24.91.
Read Our Latest Report on Barrick Gold Institutional Investors Weigh In On Barrick Gold Barrick Gold Stock Down 0.7 % The company has a market cap of $30.70 billion, a price-to-earnings ratio of 18.
88, a P/E/G ratio of 0.43 and a beta of 0.56.
The company has a debt-to-equity ratio of 0.14, a current ratio of 2.65 and a quick ratio of 2.
06. The firm has a 50-day moving average price of $19.36 and a 200 day moving average price of $18.
54. Barrick Gold Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be given a dividend of $0.
10 per share. This represents a $0.40 annualized dividend and a yield of 2.
28%. The ex-dividend date is Friday, November 29th. Barrick Gold’s payout ratio is 43.
01%. 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. Read More Five stocks we like better than Barrick Gold 2 Fintech Stocks to Buy Now and 1 to Avoid Cerence Up 155% in 2 Days: SoundHound AI’s Fierce Competitor Investing in Travel Stocks Benefits Why Warren Buffett Is Selling: A Look at His Latest Market Moves Investing in Construction Stocks Why Amazon Shares May Never Trade Below $200 Again 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 .
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