Barrick Gold Co. (TSE:ABX - Get Free Report) NYSE: ABX Senior Officer Henri Louis Gonin sold 1,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total value of C$27,720.55.
Barrick Gold Stock Performance
Shares of ABX stock traded down C$0.63 during midday trading on Friday, hitting C$27.38. 2,862,316 shares of the company were exchanged, compared to its average volume of 3,403,236. The firm has a market capitalization of C$33.28 billion, a P/E ratio of 20.62, a PEG ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a quick ratio of 2.62 and a current ratio of 2.65. Barrick Gold Co. has a 52 week low of C$21.73 and a 52 week high of C$29.50. The firm's 50 day moving average price is C$25.60 and its two-hundred day moving average price is C$25.38.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Stifel Canada upgraded shares of Barrick Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. Royal Bank of Canada raised their price target on Barrick Gold to C$19.00 and gave the company a "buy" rating in a research note on Wednesday, February 12th. Scotiabank lowered Barrick Gold from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 21st. Canaccord Genuity Group cut their price objective on Barrick Gold from C$33.50 to C$30.00 in a report on Wednesday, January 15th. Finally, Stifel Nicolaus lowered their target price on shares of Barrick Gold from C$33.50 to C$32.00 in a report on Monday, December 2nd. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat, Barrick Gold presently has an average rating of "Moderate Buy" and an average target price of C$31.55.
Read Our Latest Research Report on ABX
About Barrick Gold
(
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Barrick Gold Corp is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.
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