Barrick Gold Co. (TSE:ABX - Get Free Report) NYSE: ABX's stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$25.42 and traded as high as C$28.26. Barrick Gold shares last traded at C$27.78, with a volume of 2,228,551 shares traded.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. UBS Group raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Scotiabank cut shares of Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 21st. National Bankshares upped their price target on shares of Barrick Gold from C$27.00 to C$33.00 and gave the company a "sector perform" rating in a report on Wednesday, March 19th. Stifel Canada raised Barrick Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. Finally, National Bank Financial raised Barrick Gold to a "hold" rating in a report on Friday, March 21st. Four 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$32.36.
Get Our Latest Analysis on ABX
Barrick Gold Trading Up 0.0 %
The company has a 50 day moving average price of C$26.07 and a two-hundred day moving average price of C$25.41. The firm has a market capitalization of C$30.53 billion, a price-to-earnings ratio of 18.91, a P/E/G 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.
Insider Buying and Selling at Barrick Gold
In other Barrick Gold news, Director Dennis Mark Bristow bought 230,872 shares of Barrick Gold stock in a transaction dated Tuesday, February 25th. The stock was acquired at an average cost of C$25.71 per share, for a total transaction of C$5,936,042.34. Also, Senior Officer Poupak Bahamin sold 17,633 shares of the firm's stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of C$25.96, for a total transaction of C$457,781.77. Insiders own 0.60% of the company's stock.
Barrick Gold Company Profile
(
Get Free Report)
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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