Barrick Gold Co. (TSE:ABX - Get Free Report) NYSE: ABX's share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$25.35 and traded as high as C$27.69. Barrick Gold shares last traded at C$27.67, with a volume of 2,364,875 shares traded.
Analyst Ratings Changes
ABX has been the topic of several research reports. Stifel Nicolaus raised their price objective on shares of Barrick Gold from C$34.00 to C$37.00 and gave the stock a "buy" rating in a research report on Monday, April 21st. National Bankshares lifted their target price 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. UBS Group raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a report on Wednesday, March 5th. Sanford C. Bernstein lowered their target price on shares of Barrick Gold from C$45.00 to C$43.00 and set an "outperform" rating on the stock in a report on Friday, May 2nd. Finally, Stifel Canada raised shares of Barrick Gold to a "strong-buy" rating in a report on Wednesday, March 19th. Five analysts have rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of C$33.67.
Read Our Latest Research Report on ABX
Barrick Gold Price Performance
The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. The company's 50 day moving average is C$26.73 and its 200 day moving average is C$25.42. The stock has a market cap of C$35.64 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 2.34 and a beta of 0.48.
Insider Activity at Barrick Gold
In other Barrick Gold news, Senior Officer Henri Louis Gonin sold 1,000 shares of Barrick Gold stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total transaction of C$27,720.55. Company insiders own 0.60% of the company's stock.
About Barrick Gold
(
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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