Barrick Gold Co. (TSE:ABX - Get Free Report) NYSE: ABX passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$25.13 and traded as high as C$26.17. Barrick Gold shares last traded at C$26.09, with a volume of 1,610,531 shares trading hands.
Analyst Ratings Changes
A number of research analysts recently commented on ABX shares. BMO Capital Markets upgraded Barrick Gold to a "hold" rating in a research note on Tuesday, April 15th. Royal Bank of Canada increased their price target on shares of Barrick Gold to C$19.00 and gave the stock a "buy" rating in a research report on Wednesday, February 12th. UBS Group raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 5th. National Bankshares increased their target price on shares of Barrick Gold from C$27.00 to C$33.00 and gave the stock a "sector perform" rating in a research report on Wednesday, March 19th. Finally, Stifel Canada raised Barrick Gold to a "strong-buy" rating in a report on Wednesday, March 19th. Five research analysts have rated the stock with a hold rating, five have assigned a buy rating and three have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Barrick Gold currently has an average rating of "Moderate Buy" and a consensus price target of C$33.67.
View Our Latest Research Report on ABX
Barrick Gold Price Performance
The company has a 50 day moving average price of C$26.62 and a 200 day moving average price of C$25.14. The company has a market capitalization of C$31.99 billion, a price-to-earnings ratio of 19.82, a PEG ratio of 2.34 and a beta of 0.48. The company has a current ratio of 2.65, a quick ratio of 2.62 and a debt-to-equity ratio of 19.83.
Insider Buying and Selling
In other Barrick Gold news, Senior Officer Henri Louis Gonin sold 1,000 shares of Barrick Gold stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total transaction of C$27,720.55. Corporate insiders own 0.60% of the company's stock.
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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