Analysts Recommendations Barrick Gold Corporation (ABX)

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Barrick Gold Corporation (ABX) belongs to the "Basic Materials" sector with an industry focus on "Gold", with Mr. John Lawson Thornton as Non-Independent Exec. Chairman and Member of International Advisory Board.

Now the P/E of Barrick Gold Corporation stands at 14.07. Zacks Investment Research raised shares of Barrick Gold Corp from a "strong sell" rating to a "hold" rating in a research note on Tuesday, January 31st.

Now the shares of Barrick Gold Corporation (ABX) has a trading volume of 21.31 Million shares, with an average trading volume of 12460 shares - with shares dropping to a 52 week low of $13.79, and the company's shares hitting a 52 week high of $ 23.38.

The target price for Barrick Gold Corporation (ABX) is $21.48/share according to the consensus of analysts working on the stock, with an expected EPS of $0.18/share for the current quarter. 2 analysts have the stock rated Hold, and 0 are giving a Sell recommendation. The stock has dropped -61.06% from its peak and the consensus price target for the stock is $3.50 a share.

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Barrick Gold Corp (NYSE:ABX) last posted its quarterly earnings results on Monday, April 24th.

Return on assets, on the other hand, measures a company's ability to turn assets such as cash, buildings, equipment, or inventory into more assets. While the company's share hit the 52 week high on 07/06/16 stationing the value of $23.38. The company has Beta Value of -0.27 and ATR value of 0.45. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 0.31% where SMA50 and SMA200 are -6.35% and -3.39% respectively. Now the P/E of Barrick Gold Corporation (ABX) stands at 13.95. At recent closing price of $8.54, VALE has a chance to add $1.95 or 22.83% in 52 weeks, based on mean target price ($10.49) placed by analysts.The analyst consensus opinion of 2.6 looks like a hold. Barrick Gold Corp has a 1-year low of $18.52 and a 1-year high of $30.44.

While considering growth estimates of the company, it has next quarter growth estimates of -16.7% whereas during current quarter it has 28.6% estimations over growth, comparing to the estimations of 5.7% during current year and 4.1% for next year. Acrospire Investment Management LLC now owns 6,600 shares of the basic materials company's stock valued at $117,000 after buying an additional 2,000 shares during the period. Thanks to a rise of nearly 4.39% in the past five days, the stock price is now up 7.23% so far on the year - still in strong territory.

10/03/2016 - Barrick Gold Corporation was upgraded to "buy" by analysts at Deutsche Bank. The author does not have any position in the stock mentioned and in no way is recommending to Buy or Sell Vipshop Holdings Limited. Acrospire Investment Management LLC boosted its position in Barrick Gold Corp by 43.5% in the third quarter. Institutional investors and hedge funds own 58.61% of the company's stock.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Wednesday, May 31st will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend is Friday, May 26th. There is a large variety of Financial Ratios that can be considered while making an investment decision but here in the case of Barrick Gold Corporation (ABX), we will discuss a few.

The company has been one of the biggest innovators in "Gold" employing approximately full time employees. The Firm is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development.



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