Barrick Gold Corp (NYSE:GOLD) (TSE:ABX) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.40 and traded as high as $17.01. Barrick Gold shares last traded at $16.89, with a volume of 857,410 shares trading hands.
A number of equities analysts have recently issued reports on GOLD shares. Bank of America raised their target price on shares of Barrick Gold from $20.00 to $21.00 and gave the stock a “neutral” rating in a research report on Tuesday, September 24th. National Bank Financial reaffirmed an “outperform overweight” rating on shares of Barrick Gold in a report on Thursday, October 3rd. HC Wainwright increased their price target on shares of Barrick Gold from $5.00 to $5.75 and gave the stock a “buy” rating in a research note on Monday, August 19th. Finally, ValuEngine cut shares of Barrick Gold from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $16.54.
The business has a 50-day simple moving average of $16.81 and a two-hundred day simple moving average of $16.49. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.76 and a current ratio of 2.99. The company has a market capitalization of $30.72 billion, a price-to-earnings ratio of 49.36, a PEG ratio of 15.89 and a beta of -0.37.
About Barrick Gold (NYSE:GOLD)
Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the ZaldÃvar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia.
Featured Article: What causes a recession?
Receive News & Ratings for Barrick Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Gold and related companies with MarketBeat.com's FREE daily email newsletter.