Barrick Gold Corp. (ABX) Announces Quarterly Results
Barrick Gold Corp. (TSE:ABX) issued its quarterly earnings data on Friday. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.16 by $0.01, StockRatingsNetwork.com reports.
ABX has been the subject of a number of recent research reports. Analysts at Canaccord Genuity raised their price target on shares of Barrick Gold Corp. from C$18.50 to C$19.00 in a research note on Thursday, July 17th. They now have a “sell” rating on the stock. Finally, analysts at TD Securities raised their price target on shares of Barrick Gold Corp. from C$20.00 to C$21.00 in a research note on Thursday, July 10th. They now have a “hold” rating on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and one has issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of C$18.76.
Barrick Gold Corp. (TSE:ABX) opened at 19.70 on Friday. Barrick Gold Corp. has a one year low of $16.19 and a one year high of $23.78. The stock’s 50-day moving average is $19.63 and its 200-day moving average is $20.13. The company’s market cap is $22.944 billion.
The company also recently declared a Quarterly dividend, which is scheduled for Monday, September 15th. Stockholders of record on Monday, September 15th will be given a dividend of $0.05 per share. This represents a yield of 0.99%. The ex-dividend date of this dividend is Wednesday, August 27th.
Barrick Gold Corporation (TSE:ABX) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development.
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