Barrick Gold Corp. Announces Quarterly Dividend of C$0.05 (ABX)
Barrick Gold Corp. (TSE:ABX) announced a Quarterly dividend on Wednesday, August 27th, Stock Ratings Network reports. Investors of record on Monday, September 15th will be paid a dividend of 0.05 per share on Monday, September 15th. This represents a dividend yield of 0.99%. The ex-dividend date is Wednesday, August 27th.
ABX has been the subject of a number of recent research reports. Analysts at Goldman Sachs raised their price target on shares of Barrick Gold Corp. from C$23.00 to C$24.00 in a research note on Wednesday, August 20th. On a related note, analysts at RBC Capital raised their price target on shares of Barrick Gold Corp. from C$23.00 to C$25.00 in a research note on Thursday, August 7th. They now have an “outperform” rating on the stock. Finally, 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. One research analyst has rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of C$19.78.
Shares of Barrick Gold Corp. (TSE:ABX) opened at 19.95 on Wednesday. Barrick Gold Corp. has a 52-week low of $16.325 and a 52-week high of $23.78. The stock’s 50-day moving average is $20.22 and its 200-day moving average is $20.06. The company’s market cap is $23.235 billion.
Barrick Gold Corp. (TSE:ABX) last announced its earnings results on Friday, August 1st. The company reported $0.15 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.16 by $0.01. On average, analysts predict that Barrick Gold Corp. will post $0.79 earnings per share for the current fiscal year.
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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