Shares of Barrick Gold Corp (TSE:ABX) (NYSE:ABX) have received a consensus rating of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$25.17.

ABX has been the topic of a number of research analyst reports. Clarkson Capital reaffirmed a “neutral” rating on shares of Barrick Gold Corp in a report on Wednesday, May 10th. BMO Capital Markets reaffirmed an “outperform” rating and issued a C$24.00 target price on shares of Barrick Gold Corp in a report on Thursday, May 25th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barrick Gold Corp in a report on Friday, June 23rd. Scotiabank reaffirmed a “sector perform” rating and issued a C$30.00 target price on shares of Barrick Gold Corp in a report on Tuesday, July 4th. Finally, TD Securities reaffirmed a “hold” rating and issued a C$27.00 target price on shares of Barrick Gold Corp in a report on Tuesday, July 4th.

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Barrick Gold Corp (TSE:ABX) traded down 3.11% during midday trading on Wednesday, reaching $21.83. The company had a trading volume of 2,414,610 shares. Barrick Gold Corp has a one year low of $18.52 and a one year high of $27.19. The stock’s 50 day moving average price is $21.27 and its 200-day moving average price is $22.80. The firm has a market capitalization of $25.45 billion and a P/E ratio of 10.81.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be issued a $0.03 dividend. The ex-dividend date is Tuesday, August 29th. This represents a $0.12 annualized dividend and a yield of 0.55%.

About Barrick Gold Corp

Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company’s segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.

Analyst Recommendations for Barrick Gold Corp (TSE:ABX)

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