Barrick Gold Co. (TSE:ABX) Senior Officer Henri Louis Gonin Sells 1,000 Shares

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) Senior Officer Henri Louis Gonin sold 1,000 shares of the company’s stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total transaction of C$27,720.55.

Barrick Gold Trading Down 0.3 %

TSE ABX traded down C$0.07 on Wednesday, reaching C$27.57. The stock had a trading volume of 647,071 shares, compared to its average volume of 3,404,681. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83. The stock has a fifty day moving average price of C$25.31 and a two-hundred day moving average price of C$25.39. Barrick Gold Co. has a 12-month low of C$21.23 and a 12-month high of C$29.50. The firm has a market capitalization of C$33.51 billion, a price-to-earnings ratio of 20.76, a P/E/G ratio of 2.34 and a beta of 0.48.

Analyst Ratings Changes

Several analysts have issued reports on ABX shares. Scotiabank cut Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 21st. TD Cowen reissued a “buy” rating and issued a C$36.00 price objective on shares of Barrick Gold in a report on Tuesday, January 14th. Canaccord Genuity Group cut their price objective on shares of Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. UBS Group upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 5th. Finally, National Bankshares raised their price target on shares of Barrick Gold from C$27.00 to C$33.00 and gave the stock a “sector perform” rating in a report on Wednesday, March 19th. Four investment analysts have rated the stock with a hold rating, six have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Barrick Gold currently has an average rating of “Moderate Buy” and a consensus target price of C$31.55.

Barrick Gold Company Profile

Barrick Gold Corp is one of the world’s largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.