Currently, there are 1.75B common shares owned by the public and among those 1.74B shares have been available to trade.
The company’s stock has a 5-day price change of -1.57% and -20.04% over the past three months. GOLD shares are trading 1.42% year to date (YTD), with the 12-month market performance down to -9.66% lower. It has a 12-month low price of $13.76 and touched a high of $21.35 over the same period. GOLD has an average intraday trading volume of 20.82 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -1.28%, -8.02%, and -12.56% respectively.
Institutional ownership of Barrick Gold Corp (NYSE: GOLD) shares accounts for 62.12% of the company’s 1.75B shares outstanding.
It has a market capitalization of $27.48B and a beta (3y monthly) value of 0.54. The stock’s trailing 12-month PE ratio is 16.95, while the earnings-per-share (ttm) stands at $0.93. The company has a PEG of 0.53 and a Quick Ratio of 2.06 with the debt-to-equity ratio at 0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.50% over the week and 2.27% over the month.
Analysts forecast that Barrick Gold Corp (GOLD) will achieve an EPS of 0.43 for the current quarter, 0.35 for the next quarter and 1.84 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0.38 while analysts give the company a high EPS estimate of 0.38. Comparatively, EPS for the current quarter was 0.27 a year ago. Earnings per share for the fiscal year are expected to increase by 48.69%, and 39.77% over the next financial year.
UBS coverage for the Barrick Gold Corp (GOLD) stock in a research note released on October 30, 2024 offered a Neutral rating with a price target of $22. Argus was of a view on August 29, 2024 that the stock is Buy, while Jefferies gave the stock Buy rating on February 29, 2024, issuing a price target of $15- $21. Argus on their part issued Hold rating on February 26, 2024.
