Brokers Recommendations on: Barrick Gold Corporation (NYSE:ABX)


Barrick Gold Corporation (NYSE:ABX) currently has a “Sell” signals on Composite indicators by TrendSpotter. While the Short-Term Technical Indicators for the stock on 7-Day Average Directional Indicator shows “Sell” signal. 10 – 8 Day Moving Average Hilo Channel shows “Sell” signal. While 20-Day Moving Average VS Current Price shows “Sell” Signal.

Barrick Gold Corporation (NYSE:ABX) lost -1.6 Percent and closed its previous trading session at $13.55. The stock traded with the average Volume of 9.39 Million at the end of last session.

Barrick Gold Corporation (NYSE:ABX) has the Market Capitalization of 16.09 Billion. The Stock has its 52-week High of $20.78 and 52-Week Low of $13.46 and it touched its 52-week high on 02/17/17 and 52-Week Low on 11/30/17.

The company reported its last earnings Actual EPS of $0.16/share. While, the analyst predicted that the company could provide an EPS of $0.17/share. Hence the difference between Predicted EPS and Actual EPS reported is $-0.01/share which shows an Earnings Surprise of -5.9 Percent.

Several analysts are forecasting growth estimate of Barrick Gold Corporation for the current quarter to be -4.5%. Their projections for the Next Quarter growth is 35.7 percent. While for the Next 5 years, the company could expect a growth of -6.89% per annum, whereas in the past Five years Barrick Gold Corporation (NYSE:ABX) showed a growth of -30.64 Percent per annum.

Sell side analysts plays vital role in buying and selling a stock where 5 analysts rated Barrick Gold Corporation (NYSE:ABX) as Buy, 0 analysts given Outperform signal, 10 reported Hold, and 0 analysts rated the stock as Sell.

The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -3.22% where SMA50 and SMA200 are -10.07% and -19.02% respectively.

The company shows its Return on Assets (ROA) value of 8.5%. The Return on Equity (ROE) value stands at 24.3%. While it’s Return on Investment (ROI) value is 9.5%.

Barrick Gold Corporation (NYSE:ABX) currently has a Weekly Volatility of 2.58% percent while its Monthly Volatility is at 1.73% percent. While talking about Performance of the Stock, Barrick Gold Corporation currently has a Weekly performance of -3.42%, monthly performance percentage is -3.28 percent, Quarterly performance is -24.72 percent, 6 months performance shows a percent value of -18.57% and Yearly Performance is -12.52 percent.

Company Profile:

Barrick Gold Corporation is a leading international gold producer with low-cost mines in North and South America.