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 on 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 0.2 %

ABX opened at C$27.59 on Thursday. Barrick Gold Co. has a fifty-two week low of C$21.23 and a fifty-two week high of C$29.50. The firm has a market capitalization of C$33.53 billion, a PE ratio of 20.77, a P/E/G ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. The company’s 50-day moving average is C$25.41 and its 200 day moving average is C$25.39.

Analyst Upgrades and Downgrades

ABX has been the topic of several recent analyst reports. TD Cowen restated a “buy” rating and issued a C$36.00 target price on shares of Barrick Gold in a report on Tuesday, January 14th. Canaccord Genuity Group lowered their price objective on Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Scotiabank lowered Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Royal Bank of Canada raised their target price on Barrick Gold to C$19.00 and gave the stock a “buy” rating in a research note on Wednesday, February 12th. Finally, Stifel Canada raised Barrick Gold to a “strong-buy” rating in a research note on Wednesday, March 19th. Four investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average 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.