Barrick Gold (TSE:ABX) Insider Sarah Anna Ball Teslik Acquires 12,613 Shares

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) insider Sarah Anna Ball Teslik purchased 12,613 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were acquired at an average cost of C$67.27 per share, with a total value of C$848,476.51. Following the completion of the transaction, the insider directly owned 12,613 shares of the company’s stock, valued at C$848,476.51. The trade was a ∞ increase in their position.

Barrick Gold Stock Performance

Shares of Barrick Gold stock opened at C$67.58 on Wednesday. The business’s fifty day simple moving average is C$54.92 and its 200 day simple moving average is C$57.55. The company has a current ratio of 3.01, a quick ratio of 2.62 and a debt-to-equity ratio of 17.15. Barrick Gold Co. has a 12 month low of C$35.97 and a 12 month high of C$74.00. The firm has a market capitalization of C$113.23 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 2.34 and a beta of 1.60.

Barrick Gold (TSE:ABX) (NYSE:ABX) last announced its quarterly earnings data on Monday, August 10th. The basic materials company reported C$1.17 earnings per share (EPS) for the quarter. Barrick Gold had a return on equity of 24.57% and a net margin of 31.60%.The firm had revenue of C$6.06 billion during the quarter. As a group, analysts anticipate that Barrick Gold Co. will post 2.2422764 EPS for the current year.

Analyst Upgrades and Downgrades

ABX has been the topic of several research reports. Canaccord Genuity Group lifted their price objective on shares of Barrick Gold from C$68.00 to C$73.00 and gave the stock a “buy” rating in a research report on Tuesday. Raymond James Financial reduced their target price on shares of Barrick Gold from C$58.00 to C$56.00 and set an “outperform” rating for the company in a research report on Tuesday, August 11th. Barclays lifted their price target on shares of Barrick Gold from C$55.00 to C$58.00 in a report on Thursday, August 13th. National Bank Financial upped their price objective on Barrick Gold from C$67.50 to C$70.00 and gave the company an “outperform” rating in a research note on Tuesday, August 11th. Finally, ATB Cormark Capital Markets reduced their price objective on Barrick Gold from C$60.00 to C$57.00 and set a “sector perform” rating for the company in a report on Tuesday, August 11th. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$67.67.

Barrick Gold Company Profile

Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and long-life gold and copper assets in the industry – including six of the world’s Tier One gold mines -Barrick’s operations and projects span 18 countries and five continents. Barrick is also the largest gold producer in the United States. We create real, long-term value for all stakeholders through responsible mining, strong partnerships and a disciplined approach to growth.