Barrick Gold Corp (ABX) Insider Gregory Alan Pool Walker Buys 11,656 Shares of Stock
Barrick Gold Corp (TSE:ABX) (NYSE:ABX) insider Gregory Alan Pool Walker acquired 11,656 shares of the firm’s stock in a transaction that occurred on Monday, December 3rd. The stock was purchased at an average price of C$17.02 per share, with a total value of C$198,385.12.
ABX traded up C$0.20 on Thursday, hitting C$17.83. The company had a trading volume of 3,913,683 shares, compared to its average volume of 2,837,569. Barrick Gold Corp has a 12-month low of C$12.54 and a 12-month high of C$19.49. The company has a current ratio of 2.65, a quick ratio of 1.22 and a debt-to-equity ratio of 53.76.
Barrick Gold (TSE:ABX) (NYSE:ABX) last posted its earnings results on Wednesday, October 24th. The company reported C$0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.08 by C$0.02. The company had revenue of C$2.40 billion during the quarter, compared to analysts’ expectations of C$2.35 billion. As a group, research analysts anticipate that Barrick Gold Corp will post 0.48 EPS for the current fiscal year.
Several analysts recently weighed in on the company. Canaccord Genuity lifted their price objective on Barrick Gold from C$17.00 to C$17.50 in a report on Thursday, November 8th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Barrick Gold in a research note on Wednesday, September 26th. Cormark cut their target price on Barrick Gold from C$17.00 to C$16.50 in a research note on Sunday, October 14th. Finally, JPMorgan Chase & Co. lifted their target price on Barrick Gold from C$17.00 to C$18.00 in a research note on Friday, October 5th.
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About Barrick Gold
Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the ZaldÃvar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia.
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