Barrick Gold Corp (ABX) Set to Announce Earnings on Wednesday
Barrick Gold Corp (TSE:ABX) (NYSE:ABX) is scheduled to post its quarterly earnings results after the market closes on Wednesday, October 25th. Analysts expect Barrick Gold Corp to post earnings of C$0.18 per share for the quarter.
Shares of Barrick Gold Corp (TSE:ABX) opened at 20.42 on Tuesday. Barrick Gold Corp has a 1-year low of $18.52 and a 1-year high of $27.19. The firm has a market capitalization of $23.81 billion and a PE ratio of 10.11. The firm has a 50-day moving average of $20.70 and a 200-day moving average of $21.69.
Several brokerages have issued reports on ABX. Canaccord Genuity cut their price target on Barrick Gold Corp from C$27.50 to C$25.00 and set a “buy” rating for the company in a report on Friday. BMO Capital Markets reaffirmed a “market perform” rating and set a C$18.00 price target on shares of Barrick Gold Corp in a report on Friday, October 13th. TD Securities reaffirmed a “hold” rating and set a C$27.00 price target on shares of Barrick Gold Corp in a report on Tuesday, July 4th. Finally, Scotiabank reaffirmed a “sector perform” rating and set a C$30.00 price target on shares of Barrick Gold Corp in a report on Tuesday, July 4th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of C$25.14.
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Barrick Gold Corp Company Profile
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company’s segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.
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