FY2017 EPS Estimates for Barrick Gold Corp Raised by Desjardins (ABX)
Barrick Gold Corp (TSE:ABX) (NYSE:ABX) – Desjardins upped their FY2017 earnings estimates for shares of Barrick Gold in a research note issued on Friday. Desjardins analyst J. Wolfson now anticipates that the company will earn $0.97 per share for the year, up from their prior forecast of $0.96. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Barrick Gold’s Q4 2017 earnings at $0.31 EPS, Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.99 EPS, Q4 2019 earnings at $0.21 EPS and FY2019 earnings at $0.93 EPS.
Barrick Gold (TSE:ABX) (NYSE:ABX) last released its earnings results on Wednesday, October 25th. The company reported C$0.21 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of C$0.21. Barrick Gold had a negative net margin of 2.16% and a negative return on equity of 0.46%.
Barrick Gold (TSE:ABX) opened at C$18.88 on Monday. Barrick Gold has a one year low of C$17.07 and a one year high of C$27.19. The company has a market cap of $22,020.00, a PE ratio of 8.14 and a beta of -0.88.
In other Barrick Gold news, Director Graham G. Clow bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The stock was purchased at an average price of C$14.44 per share, with a total value of C$72,200.00. Also, insider Richard James Elton Williams bought 27,302 shares of the company’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were acquired at an average cost of C$17.97 per share, with a total value of C$490,616.94. In the last ninety days, insiders have bought 91,535 shares of company stock valued at $1,617,559.
Barrick Gold 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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