Barrick Gold Corp (ABX) Given Neutral Rating at Clarkson Capital

If the market is performing well and the stock is over-valued, ABX might be a good investment at this point but if the market is dropping down, you might not consider buying the stock. The Return on Investment (ROI) ratio of Barrick Gold Corporation (ABX) is 9.5 percent.

Price to Earning P/E ratio and Forward P/E stand at 13.95 and 22.11 respectively. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

According to the complaint the plaintiff alleges on behalf of purchasers of Barrick Gold Corporation (USA) (NYSE:ABX) common shares between February 16, 2017 and April 24, 2017, that the defendants violated Federal Securities Laws. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the company's stock. The stock has dropped -61.06% from its peak and the consensus price target for the stock is $3.50 a share.

Shares of Barrick Gold Corp (NYSE:ABX) traded down 2.10% during mid-day trading on Thursday, reaching $16.75. The Company has 52-week high of $23.38 and 52-week low of $13.79. The firm has a market cap of $19.95 billion, a price-to-earnings ratio of 14.14 and a beta of -0.24.

Barrick Gold Corporation (ABX)'s distance from 200 day simple moving average is -4.37 percent, its distance from 50 day simple moving average is -7.28 percent, while its distance from 20 day simple moving average is -1.37 percent.

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Barrick Gold Corporation (ABX) now has a Return on Assets (ROA) value of 5.5 Percent. After the most recent period, the company reported quarterly EPS of $0.15 against the Zacks Research consensus estimate of $0.16. Barrick Gold Corp (USA) (NYSE:ABX) has risen 6.00% since April 18, 2017 and is uptrending. The firm had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $2.22 billion. These analysts have also projected a Low Estimate of $0.13/share and a High Estimate of $0.27/share. The company's revenue for the quarter was up 3.3% compared to the same quarter a year ago. EPS breaks down the profitability of the company on a single share basis. Fore Research & Management LP purchased a new position in shares of Barrick Gold Corp during the fourth quarter worth $159,000. The company has a market capitalization of $26.90 billion and a PE ratio of 14.31. Finally, 1832 Asset Management L.P. boosted its position in shares of Barrick Gold Corp by 11.4% in the third quarter.

While looking at the Stock's Performance, Barrick Gold Corporation now shows a Weekly Performance of 4.39%, where Monthly Performance is -13.19%, Quarterly performance is -11.3%, 6 Months performance is 17.21% and yearly performance percentage is -11.21%. Bennicas & Associates Inc. raised its position in Barrick Gold Corp by 4.3% in the first quarter.

10/03/2016 - Barrick Gold Corporation was upgraded to "buy" by analysts at Deutsche Bank. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Usca Ria LLC now owns 24,389 shares of the basic materials company's stock worth $463,000 after buying an additional 228 shares during the period. Regardless, closing prices are a useful tool that investors use to quantify changes in stock prices over time.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 15th. Macquarie Research upgraded the shares of ABX in report on Wednesday, August 19 to "Neutral" rating. This represents a $0.12 annualized dividend and a yield of 0.70%. The ex-dividend date is Friday, May 26th. Barrick Gold Corp's dividend payout ratio is presently -3.90%.

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.

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