A statement released earlier today by Zacks Investment Research about Barrick Gold Corporation (USA) (NYSE:ABX) bumps the target price to $18.00
- Updated: October 14, 2016
Just yesterday Barrick Gold Corporation (USA) (NYSE:ABX) traded -1.68% lower at $15.74. Barrick Gold Corporation (USA)’s 50-day moving average is $17.38 and its 200-day moving average is $18.54. The last closing price is down -15.15% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 9,976,585 shares of ABX traded hands, down from an average trading volume of 16,081,600
Zacks Investment Research raised the target price of Barrick Gold Corporation (USA) (NYSE:ABX) to $18.00 stating a possible upside of 0.14%.
Previously on 10/4/2016, Zacks Investment Research reported on Barrick Gold Corporation (USA) (NYSE:ABX) increased the target price from $0.00 to $20.00. At the time, this indicated a possible upside of 0.15%.
Recent Performance Chart
Barrick Gold Corporation (USA) has with a one year low of $6.90 and a one year high of $23.47 and has a market capitalization of $0.
A total of 21 brokerages have issued a ratings update on Barrick Gold Corporation (USA). Two brokerages rating the company a strong buy, eight brokerages rating the company a buy, fourteen brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $19.50.
General Company Details For Barrick Gold Corporation (USA) (NYSE:ABX)
Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. Barricks' segments include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project. Its material properties include Cortez Property, Goldstrike Property, Pueblo Viejo Mine, Lagunas Norte Mine and Veladero Mine. The Company's gold mines include Bulyanhulu, Buzwagi, North Mara, Kalgoorlie, Porgera, Williams Mine, Goldstrike Open Pit, Goldstrike Underground, South Arturo, Round Mountain, Bald Mountain, Cortez, Golden Sunlight, Turquoise Ridge, Pueblo Viejo, Lagunas Norte, Pascua-Lama, Cerro Casale and Veladero. Its copper mines include Zaldivar, Lumwana and Jabal Sayid.
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