Barrick Gold Corporation (USA) (NYSE:ABX) price target upped to $20.00, issued a research note today by Zacks Investment Research
- Updated: October 4, 2016
In a report released on 10/04/2016 Zacks Investment Research increased the stock price target of Barrick Gold Corporation (USA) (NYSE:ABX) to $20.00 reporting a possible upside of 0.15%.
Just yesterday Barrick Gold Corporation (USA) (NYSE:ABX) traded -10.47% lower at $17.33. Barrick Gold Corporation (USA)’s 50-day average is $18.48 and its two hundred day average is $18.55. The last stock close price is down -16.04% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 31,761,718 shares of the stock traded hands, up from an average trading volume of 16,764,900
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Barrick Gold Corporation (USA) has a 52 week low of $6.90 and a 52 week high of $23.47 ABX’s total market value is presently $0.
A total of 21 equity analysts have released a ratings update on Barrick Gold Corporation (USA). Two brokerages rating the company a strong buy, eight brokerages rating the company a buy, fourteen analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $19.50.
More About 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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