Barrick Gold Corp (TSE:ABX) (NYSE:ABX) insider Gregory Alan Pool Walker bought 11,656 shares of the business’s stock in a transaction that occurred on Monday, December 3rd. The shares were acquired at an average price of C$17.02 per share, with a total value of C$198,385.12.
TSE:ABX opened at C$18.22 on Friday. The company has a debt-to-equity ratio of 53.76, a quick ratio of 1.22 and a current ratio of 2.65. Barrick Gold Corp has a 12-month low of C$12.54 and a 12-month high of C$19.49.
Barrick Gold (TSE:ABX) (NYSE:ABX) last released its earnings results on Wednesday, October 24th. The company reported C$0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of C$0.08 by C$0.02. The business had revenue of C$2.40 billion for the quarter, compared to analysts’ expectations of C$2.35 billion. On average, sell-side analysts forecast that Barrick Gold Corp will post 0.48 EPS for the current year.
Several analysts recently issued reports on the company. Cormark cut their target price on Barrick Gold from C$17.00 to C$16.50 in a research report on Sunday, October 14th. Canaccord Genuity increased their target price on Barrick Gold from C$17.00 to C$17.50 in a research report on Thursday, November 8th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Barrick Gold in a research report on Wednesday, September 26th. Finally, JPMorgan Chase & Co. increased their target price on Barrick Gold from C$17.00 to C$18.00 in a research report on Friday, October 5th.
Barrick Gold Company Profile
Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the ZaldÃvar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia.
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