Barrick Gold Corp. on Focus After Raising In Today’s Session

 Barrick Gold Corp. on Focus After Raising In Today's Session

The stock of Barrick Gold Corp. (TSE:ABX) is a huge mover today! About 692,698 shares traded hands. Barrick Gold Corp. (TSE:ABX) has risen 8.88% since March 10, 2016 and is uptrending. It has outperformed by 3.27% the S&P500.
The move comes after 5 months positive chart setup for the $23.59 billion company. It was reported on Oct, 17 by Barchart.com. We have $34.70 PT which if reached, will make TSE:ABX worth $15.81 billion more.

Barrick Gold Corp. (TSE:ABX) Ratings Coverage

Out of 8 analysts covering Barrick Gold Corp. (TSE:ABX), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $29 is the highest target while $9 is the lowest. The $18.36 average target is -11.65% below today’s ($20.78) stock price. Barrick Gold Corp. has been the topic of 18 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The rating was maintained by RBC Capital Markets with “Outperform” on Monday, October 26. The stock of Barrick Gold Corp. (TSE:ABX) earned “Buy” rating by TD Securities on Friday, July 22. The stock of Barrick Gold Corp. (TSE:ABX) earned “Sector Perform” rating by RBC Capital Markets on Friday, December 4. RBC Capital Markets maintained the shares of ABX in a report on Friday, September 2 with “Sector Perform” rating. The company was maintained on Friday, January 22 by RBC Capital Markets. As per Thursday, February 4, the company rating was initiated by JP Morgan. TD Securities maintained Barrick Gold Corp. (TSE:ABX) rating on Thursday, August 11. TD Securities has “Buy” rating and $26 price target. The company was upgraded on Friday, July 31 by Canaccord Genuity. The firm earned “Sector Perform” rating on Friday, July 24 by IBC. The stock of Barrick Gold Corp. (TSE:ABX) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, February 23.

More notable recent Barrick Gold Corp. (TSE:ABX) news were published by: Fool.com which released: “Better Buy: Silver Wheaton Corp. vs. Barrick Gold Corp.” on September 27, 2016, also Investorplace.com with their article: “Trade of the Day: Barrick Gold Corporation (USA) (NYSE:ABX)” published on October 10, 2016, Schaeffersresearch.com published: “Analyst Downgrades: Barrick Gold Corporation, Goldcorp Inc., and Newmont …” on October 14, 2016. More interesting news about Barrick Gold Corp. (TSE:ABX) were released by: Business.Financialpost.com and their article: “Barrick, Teck and Goldcorp among upgrades at Deutsche Bank” published on October 03, 2016 as well as Investorplace.com‘s news article titled: “Trade of the Day: Barrick Gold Corporation (USA) (ABX) Ripe for a Drop” with publication date: October 05, 2016.

Barrick Gold Corporation is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The company has a market cap of $23.59 billion. The Firm produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. It currently has negative earnings. Barricks’ divisions include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project.

ABX Company Profile

Barrick Gold Corporation (Barrick), incorporated on March 10, 1995, is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Firm produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. The Company’s divisions include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc (Acacia), Lumwana, Zaldivar and Pascua-Lama Project.

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