Important Dividends: The $0.02 mark is well within reach for Barrick Gold Corporation (NYSE:ABX).

Important Dividends: The $0.02 mark is well within reach for Barrick Gold Corporation (NYSE:ABX).

Barrick Gold Corporation (NYSE:ABX) is expected to pay $0.02 on Dec 15, 2016. The indicated annual dividend is $0.08. Shareholders owning the stock before Nov 28, 2016 will be eligible to receive the payout. Based on Barrick Gold Corporation’s current price of $14.76, the dividend is 0.14%. This dividend’s record date is Nov 30, 2016 and the announcement date is Oct 27, 2016. The stock increased 0.89% or $0.13 on November 25, hitting $14.76. About 8.00 million shares traded hands. Barrick Gold Corporation (USA) (NYSE:ABX) has declined 8.38% since April 25, 2016 and is downtrending. It has underperformed by 14.39% the S&P500.

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 $17.42 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.

Barrick Gold Corporation (USA) (NYSE:ABX) Ratings Coverage

Out of 22 analysts covering Barrick Gold Corp. (NYSE:ABX), 11 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 50% are positive. $29 is the highest target while $7.50 is the lowest. The $15.78 average target is 6.91% above today’s ($14.76) stock price. Barrick Gold Corp. has been the topic of 46 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Goldman Sachs maintained Barrick Gold Corporation (USA) (NYSE:ABX) rating on Wednesday, October 5. Goldman Sachs has “Buy” rating and $27 price target. Citigroup initiated it with “Buy” rating and $29 target price in Tuesday, August 2 report. The rating was downgraded by Deutsche Bank on Wednesday, March 23 to “Hold”. The firm earned “Neutral” rating on Tuesday, February 16 by Clarkson Capital. The firm has “Buy” rating given on Monday, April 18 by Clarkson Platou. The firm has “Hold” rating given on Monday, October 31 by Mackie. As per Monday, June 20, the company rating was downgraded by Mackie. The firm has “Neutral” rating by Macquarie Research given on Wednesday, August 19. IBC initiated the shares of ABX in a report on Friday, July 24 with “Sector Perform” rating. The rating was initiated by Morgan Stanley with “Equal-Weight” on Tuesday, August 9.

More notable recent Barrick Gold Corporation (USA) (NYSE:ABX) news were published by: Investorplace.com which released: “Why Barrick Gold Corporation (USA) (ABX), Sturm Ruger & Company Inc (RGR) and …” on November 10, 2016, also Investorplace.com with their article: “Barrick Gold Corporation (USA): 3 Pros, 3 Cons of ABX Stock” published on September 08, 2016, Fool.ca published: “Barrick Gold Corp.: Is the Sell-Off a Golden Opportunity to Buy?” on November 25, 2016. More interesting news about Barrick Gold Corporation (USA) (NYSE:ABX) were released by: Investorplace.com and their article: “Barrick Gold Corporation (USA) (ABX)” published on August 24, 2016 as well as Investorplace.com‘s news article titled: “Trade of the Day: Barrick Gold Corporation (USA) (NYSE:ABX)” with publication date: October 10, 2016.

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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