$0.21 EPS Expected for Barrick Gold Corporation (ABX)

January 24, 2018 - By Linda Rogers

 $0.21 EPS Expected for Barrick Gold Corporation (ABX)

Analysts expect Barrick Gold Corporation (NYSE:ABX) to report $0.21 EPS on February, 21.They anticipate $0.01 EPS change or 4.55 % from last quarter’s $0.22 EPS. ABX’s profit would be $241.49M giving it 17.65 P/E if the $0.21 EPS is correct. After having $0.16 EPS previously, Barrick Gold Corporation’s analysts see 31.25 % EPS growth. The stock increased 2.21% or $0.32 during the last trading session, reaching $14.83. About 11.94M shares traded or 12.58% up from the average. Barrick Gold Corporation (NYSE:ABX) has declined 8.26% since January 24, 2017 and is downtrending. It has underperformed by 24.96% the S&P500.

Barrick Gold Corporation (NYSE:ABX) Ratings Coverage

Among 24 analysts covering Barrick Gold Corp. (NYSE:ABX), 8 have Buy rating, 1 Sell and 15 Hold. Therefore 33% are positive. Barrick Gold Corp. had 81 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Barrick Gold Corporation (NYSE:ABX) earned “Hold” rating by Deutsche Bank on Wednesday, March 23. The rating was initiated by Berenberg on Wednesday, September 7 with “Sell”. The stock of Barrick Gold Corporation (NYSE:ABX) has “Hold” rating given on Thursday, June 29 by Berenberg. On Tuesday, March 15 the stock rating was maintained by JP Morgan with “Neutral”. Deutsche Bank upgraded the shares of ABX in report on Monday, October 3 to “Buy” rating. The firm earned “Sell” rating on Friday, May 26 by Berenberg. The rating was initiated by Citigroup with “Buy” on Tuesday, August 2. The stock of Barrick Gold Corporation (NYSE:ABX) has “Buy” rating given on Monday, September 18 by Jefferies. On Monday, August 21 the stock rating was maintained by BMO Capital Markets with “Hold”. The firm has “Hold” rating by BMO Capital Markets given on Monday, December 18.

Barrick Gold Corporation engages in the exploration and development of mineral properties in the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. The company has market cap of $17.05 billion. It primarily explores for gold, copper, and nickel deposits. It has a 7.97 P/E ratio. The company's principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, and Veladero.

More notable recent Barrick Gold Corporation (NYSE:ABX) news were published by: Investorplace.com which released: “Go Long Barrick Gold Corp (USA) (ABX) Stock For Free With Confidence” on May 26, 2017, also Investorplace.com with their article: “Why AK Steel Holding Corporation (AKS), Barrick Gold Corp (USA) (ABX) and …” published on April 25, 2017, Fool.ca published: “Barrick Gold Corp.: Buy or Sell?” on July 24, 2017. More interesting news about Barrick Gold Corporation (NYSE:ABX) were released by: Fool.ca and their article: “Barrick Gold Corp. Stock Plunges 7%: Here’s What You Should Do” published on October 27, 2017 as well as Fool.ca‘s news article titled: “Contrarian Investors: Is Barrick Gold Corp. a Buy for 2018?” with publication date: December 22, 2017.

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