In the last trading session, 26.6 million shares of the Barrick Gold Corp. (NYSE:GOLD) were traded, and its beta was 0.57. Most recently the company’s share price was $16.42, and it changed around -$0.68 or -3.98% from the last close, which brings the market valuation of the company to $28.83B. GOLD currently trades at a discount to its 52-week high of $20.75, offering almost -26.37% off that amount. The share price’s 52-week low was $13.76, which indicates that the current value has risen by an impressive 16.2% since then. We note from Barrick Gold Corp.’s average daily trading volume that its 3-month average coming to 23.50 million.
Barrick Gold Corp. stock received a consensus recommendation rating of Overweight, based on a mean score of 1.87. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 1 recommended GOLD as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Barrick Gold Corp. is expected to report earnings per share of $Micro Gold Futures,Jun-2024 for the current quarter.
Barrick Gold Corp. (NYSE:GOLD) trade information
Instantly GOLD has showed a red trend with a performance of -3.98% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -9.23% year-to-date, but still down -5.47% over the last five days. On the other hand, Barrick Gold Corp. (NYSE:GOLD) is 3.86% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $25.89, which translates to bulls needing to increase their stock price by 36.58% from its current value. Analyst projections state that GOLD is forecast to be at a low of $20 and a high of $31.
Barrick Gold Corp. (GOLD) estimates and forecasts
Barrick Gold Corp. share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -1.14 percent over the past six months and at a 7.14% annual growth rate that is well above the industry average of 3.20%.
Barrick Gold Corp. earnings are expected to increase by 20.02% in 2024, but the outlook is positive 6.70% per year for the next five years.
GOLD Dividends
Barrick Gold Corp.’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.44 percent and its annual dividend per share was 0.40. It is important to note, however, that the 2.44% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
