In last trading session, Barrick Gold Corp. (NYSE:GOLD) saw 19.11 million shares changing hands with its beta currently measuring 0.60. Company’s recent per share price level of $16.55 trading at $0.19 or 1.16% at ring of the bell on the day assigns it a market valuation of $29.05B. That closing price of GOLD’s stock is at a discount of -25.38% from its 52-week high price of $20.75 and is indicating a premium of 16.86% from its 52-week low price of $13.76. Taking a look at company’s average trading volume volume of 24.89 million if we extend that period to 3-months.
Barrick Gold Corp. (NYSE:GOLD) trade information
Upright in the green during last session for gaining 1.16%, in the last five days GOLD remained trading in the red while hitting it’s week-highest on Monday, 04/29/24 when the stock touched $16.55 price level, adding 5.16% to its value on the day. Barrick Gold Corp.’s shares saw a change of -8.51% in year-to-date performance and have moved -3.10% in past 5-day. Barrick Gold Corp. (NYSE:GOLD) showed a performance of -4.99% in past 30-days.
Barrick Gold Corp. (GOLD) estimates and forecasts
Statistics highlight that Barrick Gold Corp. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 3.57% of value to its shares in past 6 months, showing an annual growth rate of 13.10% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 9.50% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.24B for the same. And 4 analysts are in estimates of company making revenue of 3.58B in the next quarter. Company posted 2.94B and 2.86B of sales in current and next quarters respectively a year earlier.
In 2024, company’s earnings growth rate is likely to be around 25.82% while estimates for its earnings growth in next 5 years are of 6.70%.
GOLD Dividends
Barrick Gold Corp. is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
