Why Acquire Shares Of Barrick Gold Corp. (GOLD)?

Barrick Gold Corp. (NYSE:GOLD) has a beta value of 0.51 and has seen 4.94 million shares traded in the recent trading session. The company, currently valued at $28.56B, closed the recent trade at $16.26 per share which meant it gained $0.11 on the day or 0.70% during that session. The GOLD stock price is -16.54% off its 52-week high price of $18.95 and 15.38% above the 52-week low of $13.76. The 3-month trading volume is 23.29 million shares.

Barrick Gold Corp. (NYSE:GOLD) trade information

Sporting 0.70% in the green today, the stock has traded in the red over the last five days, when the GOLD stock price touched $16.26 or saw a rise of 6.39%. Year-to-date, Barrick Gold Corp. shares have moved -10.10%, while the 5-day performance has seen it change -6.64%. Over the past 30 days, the shares of Barrick Gold Corp. (NYSE:GOLD) have changed -4.50%.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Barrick Gold Corp. (GOLD) estimates and forecasts

Figures show that Barrick Gold Corp. shares have outperformed across the wider relevant industry. The company’s shares have lost -5.55% over the past 6 months, with this year growth rate of 26.19%, compared to 17.00% for the industry. Revenue growth from the last financial year stood is estimated to be 12.60%.

4 analysts offering their estimates for the company have set an average revenue estimate of 3.22B for the current quarter. 3 have an estimated revenue figure of 3.55B for the next ending quarter. Year-ago sales stood 2.94B and 2.86B respectively for this quarter and the next, and analysts expect sales will grow by 9.40% for the current quarter and 12.60% for the next.

Earnings growth for 2024 is a modest 32.52% while over the next 5 years, the company’s earnings are expected to increase by 6.70%.

GOLD Dividends

Barrick Gold Corp. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.40 at a share yield of 2.46%. The company’s dividend yield has gone up over the past 12 months.