Barrick Gold Corp (NYSE:ABX) declared a quarterly dividend on Wednesday, October 30th, AR Network reports. Investors of record on Friday, November 29th will be given a dividend of $0.05 per share on Monday, December 16th. This represents a $0.20 dividend on an annualized basis and a yield of 1.01%.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity initiated coverage on shares of Barrick Gold Corp in a research note to investors on Thursday, October 24th. They set a “hold” rating on the stock. On a related note, analysts at CIBC reiterated a “sector perform” rating on shares of Barrick Gold Corp in a research note to investors on Wednesday, October 23rd. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Barrick Gold Corp in a research note to investors on Tuesday, October 22nd. They now have a $17.00 price target on the stock. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $23.43.
Shares of Barrick Gold Corp (NYSE:ABX) traded down 0.25% during mid-day trading on Wednesday, hitting $19.72. The stock had a trading volume of 15,927,425 shares. Barrick Gold Corp has a 1-year low of $13.43 and a 1-year high of $43.19. The stock’s 50-day moving average is $18.38 and its 200-day moving average is $20.65. The company’s market cap is $19.743 billion.
Barrick Gold Corp (NYSE:ABX) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.12. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.09 billion. During the same quarter in the prior year, the company posted $0.78 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Analysts expect that Barrick Gold Corp will post $2.64 EPS for the current fiscal year.
Barrick Gold Corporation (NYSE:ABX) is engaged in the production and sale of gold, as well as related activities.
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