Barrick Gold Co. (TSE:ABX) Senior Officer Sells 1,000 Shares of Stock

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) Senior Officer Henri Louis Gonin sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of C$27.72, for a total transaction of C$27,720.55.

Barrick Gold Trading Down 2.2 %

ABX stock opened at C$27.38 on Friday. The company has a market capitalization of C$33.28 billion, a PE ratio of 20.62, a P/E/G ratio of 2.34 and a beta of 0.48. The company has a debt-to-equity ratio of 19.83, a current ratio of 2.65 and a quick ratio of 2.62. Barrick Gold Co. has a 12 month low of C$21.73 and a 12 month high of C$29.50. The firm’s 50-day moving average is C$25.60 and its 200 day moving average is C$25.40.

Analyst Ratings Changes

ABX has been the topic of several recent research reports. UBS Group upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 5th. Stifel Canada raised Barrick Gold to a “strong-buy” rating in a research note on Wednesday, March 19th. Stifel Nicolaus dropped their target price on Barrick Gold from C$33.50 to C$32.00 in a report on Monday, December 2nd. Canaccord Genuity Group lowered their price target on Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. Finally, Scotiabank cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 21st. Four investment analysts have rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of C$31.55.

Barrick Gold Company Profile

Barrick Gold Corp is one of the world’s largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.