Sloane Robinson LLP Lowers Position in Barrick Gold Corporation (ABX)

The lowest price the stock reached in the last trading day was $16.23 and compares with the $13.81 52-week low. Barrick Gold Corporation comprises approximately 18.6% of GoodHaven Capital Management LLC's investment portfolio, making the stock its largest position. Wall Street is only getting more bullish on the stock, with 1 of analysts who cover HMST having a buy-equivalent rating. Point72 Asset Management L.P. increased its position in shares of Barrick Gold Corp by 911.8% in the first quarter. One obvious way to identify high earnings per share growth companies is to find companies that have demonstrated such growth over the past 5 to 10 years.

Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) announced a quarterly dividend on Tuesday, April 25th, RTT News reports. During the last month, the stock has changed -0.43% and performed 3.36% over the last 6 months. State Street Corp owned 0.07% of Barrick Gold Corporation worth $16,381,000 at the end of the most recent quarter. Jefferies Group analyst C. Lafemina now anticipates that the company will earn $1.15 per share for the year, down from their previous estimate of $1.21. The last session's volume of 10.13 million shares was higher than its average volume of 4.02 million shares. 8,251,682 shares of the stock were exchanged. Barrick Gold Corporation has a 1-year low of $13.81 and a 1-year high of $23.47. The stock has a market cap of $19.03 billion, a price-to-earnings ratio of 13.49 and a beta of -0.27. The company has a 50-day moving average of $22.53 and a 200 day moving average of $23.34. Comparatively, Barrick Gold Corporation posted earnings of $0.19 per share in the same quarter past year. The basic materials company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.21 by $0.07. Barrick Gold Corporation had a return on equity of 8.34% and a net margin of 16.44%. The company's revenue for the quarter was up 3.3% compared to the same quarter a year ago. The original version of this news story can be read at Stockholders of record on Wednesday, May 31st will be given a $0.03 dividend. The ex-dividend date is Friday, May 26th. This represents a $0.12 annualized dividend and a dividend yield of 0.73%. Barrick Gold Corporation's payout ratio is now 9.92%.

"Analysts Offer Predictions for Barrick Gold Corp's FY2017 Earnings (ABX)" was originally reported by BBNS and is the property of of BBNS. If you are accessing this news story on another site, it was copied illegally and republished in violation of United States & worldwide copyright law. While some investors use a particular analyst's stock ratings as guidance, it is important to consider the criteria which they use to determine fair value, since the techniques they use are varied and not all analysts are equally competent.

Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) last released its quarterly earnings results on Monday, April 24th. BMO Capital Markets reiterated a "buy" rating on shares of Barrick Gold Corporation in a report on Friday, March 31st. Berenberg Bank restated a "sell" rating and issued a $15.20 target price on shares of Barrick Gold Corporation in a report on Thursday, February 16th. The firm has "Hold" rating by TD Securities given on Thursday, January 26.

Barrick Gold Corporation (ABX) belongs to the "Basic Materials" sector with an industry focus on "Gold", with Mr. John Lawson Thornton as Non-Independent Exec. Chairman and Member of International Advisory Board. Two analysts have rated the stock with a sell rating, six have given a hold rating and ten have issued a buy rating to the company. Finally, Barclays PLC raised their target price on Barrick Gold Corporation from $20.00 to $22.00 and gave the stock an "equal weight" rating in a research report on Monday, March 6th.

Before looking at the financial values or the trading statistics of Barrick Gold Corporation (ABX), we will start our analysis with the SMA or Simple Moving Average values.

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