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.

Recommended News

  • Attorney General Sessions Set to Testify in Russia Probe Hearing

    Trump reportedly told top Russian diplomats in the Oval Office that pressure is now taken off after firing Comey. According to Justice Department rules, special counsel Robert Mueller can not be fired without good cause.

    Golden State Warriors win the NBA Finals

    Kyrie Irving , scored a quiet 26 points as he was held to 9 from 22 shooting by the impressive Warriors defense. Thompson and Smith confronted West and all three of those players got technical fouls.

    Golden State Warriors parade set for Thursday in Oakland

    It was like adding Magic Johnson to those Larry Bird Celtics teams and then forgetting (at least a little) about Kevin McHale. But the Warriors also had shooting that would have made them the envy of even some of the toughest teams of all-time.
  • How much time could Bill Cosby face?

    Cosby's spokesman, Wyatt, said Jackson's statement would "let the world know" that Constand had perjured herself. He also pointed out that Constand spoke by phone with Cosby numerous times after the alleged assault.

    Trump partially denies Comey's testimony, mum on existence of recordings

    When applying for security clearance at the White House, Mr Kushner did not disclose this meeting as he was legally obliged to do. It is not clear how much of these contacts he disclosed during subsequent discussions with the Federal Bureau of Investigation .

    Iran: Mastermind behind Tehran attacks killed

    A statement issued Wednesday evening stopped short of alleging direct Saudi involvement. Iran's powerful Revolutionary Guard indirectly blamed Saudi Arabia for the attacks.
  • Jeff Sessions testifies: What to expect from Tuesday's Senate Intelligence Committee hearing

    Jeff Sessions testifies: What to expect from Tuesday's Senate Intelligence Committee hearing

    Was there active collusion between the two during last year's campaign? It ruled based on immigration law, not the Constitution. But Sessions himself wanted the hearing to be public, according to Department of Justice spokeswoman Sarah Isgur Flores.

    South Korean President Moon Proposes 2030 World Cup In Region

    Moon said football is the most popular sport in Korea and this was behind Korea's co-hosting of the 2002 World Cup with Japan.
    Wholesale prices were flat in May

    Wholesale prices were flat in May

    Food costs fell 0.2 percent as the prices of fresh fruits and melons recorded their biggest drop since June 2010. As a result, the cost of goods fell 0.5 percent, reversing April's 0.5 percent increase.
  • Reed Supports Rollback of Dodd-Frank Banking Regulations

    Trump promised during his campaign to "dismantle" Dodd-Frank, but never specified how he would want to change or amend the law. Rep. "We must reverse this trend, and I am pleased that the TAILOR Act has passed through the House as part of CHOICE".
    USA  urges Arab nations to ease blockade of Qatar

    USA urges Arab nations to ease blockade of Qatar

    As Secretary of State Rex Tillerson tries to heal a deep rift among Arab partners, President Trump seems to be upping the ante. Erdogan also approved another accord between Turkey and Qatar on military training cooperation late on Thursday.

    Durant powers Warriors over Cavaliers to claim title

    A win would allow the Warriors to celebrate on their home floor after clinching the 2015 title in Cleveland. Though the lead changed several times early in Game 5, it was all the Warriors in the back end of the game.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.