A number of other research analysts also recently weighed in on ABX. Canaccord Genuity raised their price objective on Barrick Gold Corp. from C$26.00 to C$33.00 in a research note on Tuesday, July 12th. TD Securities reissued a buy rating and issued a C$26.00 price objective on shares of Barrick Gold Corp. in a research note on Friday, July 22nd. Finally, Royal Bank Of Canada reissued a sector perform rating on shares of Barrick Gold Corp. in a research note on Friday, September 2nd. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Barrick Gold Corp. has an average rating of Buy and a consensus price target of C$22.44.
Shares of Barrick Gold Corp. (TSE:ABX) opened at 20.91 on Wednesday. Barrick Gold Corp. has a 12 month low of $9.18 and a 12 month high of $30.45. The firm has a 50-day moving average price of $23.25 and a 200 day moving average price of $24.11. The firm’s market capitalization is $24.37 billion.
Barrick Gold Corp. Company Profile
Barrick Gold Corporation (Barrick) is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Company produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. Barricks’ segments include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project.
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