Barrick Gold Corp (TSE:ABX) (NYSE:ABX) insider Gregory Alan Pool Walker bought 11,656 shares of the company’s stock in a transaction that occurred on Monday, December 3rd. The stock was purchased at an average price of C$17.02 per share, for a total transaction of C$198,385.12.
TSE ABX traded up C$0.20 during trading hours on Thursday, reaching C$17.83. The stock had a trading volume of 3,913,683 shares, compared to its average volume of 2,837,569. Barrick Gold Corp has a 52-week low of C$12.54 and a 52-week high of C$19.49. The company has a current ratio of 2.65, a quick ratio of 1.22 and a debt-to-equity ratio of 53.76.
Barrick Gold (TSE:ABX) (NYSE:ABX) last issued its earnings results on Wednesday, October 24th. The company reported C$0.10 EPS for the quarter, beating the Zacks’ consensus estimate of C$0.08 by C$0.02. The firm had revenue of C$2.40 billion during the quarter, compared to analysts’ expectations of C$2.35 billion. On average, sell-side analysts expect that Barrick Gold Corp will post 0.48 EPS for the current fiscal year.
ABX has been the topic of a number of recent research reports. Royal Bank of Canada reiterated a “sector perform” rating on shares of Barrick Gold in a research report on Wednesday, September 26th. JPMorgan Chase & Co. upped their target price on Barrick Gold from C$17.00 to C$18.00 in a research report on Friday, October 5th. Cormark dropped their target price on Barrick Gold from C$17.00 to C$16.50 in a research report on Sunday, October 14th. Finally, Canaccord Genuity upped their target price on Barrick Gold from C$17.00 to C$17.50 in a research report on Thursday, November 8th.
COPYRIGHT VIOLATION NOTICE: “Gregory Alan Pool Walker Buys 11,656 Shares of Barrick Gold Corp (ABX) Stock” was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another publication, it was stolen and reposted in violation of United States and international trademark & copyright laws. The correct version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3995832/gregory-alan-pool-walker-buys-11656-shares-of-barrick-gold-corp-abx-stock.html.
About Barrick Gold
Barrick Gold Corporation engages in the exploration and development of mineral properties. It primarily explores for gold and copper deposits. The company holds a 50% interest in the Veladero mine located in the San Juan Province of Argentina; 50% interest in the KCGM, a gold mine located in Australia; 95% interest in Porgera, a gold mine located in Papua New Guinea; 50% interest in the ZaldÃvar, a copper mine located in Chile; and 50% interest in the Jabal Sayid, a copper mine located in Saudi Arabia.
Read More: Benefits of owning preferred stock
Receive News & Ratings for Barrick Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barrick Gold and related companies with MarketBeat.com's FREE daily email newsletter.