Media stories about Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) have been trending somewhat positive on Thursday, Accern reports. The research firm identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Barrick Gold Corporation earned a coverage optimism score of 0.14 on Accern’s scale. Accern also assigned news stories about the basic materials company an impact score of 64 out of 100, indicating that recent news coverage is somewhat likely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern Sentiment’s rankings:
- Barrick Gold Corporation (ABX) Stock Rating Reaffirmed by Jefferies Group LLC (americanbankingnews.com)
- Barrick Sticks To Disciplined Capital Allocation As Upside For Gold Prices Remains Limited (trefis.com)
- SHAREHOLDER ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Barrick Gold Corporation (ABX) and Lead Plaintiff Deadline: July 10, 2017 (finance.yahoo.com)
- SHAREHOLDER ALERT: Levi & Korsinsky, LLP Reminds Shareholders of Barrick Gold Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of July 10, 2017 – ABX (finance.yahoo.com)
- What’s Impacting Gold Miner Prices in 2017? (finance.yahoo.com)
Shares of Barrick Gold Corporation (NYSE:ABX) opened at 15.74 on Thursday. The firm has a 50-day moving average price of $16.40 and a 200 day moving average price of $17.50. The firm has a market capitalization of $18.35 billion, a price-to-earnings ratio of 13.01 and a beta of -0.27. Barrick Gold Corporation has a 12 month low of $13.81 and a 12 month high of $23.47.
Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) last announced its quarterly earnings results on Monday, April 24th. The basic materials company reported $0.14 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.21 by $0.07. The company had revenue of $1.99 billion during the quarter, compared to analyst estimates of $2.22 billion. Barrick Gold Corporation had a net margin of 16.44% and a return on equity of 8.34%. Barrick Gold Corporation’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.11 EPS. On average, analysts anticipate that Barrick Gold Corporation will post $0.73 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Thursday, June 15th. Investors of record on Wednesday, May 31st were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.76%. The ex-dividend date of this dividend was Friday, May 26th. Barrick Gold Corporation’s dividend payout ratio is 9.92%.
ABX has been the subject of several research analyst reports. TheStreet upgraded Barrick Gold Corporation from a “c” rating to a “b-” rating in a research note on Thursday, February 23rd. Vetr cut Barrick Gold Corporation from a “strong-buy” rating to a “buy” rating and set a $21.75 target price for the company. in a research note on Monday, April 10th. Jefferies Group LLC reiterated a “buy” rating and set a $21.00 target price on shares of Barrick Gold Corporation in a research note on Thursday, April 6th. BMO Capital Markets reiterated a “buy” rating on shares of Barrick Gold Corporation in a research note on Friday, March 31st. Finally, Royal Bank Of Canada reiterated a “buy” rating and set a $23.00 target price on shares of Barrick Gold Corporation in a research note on Wednesday, May 24th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and ten have issued a buy rating to the company’s stock. Barrick Gold Corporation presently has a consensus rating of “Hold” and a consensus price target of $22.50.
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Barrick Gold Corporation Company Profile
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company’s segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.
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