Barrick Gold Co. (TSE:ABX - Get Free Report) (NYSE:ABX) Senior Officer Poupak Bahamin sold 2,500 shares of the company's stock in a transaction dated Friday, November 29th. The stock was sold at an average price of C$24.49, for a total transaction of C$61,215.00.
Poupak Bahamin also recently made the following trade(s):
- On Thursday, November 21st, Poupak Bahamin purchased 5,778 shares of Barrick Gold stock. The shares were purchased at an average cost of C$25.03 per share, with a total value of C$144,645.87.
Barrick Gold Stock Down 0.2 %
Shares of TSE ABX opened at C$24.52 on Friday. Barrick Gold Co. has a 1 year low of C$18.65 and a 1 year high of C$29.50. The firm's 50-day moving average is C$26.51 and its 200-day moving average is C$25.20. The company has a current ratio of 3.01, a quick ratio of 2.62 and a debt-to-equity ratio of 14.54. The firm has a market capitalization of C$42.91 billion, a PE ratio of 20.61, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48.
Barrick Gold Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be issued a dividend of $0.135 per share. This represents a $0.54 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date of this dividend is Friday, November 29th. Barrick Gold's dividend payout ratio is presently 45.38%.
Analyst Ratings Changes
***TODAY ONLY*** The winner of the next crypto bull run?
From Weiss Ratings | Ad
Donald Trump is about to send crypto "to the moon."
Crypto expert Juan Villaverde says this could be the start of the greatest bull market in crypto history.
Now you can learn how to play it with this exclusive offer. And it isn't Bitcoin.
Now you can learn what it is via this exclusive, limited time offer.
Several analysts have recently weighed in on ABX shares. Argus raised shares of Barrick Gold from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 29th. Sanford C. Bernstein dropped their price target on Barrick Gold from C$37.00 to C$36.00 in a report on Tuesday, November 5th. Cibc World Mkts downgraded Barrick Gold from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 25th. UBS Group cut Barrick Gold from a "strong-buy" rating to a "hold" rating in a report on Wednesday, October 30th. Finally, Stifel Nicolaus lifted their price target on Barrick Gold from C$28.50 to C$33.50 in a report on Monday, October 21st. Three research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, Barrick Gold currently has an average rating of "Moderate Buy" and an average price target of C$31.14.
Get Our Latest Stock Analysis on ABX
About Barrick Gold
(
Get Free Report)
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties in Canada and internationally. The company also explores and sells silver and energy materials. It has ownership interests in producing gold mines located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, the Dominican Republic, Mali, Tanzania, and the United States.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
