Barrick Gold Corp. (NYSE:ABX) shares rose 0.5% on Tuesday . The stock traded as high as $22.63 and last traded at $22.33, with a volume of 14,127,825 shares traded. The stock had previously closed at $22.21.

ABX has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on Barrick Gold Corp. from $10.00 to $14.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 15th. CIBC lifted their price objective on Barrick Gold Corp. from $11.25 to $13.25 and gave the stock a “sector performer” rating in a research report on Tuesday, March 29th. Canaccord Genuity lowered Barrick Gold Corp. from a “buy” rating to a “hold” rating in a research report on Tuesday, May 3rd. Credit Suisse Group AG reissued a “buy” rating and issued a $17.00 price objective on shares of Barrick Gold Corp. in a research report on Wednesday, June 29th. Finally, Deutsche Bank AG lowered Barrick Gold Corp. from a “buy” rating to a “hold” rating and set a $14.50 price objective for the company. in a research report on Wednesday, March 23rd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating, eight have given a buy rating and two have given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $16.22.

The stock’s 50 day moving average price is $19.31 and its 200 day moving average price is $14.54. The firm’s market cap is $26.99 billion.

Barrick Gold Corp. (NYSE:ABX) last announced its earnings results on Tuesday, April 26th. The company reported $0.11 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.01. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.95 billion. Barrick Gold Corp.’s revenue for the quarter was down 14.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.05 EPS. Equities analysts forecast that Barrick Gold Corp. will post $0.59 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 15th. Shareholders of record on Tuesday, May 31st were paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Thursday, May 26th.

Several institutional investors have made changes to their positions in the stock. GAM Holding AG increased its position in shares of Barrick Gold Corp. by 3.3% in the fourth quarter. GAM Holding AG now owns 1,798,379 shares of the company’s stock worth $13,272,000 after buying an additional 56,801 shares in the last quarter. Oppenheimer & Co. Inc. increased its position in shares of Barrick Gold Corp. by 27.2% in the fourth quarter. Oppenheimer & Co. Inc. now owns 141,025 shares of the company’s stock worth $1,041,000 after buying an additional 30,121 shares in the last quarter. OppenheimerFunds Inc. increased its position in shares of Barrick Gold Corp. by 14.1% in the fourth quarter. OppenheimerFunds Inc. now owns 2,210,386 shares of the company’s stock worth $16,313,000 after buying an additional 272,886 shares in the last quarter. Stuyvesant Capital Management increased its position in shares of Barrick Gold Corp. by 2.2% in the fourth quarter. Stuyvesant Capital Management now owns 279,150 shares of the company’s stock worth $2,060,000 after buying an additional 6,120 shares in the last quarter. Finally, Engineers Gate Manager LP acquired a new position in shares of Barrick Gold Corp. during the fourth quarter worth $6,384,000.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.