Barrick Gold Corp. (NYSE:ABX)’s share price was down 5.3% on Friday . The company traded as low as $21.07 and last traded at $21.19, with a volume of 15,651,651 shares. The stock had previously closed at $22.37.

A number of equities analysts recently weighed in on ABX shares. Zacks Investment Research raised shares of Barrick Gold Corp. from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a research note on Friday, April 29th. TD Securities reissued a “buy” rating and set a $26.00 target price on shares of Barrick Gold Corp. in a research note on Monday, July 25th. Credit Suisse Group AG reissued a “buy” rating and set a $17.00 target price on shares of Barrick Gold Corp. in a research note on Wednesday, June 29th. Goldman Sachs Group Inc. reissued a “conviction-buy” rating and set a $27.00 target price on shares of Barrick Gold Corp. in a research note on Friday, July 29th. Finally, Vetr downgraded shares of Barrick Gold Corp. from a “strong-buy” rating to a “buy” rating and set a $23.56 target price for the company. in a research note on Wednesday, July 27th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Barrick Gold Corp. presently has an average rating of “Buy” and a consensus price target of $19.35.

The firm’s market capitalization is $24.75 billion. The stock’s 50-day moving average price is $21.14 and its 200 day moving average price is $16.45.

Barrick Gold Corp. (NYSE:ABX) last announced its quarterly earnings data on Wednesday, July 27th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.15 by $0.01. During the same period last year, the business earned ($0.01) earnings per share. The firm had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.02 billion. The business’s quarterly revenue was down 9.8% compared to the same quarter last year. On average, equities analysts anticipate that Barrick Gold Corp. will post $0.68 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Stockholders of record on Wednesday, August 31st will be paid a $0.02 dividend. The ex-dividend date of this dividend is Monday, August 29th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.38%.

Several large investors have made changes to their positions in ABX. Jennison Associates LLC boosted its stake in shares of Barrick Gold Corp. by 15.7% in the fourth quarter. Jennison Associates LLC now owns 5,450,365 shares of the company’s stock worth $40,224,000 after buying an additional 740,712 shares during the period. I.G. Investment Management LTD. boosted its stake in shares of Barrick Gold Corp. by 99.2% in the fourth quarter. I.G. Investment Management LTD. now owns 664,800 shares of the company’s stock worth $4,922,000 after buying an additional 331,083 shares during the period. Marshall Wace LLP acquired a new stake in shares of Barrick Gold Corp. during the fourth quarter worth about $1,326,000. Deere & Co. acquired a new stake in shares of Barrick Gold Corp. during the fourth quarter worth about $1,776,000. Finally, Comerica Bank boosted its stake in shares of Barrick Gold Corp. by 16.7% in the fourth quarter. Comerica Bank now owns 126,711 shares of the company’s stock worth $1,067,000 after buying an additional 18,121 shares during the period.

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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