Barrick Gold (TSE:ABX) Insider Sarah Anna Ball Teslik Buys 12,613 Shares of Stock

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) insider Sarah Anna Ball Teslik acquired 12,613 shares of the stock in a transaction dated Friday, August 21st. The shares were bought at an average cost of C$67.27 per share, with a total value of C$848,476.51. Following the completion of the transaction, the insider owned 12,613 shares of the company’s stock, valued at approximately C$848,476.51. This represents a ∞ increase in their position.

Barrick Gold Stock Up 0.9%

Shares of Barrick Gold stock traded up C$0.57 during trading on Tuesday, hitting C$67.20. 1,298,207 shares of the stock were exchanged, compared to its average volume of 5,524,172. Barrick Gold Co. has a 12-month low of C$35.97 and a 12-month high of C$74.00. The company has a debt-to-equity ratio of 17.15, a current ratio of 3.01 and a quick ratio of 2.62. The stock has a market cap of C$112.59 billion, a price-to-earnings ratio of 17.36, a price-to-earnings-growth ratio of 2.34 and a beta of 1.60. The firm’s 50-day moving average price is C$54.77 and its 200 day moving average price is C$57.54.

Barrick Gold (TSE:ABX) (NYSE:ABX) last released its quarterly earnings data on Monday, August 10th. The basic materials company reported C$1.17 earnings per share (EPS) for the quarter. Barrick Gold had a return on equity of 24.57% and a net margin of 31.60%.The business had revenue of C$6.06 billion during the quarter. As a group, analysts forecast that Barrick Gold Co. will post 2.2422764 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Raymond James Financial reduced their target price on Barrick Gold from C$58.00 to C$56.00 and set an “outperform” rating for the company in a report on Tuesday, August 11th. National Bank Financial increased their price target on shares of Barrick Gold from C$67.50 to C$70.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. ATB Cormark Capital Markets reduced their target price on shares of Barrick Gold from C$60.00 to C$57.00 and set a “sector perform” rating on the stock in a report on Tuesday, August 11th. Citigroup decreased their price objective on shares of Barrick Gold from C$48.00 to C$41.00 and set a “neutral” rating for the company in a research report on Monday, July 27th. Finally, Barclays increased their price objective on shares of Barrick Gold from C$55.00 to C$58.00 in a research note on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Barrick Gold has an average rating of “Buy” and an average price target of C$67.67.

About Barrick Gold

Barrick is a leading global mining, exploration and development company. With one of the largest portfolios of world-class and long-life gold and copper assets in the industry – including six of the world’s Tier One gold mines -Barrick’s operations and projects span 18 countries and five continents. Barrick is also the largest gold producer in the United States. We create real, long-term value for all stakeholders through responsible mining, strong partnerships and a disciplined approach to growth.