The stock of Barrick Gold Corp (NYSE:GOLD) last traded at $20.41, down -0.87% from the previous session.
GOLD stock price is now 10.47% away from the 50-day moving average and 11.58% away from the 200-day moving average. The market capitalization of the company currently stands at $35.10B.
With the price target maintained at $22, UBS recently Upgraded its rating from Neutral to Buy for Barrick Gold Corp (NYSE: GOLD). On January 27, 2025, BofA Securities Downgraded its previous ‘Buy’ rating to ‘Neutral’ on the stock reducing its target price from $21 to quote $18, while ‘Scotiabank’ rates the stock as ‘Sector Perform’
A total of 0.77% of the company’s stock is owned by insiders.
During the past 12 months, Barrick Gold Corp has had a low of $15.11 and a high of $21.35. As of last week, the company has a debt-to-equity ratio of 0.19, a current ratio of 2.89, and a quick ratio of 2.15. According to the stock market information, the enterprise value for the company is $45398118400, which is based on a 16.67 price-to-earnings ratio, a 1.12 price-to-earnings-growth ratio, and a beta of 0.21. The fifty day moving average price for GOLD is $18.4752 and a two-hundred day moving average price translates $18.29155 for the stock.
The latest earnings results from Barrick Gold Corp (NYSE: GOLD) was released for 2024-12-31. The net profit margin was 16.59% and return on equity was 9.00% for GOLD. The company reported revenue of $3.65 billion for the quarter, compared to $3.06 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.16 percent. For the current quarter, analysts expect GOLD to generate $3.16B in revenue.
