The company has a 50-day moving average price of $7.03 and a 200-day moving average price of $10.28.
Barrick Gold Corporation (USA) NYSE:ABX (Barrick) is a gold mining company. Barrick Gold has a 12-month low of $5.95 and a 12-month high of $16.32. The company has the total of 1.16 billion outstanding shares right now, while its market capitalization is about $7.86 billion. The 52-week range of the share price is from $37.32 – $60.38. During the year stock is fluctuated between $2.72 to $2.87.
The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Starbucks Corporation (SBUX)’S monthly performance stands at – 0.950% with an analyst rating of 1.6 and dividend yield of 1.12%. While she said most policy makers still expect a rate increase this year, central bank officials said in a statement that “recent global economic and financial developments may restrain economic activity somewhat and are likely to put further downward pressure on inflation in the near term”. Over the last 30 and 90 trading days the company share price has decreased 0.08 points and decreased 6.12 points respectively.
Shares of Yamana Gold Inc. Macquarie raised Barrick Gold from an “underperform” rating to a “neutral” rating in a research report on Wednesday, August 19th.
At $1,100/oz gold and with the announced sales of Cowal ($550M), Porgera ($298M for 50%), Zaldivar ($1B for 50%), the gold and silver stream from Pueblo Viejo ($610M), we assume debt repayment in 2015 equal to the total proceeds of $2.46B. 10 analysts have advised hold.
The company has price-to-cash ratio of 3.76. Barrick Gold Corporation (USA) are listed in the Basic Industries sector within NYSE.
There is no need for a separate copper division, created after the 2011 acquisition of copper miner Equinox Minerals, as Barrick focuses on its gold assets and operates just one copper mine in Zambia, spokesman Andy Lloyd said. The Company has 14 producing gold mines, located in Canada, the United States, Peru, Argentina, Australia, the Dominican Republic and Papua New Guinea. Additionally, it holds a 63.9% equity interest in Acacia Mining plc (Acacia) that possesses gold mines and exploration properties in Africa.