Barrick Gold Co. (TSE:ABX) Senior Officer Henri Louis Gonin Sells 1,000 Shares

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) Senior Officer Henri Louis Gonin sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 25th. The stock was sold at an average price of C$27.72, for a total value of C$27,720.55.

Barrick Gold Price Performance

Shares of TSE:ABX opened at C$27.59 on Thursday. The company has a debt-to-equity ratio of 19.83, a quick ratio of 2.62 and a current ratio of 2.65. Barrick Gold Co. has a 52 week low of C$21.23 and a 52 week high of C$29.50. The firm has a market cap of C$33.53 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48. The firm’s fifty day moving average is C$25.41 and its 200-day moving average is C$25.39.

Analysts Set New Price Targets

Several research analysts have commented on the company. National Bankshares boosted their target price on Barrick Gold from C$27.00 to C$33.00 and gave the stock a “sector perform” rating in a research note on Wednesday, March 19th. Canaccord Genuity Group lowered their price objective on shares of Barrick Gold from C$33.50 to C$30.00 in a research report on Wednesday, January 15th. TD Cowen reissued a “buy” rating and issued a C$36.00 price objective on shares of Barrick Gold in a research note on Tuesday, January 14th. Scotiabank cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, Royal Bank of Canada increased their price target on Barrick Gold to C$19.00 and gave the company a “buy” rating in a research note on Wednesday, February 12th. Four equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$31.55.

Barrick Gold Company Profile

Barrick Gold Corp is one of the world’s largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.