Barrick Gold Corp. (NYSE: GOLD) is 13.16% higher on its value in year-to-date trading and has touched a low of $13.76 and a high of $20.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GOLD stock was last observed hovering at around $20.50 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $20.47, the stock is 9.20% and 13.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.29 million and changing -0.15% at the moment leaves the stock 21.66% off its SMA200. GOLD registered 28.18% gain for a year compared to 6-month gain of 39.73%.
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The stock witnessed a 15.06% loss in the last 1 month and extending the period to 3 months gives it a 20.27%, and is 1.29% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.05% over the week and 3.22% over the month.
Barrick Gold Corp. (GOLD) has around 24600 employees, a market worth around $35.88B and $11.80B in sales. Current P/E ratio is 23.77 and Fwd P/E is 12.05. Profit margin for the company is 12.81%. Distance from 52-week low is 48.76% and -2.01% from its 52-week high. The company has generated returns on investments over the last 12 months (5.34%).
with sales reaching $3.77B over the same period.The EPS is expected to grow by 52.01% this year, but quarterly earnings will post 14.40% year-over-year. Quarterly sales are estimated to grow 31.60% in year-over-year returns.
Barrick Gold Corp. (GOLD) Top Institutional Holders
1150.0 institutions hold shares in Barrick Gold Corp. (GOLD), with institutional investors hold 62.78% of the company’s shares. The shares outstanding are 1.76B, and float is at 1.74B with Short Float at 0.80%. Institutions hold 62.40% of the Float.
The top institutional shareholder in the company is VAN ECK ASSOCIATES CORP with over 77.41 million shares valued at $1.29 billion. The investor’s holdings represent 4.4086% of the GOLD Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 66.03 million shares valued at $1.1 billion to account for 3.7601 of the shares outstanding. The other top investors are FIRST EAGLE INVESTMENT MANAGEMENT, LLC which holds 57.03 million shares representing 3.248% and valued at over $951.33 million, while WELLINGTON MANAGEMENT GROUP LLP holds 3.0327 of the shares totaling 53.25 million with a market value of $888.26 million.
Barrick Gold Corp. (GOLD) Insider Activity
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