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

Barrick Gold Co. (TSE:ABX) (NYSE:ABX) Senior Officer Henri Louis Gonin sold 1,000 shares of the business’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 Stock Performance

ABX traded down C$0.07 on Wednesday, hitting C$27.57. 647,071 shares of the company traded hands, compared to its average volume of 3,404,681. The company has a 50 day moving average of C$25.31 and a 200-day moving average of C$25.39. Barrick Gold Co. has a 12-month low of C$21.23 and a 12-month high of C$29.50. The stock has a market capitalization of C$33.51 billion, a PE ratio of 20.76, a PEG ratio of 2.34 and a beta of 0.48. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83.

Analyst Upgrades and Downgrades

Several research analysts have commented on ABX shares. UBS Group upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 5th. Canaccord Genuity Group lowered their price target on Barrick Gold from C$33.50 to C$30.00 in a report on Wednesday, January 15th. National Bank Financial upgraded shares of Barrick Gold to a “hold” rating in a research report on Friday, March 21st. National Bankshares lifted their price target on shares of 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. Finally, Stifel Canada upgraded Barrick Gold to a “strong-buy” rating in a research report on Wednesday, March 19th. Four analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, Barrick Gold has a consensus rating of “Moderate Buy” and an average target price of C$31.55.

About Barrick Gold

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.