Shares of Barrick Gold Corporation (ABX) Sees Large Outflow of Money

Barrick Gold Corporation (ABX) surged 0.26% during the last session. The last traded price was up 0.05 points at $19.07. The data for the fund flow suggests that the net intraday money flow was $(-7.32) million. The fund value in upticks was recorded to be $7.76 million and in downticks, it was found to be $15.08 million. The up/down ratio for the day was measured to be 0.51. For the week, the shares have seen a percentage change of 4.78%.A block trade of $(-5.35) million in net money flow was also recorded during the day. For the block, the combined worth of upticks was $0.19 million and that of downticks was $5.54 million. The block tradeoff had the up/down ratio of 0.03.

Based on the Stock Research reports from financial advisors, there are 3 Analysts recommending as a Strong Buy, Investors should also note that 9 Stock brokerage firms are recommending to Hold the stock for short term. There are 1 Analysts recommending as a Strong Sell. Barrick Gold Corporation (NYSE:ABX) witnessed a decline in the market cap on Thursday as its shares dropped 0.58% or 0.11 points. After the session commenced at $19.44, the stock reached the higher end at $19.5 while it hit a low of $18.865. With the volume soaring to 15,766,985 shares, the last trade was called at $18.91. The company has a 52-week high of $23.47. The company has a market cap of $22,041 million and there are 1,165,574,070 shares in outstanding. The 52-week low of the share price is $13.04.

Barrick Gold Corporation has a Price to Earnings ratio of 28.32 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.27. For the Most Recent Fiscal Year, Barrick Gold Corporation has a price to cash ratio of 9.8. For the Trailing twelve month period, company showed a Net Profit Margin of 7.65% and Return on Equity of the stock is 8.33%. According to the corporate earnings calendar, Barrick Gold Corporation will release next earnings on Apr 25, 2017 with an estimated EPS consensus of $0.22. Based on the consensus of stock financial advisors the stock has a price target of $18.96. Current year estimate on EPS consensus is $0.9. The Estimated EPS rate for Long term growth is $2. For Dividend Investing Stock Market Traders Barrick Gold Corporation has a Dividend Yield of 0.63% with an Annual Dividend of $0.12. It has a Payout Ratio of 0.11 and the change in Dividend payout ratio is -0.09.

Barrick Gold Corporation is a leading international gold producer with low-cost mines in North and South America.


Leave a Reply

Your email address will not be published. Required fields are marked *