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The Top Three Holders Of Barrick Gold Corporation (ABX)
June 23 2017, 03:38 | Alonzo Simpson
Kopernik Global Investors Raised Barrick Gold (ABX) Position By $6.13 Million, Profile of 2 Analysts Covering FS Investment (FSIC)
The stock was bought at an average cost of C$19.01 per share, with a total value of C$508,517.50. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.
Several other analysts also recently weighed in on ABX.
Currently Barrick Gold Corp (NYSE:ABX)'s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 72.1%. Barclays PLC reduced their price objective on Barrick Gold Corp from C$21.00 to C$20.00 in a research note on Tuesday, January 10th.
Additionally on 10/31/16 Mackie Research "Upgrades" Barrick Gold Corp (NYSE:ABX) to Hold setting price target at $ and on 10/05/16 Goldman Sachs "Maintained" the stock to Buy at $27. Macquarie Research upgraded the shares of ABX in report on Wednesday, August 19 to "Neutral" rating. (NYSE:ABX), 11 have Buy rating, 1 Sell and 10 Hold. Stock has got OUTPERFORM rating from 2 analysts of Thomson Reuters, no analyst given HOLD rating to the stock and 0 given UNDERPERFORM rating. 11,782,372 shares of the company's stock traded hands.
1832 Asset Management Lp increased its stake in Barrick Gold Corp (ABX) by 3661.37% based on its latest 2016Q4 regulatory filing with the SEC. The correct version of this news story can be read at https://www.chaffeybreeze.com/2017/05/26/barrick-gold-corps-abx-outperform-rating-reaffirmed-at-bmo-capital-markets.html.
In taking a look at technical levels, shares are trading -8.74% away from the 50 day simple moving average and -6.07% away from the 200 day simple moving average.
Several analysts have released their opinion on Barrick Gold Corporation (NYSE:ABX), with 4 analysts believing it is a strong buy. Analysts forecast EPS of $0.24, up exactly $0.10 or 71.43 % from 2014's $0.14 EPS. Barrick Gold Corp had a positive return on equity of 6.81% and a negative net margin of 28.22%.
The consensus analysts recommendation at this point stands at 1.70 for U.S. Silica Holdings, Inc. They expect $0.24 EPS, up 71.43% or $0.10 from last year's $0.14 per share. The company's revenue for the quarter was up 3.3% compared to the same quarter past year. The rating was maintained by Jefferies with "Buy" on Friday, April 7. Strs Ohio owns 0.03% invested in Sun Communities Inc (NYSE:SUI) for 101,062 shares. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.74%. In total, Acacia accounts for approximately 10% of Barrick's 2017 gold production guidance.
TRADEMARK VIOLATION WARNING: This piece of content was originally reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this news story on another site, it was copied illegally and reposted in violation of USA & worldwide copyright and trademark laws. The stock of Barrick Gold Corp (USA) (NYSE:ABX) earned "Hold" rating by JP Morgan on Wednesday, August 12. Quadrant Capital Group LLC raised its stake in Barrick Gold Corp by 275.8% in the first quarter. MA now owns 106,374 shares of the basic materials company's stock valued at $1,871,000 after buying an additional 43,125 shares during the last quarter.