Barrick Gold Corp. (NYSE:GOLD) shares, rose in value, with the stock price down by -1.80% to the previous day’s close as strong demand from buyers drove the stock to $18.54.
Actively observing the price movement in the last trading, the stock closed the session at $18.88. The PE ratio was 22.49 over 12-month period. Referring to stock’s 52-week performance, its high was $19.45, and the low was $13.76. On the whole, GOLD has fluctuated by 14.87% over the past month.
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The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 2.16%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOLD’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.36, with the price of GOLD currently trading nearly 6.79% and 8.41% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 62.37, while the 7-day volatility ratio is showing 3.49% which for the 30-day chart, stands at 2.54%. Furthermore, Barrick Gold Corp. (GOLD)’s beta value is 0.51, and its average true range (ATR) is 0.50.
A comparison of Barrick Gold Corp. (GOLD) with its peers suggests the former has fared considerably weaker in the market. GOLD showed an intraday change of -1.80% in last session, and over the past year, it grew by 5.04%%.
Data on historical trading for Barrick Gold Corp. (NYSE:GOLD) indicates that the trading volumes over the past 3 months, they’ve averaged 20.97 million. According to company’s latest data on outstanding shares, there are 1.76 billion shares outstanding.
Nearly 0.71% of Barrick Gold Corp.’s shares belong to company insiders and institutional investors own 62.01% of the company’s shares. The stock has risen by 2.49% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOLD stock heading into the next quarter.
