Barrick Gold Corp (NYSE:GOLD) shares, rose in value, with the stock price down by -0.08% to the previous day’s close as strong demand from buyers drove the stock to $18.16.
Actively observing the price movement in the recent trading, the stock is buoying the session at $18.17, falling within a range of $18.04 and $18.2554. The value of beta (5-year monthly) is 0.48 whereas the PE ratio is 14.83 over 12-month period. Referring to stock’s 52-week performance, its high was $21.35, and the low was $13.76. On the whole, GOLD has fluctuated by 16.53% over the past month.
With the market capitalization of Barrick Gold Corp currently standing at about $31.74 billion, investors are eagerly awaiting this quarter’s results, scheduled for in March. The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 2.20%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 12.48B, with a low estimate of 2.91B and a high estimate of 2.91B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 2.91B.
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 Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the PEG ratio is about 1.70, with the price of GOLD currently trading nearly 9.43% and 11.07% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 70.65, while the 7-day volatility ratio is showing 3.15% which for the 30-day chart, stands at 2.85%. Furthermore, Barrick Gold Corp (GOLD)’s beta value is 0.58, and its average true range (ATR) is 0.51.
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 -0.08% in today’s session so far, and over the past year, it grew by 23.25%%.
Data on historical trading for Barrick Gold Corp (NYSE:GOLD) indicates that the trading volumes over the past 10 days have averaged 26.26 and over the past 3 months, they’ve averaged 20.74 million. According to company’s latest data on outstanding shares, there are 1.75 billion shares outstanding.
Nearly 0.72% of Barrick Gold Corp’s shares belong to company insiders and institutional investors own 59.48% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 19.57 million shares as on 2025-01-31, resulting in a short ratio of 0.83. The stock has risen by 17.13% 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.
