Finally, National Bank Financial raised shares of Barrick Gold from a “sector perform” rating to an “outperform” rating and cut their price objective for the stock from C$43.00 to C$40.00 in a research report on Sunday, January 17th.
In other Barrick Gold news, Director John Lawson Thornton purchased 100,000 shares of the company’s stock in a transaction that occurred on Thursday, February 25th.
The stock has a fifty day simple moving average of C$26.92 and a 200 day simple moving average of C$28.77.
The basic materials company reported C$0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of C$0.40 by C$0.06.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 15th.
Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties.
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