Barrick Gold Corporations in-depth stock price analysis indicates that the stock price has rallied 27.47% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 6.97% . Looking at the past 52 week period, the stock price is up at 59.1% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Barrick Gold Corporation has a positive value of 17.67 compared to overall market. Barrick Gold Corporation (NYSE:ABX) has climbed 2.96% in the past week and advanced 15.53% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 2.13% and the outperformance has advanced to 13.46% for the last 4 weeks period.
Barrick Gold Corporation (NYSE:ABX) : On Friday heightened volatility was witnessed in Barrick Gold Corporation (NYSE:ABX) which led to swings in the share price. The stock opened for trading at $18.85 and hit $19.5 on the upside , eventually ending the session at $19.49, with a gain of 1.78% or 0.34 points. The heightened volatility saw the trading volume jump to 15,641,607 shares. The 52-week high of the share price is $23.47 and the company has a market cap of $22,714 million. The 52-week low of the share price is at $10.57 .
Barrick Gold Corporation (USA) Last issued its quarterly earnings results on Oct 26, 2016. The company reported $0.24 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.20. The company had revenue of $2300.00 million for the quarter, compared to analysts expectations of $2233.59 million. The companys revenue was down -.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.11 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Barrick Gold Corporation (USA) was Downgraded by TD Securities to Hold on Dec 21, 2016.
Barrick Gold Corporation is a leading international gold producer with low-cost mines in North and South America.