US Global Investors Inc. Has $796000 Stake in Barrick Gold Corporation (ABX)

Several equities analysts have recently weighed in on the company.

The average price for gold fell to $1,278 per ounce during the quarter from $1,333 a year earlier, the company said. Northwestern Mutual Wealth Management Co. raised its position in Barrick Gold Corporation by 0.6% during the second quarter. The company has market cap of $24.26 billion. The fund owned 173,031 shares of the basic materials company's stock after purchasing an additional 7,967 shares during the quarter. Finally, Covington Capital Management boosted its stake in Barrick Gold Corp by 0.9% in the third quarter. About 6.15M shares traded. Institutional investors own 55.70% of the company's stock.

A stock rating usually tells investors how well a stock's market value relates to what analysts think is a fair value for the stock, based on an independent evaluation of the company. Citigroup Inc. reiterated a "buy" rating on shares of Barrick Gold Corporation in a report on Wednesday, September 6th.

Investors wait Barrick Gold Corp (USA) (NYSE:ABX) to report on October, 25 after the close. its quarterly earnings Wall Street analysts expect $0.18 earnings per share, down $0.06 or 25.00 % from last year's $0.24 same quarter earnings. Barrick Gold Corporation's average EBITDA per Share Growth Rate was 0 percent during the past 12 months.

In a report released on 10/13/2017 BMO Capital Markets increased the stock price target of Barrick Gold Corp.

Barrick Gold Corporation was covered by a number of analysts recently, 5 rated the stock as Buy, 5 rated Outperform, 13 rated Hold, 2 gave an Underperform and 0 rated sell.

According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 2.5 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. $21.67's average target is 4.18% above currents $20.8 stock price.

ILLEGAL ACTIVITY WARNING: This news story was reported by Week Herald and is the sole property of of Week Herald. If you are accessing this piece on another site, it was stolen and republished in violation of worldwide copyright & trademark laws. The correct version of this news story can be accessed at PolyOne Corporation (NYSE:POL) has risen 5.26% since October 15, 2016 and is uptrending. 6,146,102 shares of the stock traded hands.

Barrick Gold estimated it produced 1.24 million ounces of gold in the quarter, less than the 1.38 million ounces produced a year earlier and slightly lower than Deutsche Bank Securities' estimate of 1.29 million ounces. ABX's latest closing price was -3.87% away from the average price of 200 days while it maintained a distance of -1.58% from the 50 Day Moving Average and 0.82% away compared to its SMA 20. The stock increased 1.49% or $0.61 on October 13, reaching $41.48.

Analysts await Amdocs Limited (NASDAQ:DOX) to report earnings on November, 14. The basic materials company reported $0.22 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.17 by $0.05. Barrick Gold Corp had a net margin of 44.61% and a return on equity of 32.97%. Barrick Gold Corporation's revenue for the quarter was up 7.4% on a year-over-year basis. After a recent check, it is observed that the insiders for the firm now own 0.10% shares.

Barrick Gold Corporation (ABX) now has a Return on Assets (ROA) value of 9.2 Percent.

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were issued a dividend of $0.03 per share. The ex-dividend date was Tuesday the 29th of August 2017. The dividend yield was $0.72. Barrick Gold Corporation's dividend payout ratio is now 5.94%.

The operation has been accused by the country's government of evading taxes for years by under-declaring exports, stalling work at the mines as well exports of its gold and copper concentrates. The Company's divisions include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.

Like this


15 October 2017
China's runaway space station is headed for a crash landing into Earth
Tiangong-1, which means heavenly palace in English, comprises of single-module with only one docking port for Shenzhou spacecraft. It was used for both manned and unmanned missions and visited by China's first female astronaut, Liu Yang, in 2012.

15 October 2017
McKesson Corporation (NYSE:MCK) Trading Down - Short Interest Up by 17.44%
State Board Of Administration Of Florida Retirement System invested 0.14% of its portfolio in McKesson Corporation (NYSE:MCK). Sterling Capital Management Llc increased Mckesson Corp Com (MCK) stake by 2499.12% reported in 2017Q2 SEC filing.

15 October 2017
Apollo Commercial Real Est. Finance Inc (ARI) Position Increased by Strs Ohio
The Company's four business segments are Real Estate Finance, Net Lease, Operating Properties, and Land and Development. The stock has "Buy" rating by Jefferies on Friday, August 25. (NYSE:JPM) on Monday, January 18 with "Neutral" rating.

15 October 2017
Indonesian goalie dies after tragic collision with teammate
He was immediately given emergency treatment on the side of the pitch, before being rushed to hospital, where he passed away.

15 October 2017
Iran Closes Border With Kurdish Iraq Over Independence Referendum
Iranian news agency Tasnim, "with emergency code", claimed that Iran closed border crossings with norrn Iraq. Iran's Foreign Ministry says there has been no change to the status of the border.

15 October 2017
Himachal minister Anil Sharma joins BJP
Despite being known for scandals around corruption and sleaze, Sukh Ram is said to have an impressive clout in the Mandi district. He represented Mandi seat seven times in the state Assembly and he was elected Lok Sabha MP twice from Mandi.

15 October 2017
24 passengers on-board Goa-Mumbai Tejas Express suffer food poisoning, hospitalised
The high-end Tejas Express was launched recently and it runs between Mumbai and Goa as a premium train of the Indian Railways. Around 12pm, 3 passengers complained that they were feeling uneasy and felt like vomiting.

15 October 2017
Amber Alert issued for 16-year-old abducted in Woodbridge
Police said she was wearing a white, long-sleeve shirt with a purple stripe, denim jeans and a light-colored jacket. Prince William County police said Sinahi and Segovia were at a party when they got into a fight and got separated.

15 October 2017
Judwaa 2 crosses 200 crores at the worldwide box office
She will be seen in upcoming film Mulk and also will be playing a hockey player in a love story directed by Shaad Ali. In the times when a film fails to stand strong after the first weekend, Varun's comedy is creating records.

15 October 2017
Larry Flynt Offered USD 10 Million for Information Discrediting Trump
The man declined to give his name but said he was not Flynt. There is a number at the bottom and an email address. Larry Flynt's full-page ad in The Washington Post .