On Friday, Barrick Gold Corp. (NYSE: GOLD) opened lower -0.64% from the last session, before settling in for the closing price of $20.32. Price fluctuations for GOLD have ranged from $13.76 to $20.89 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 10.59% over the past five years. Company’s average yearly earnings per share was noted 51.55% at the time writing. With a float of $1.74 billion, this company’s outstanding shares have now reached $1.76 billion.
Let’s look at the performance matrix of the company that is accounted for 24600 employees. In terms of profitability, gross margin is 30.45%, operating margin of 24.15%, and the pretax margin is 26.35%.
Barrick Gold Corp. (GOLD) Insider Updates
A key investor’s attitude towards the stock of the Gold industry is another important factor to consider. The insider ownership of Barrick Gold Corp. is 0.70%, while institutional ownership is 62.96%.
Barrick Gold Corp. (GOLD) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.24 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.2) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 51.55% per share during the next fiscal year.
Barrick Gold Corp. (NYSE: GOLD) Trading Performance Indicators
Check out the current performance indicators for Barrick Gold Corp. (GOLD). In the past quarter, the stock posted a quick ratio of 2.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.00. Likewise, its price to free cash flow for the trailing twelve months is 31.28.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.86, a number that is poised to hit 0.36 in the next quarter and is forecasted to reach 1.69 in one year’s time.
Technical Analysis of Barrick Gold Corp. (GOLD)
Barrick Gold Corp. (NYSE: GOLD) saw its 5-day average volume 15.93 million, a negative change from its year-to-date volume of 21.66 million. As of the previous 9 days, the stock’s Stochastic %D was 44.34%. Additionally, its Average True Range was 0.57.
During the past 100 days, Barrick Gold Corp.’s (GOLD) raw stochastic average was set at 85.92%, which indicates a significant increase from 67.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.27% in the past 14 days, which was lower than the 36.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.36, while its 200-day Moving Average is $16.95. Nevertheless, the first resistance level for the watch stands at $20.35 in the near term. At $20.51, the stock is likely to face the second major resistance level. The third major resistance level sits at $20.70. If the price goes on to break the first support level at $20.00, it is likely to go to the next support level at $19.81. Assuming the price breaks the second support level, the third support level stands at $19.65.
Barrick Gold Corp. (NYSE: GOLD) Key Stats
There are currently 1,752,734K shares outstanding in the company with a market cap of 35.39 billion. Presently, the company’s annual sales total 11,397 M according to its annual income of 1,272 M. Last quarter, the company’s sales amounted to 3,162 M and its income totaled 370,000 K.
