On Friday, Barrick Gold Corp (NYSE: GOLD) opened higher 7.02% from the last session, before settling in for the closing price of $19.24. Price fluctuations for GOLD have ranged from $15.11 to $21.35 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Basic Materials sector was 6.72%. Company’s average yearly earnings per share was noted 28.57% at the time writing. With a float of $1.71 billion, this company’s outstanding shares have now reached $1.73 billion.
In terms of profitability, gross margin is 36.51%, operating margin of 33.11%, and the pretax margin is 34.45%.
Barrick Gold Corp (GOLD) Insider Activity
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 0.77%, while institutional ownership is 63.17%.
Barrick Gold Corp (GOLD) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 28.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.28% during the next five years compared to -11.52% drop over the previous five years of trading.
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 2.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.74. Likewise, its price to free cash flow for the trailing twelve months is 23.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 0.28 in the next quarter and is forecasted to reach 1.97 in one year’s time.
Technical Analysis of Barrick Gold Corp (GOLD)
Compared to the last year’s volume of 24.28 million, its volume of 34.34 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 78.97%. Additionally, its Average True Range was 0.85.
During the past 100 days, Barrick Gold Corp’s (GOLD) raw stochastic average was set at 95.55%, which indicates a significant increase from 93.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.74% in the past 14 days, which was higher than the 35.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.39, while its 200-day Moving Average is $18.27. Nevertheless, the first resistance level for the watch stands at $20.96 in the near term. At $21.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $21.80. If the price goes on to break the first support level at $20.11, it is likely to go to the next support level at $19.63. Should the price break the second support level, the third support level stands at $19.27.
Barrick Gold Corp (NYSE: GOLD) Key Stats
There are currently 1,719,458K shares outstanding in the company with a market cap of 35.41 billion. Presently, the company’s annual sales total 12,922 M according to its annual income of 2,144 M. Last quarter, the company’s sales amounted to 3,645 M and its income totaled 996,000 K.
