Barrick Gold Corp (TSE:ABX) (NYSE:ABX) – Research analysts at Desjardins increased their FY2017 earnings estimates for Barrick Gold in a research report issued to clients and investors on Friday. Desjardins analyst J. Wolfson now anticipates that the company will post earnings of $0.97 per share for the year, up from their prior estimate of $0.96. Desjardins currently has a “Hold” rating on the stock. Desjardins also issued estimates for Barrick Gold’s Q4 2017 earnings at $0.31 EPS, Q2 2018 earnings at $0.25 EPS, Q3 2018 earnings at $0.25 EPS, Q4 2018 earnings at $0.26 EPS, FY2018 earnings at $0.99 EPS, Q4 2019 earnings at $0.21 EPS and FY2019 earnings at $0.93 EPS.
Barrick Gold (TSE:ABX) (NYSE:ABX) last released its quarterly earnings data on Wednesday, October 25th. The company reported C$0.21 EPS for the quarter, hitting the consensus estimate of C$0.21. Barrick Gold had a negative net margin of 2.16% and a negative return on equity of 0.46%.
Shares of Barrick Gold (TSE:ABX) opened at C$19.49 on Monday. Barrick Gold has a 1 year low of C$17.07 and a 1 year high of C$27.19. The company has a market cap of $22,730.00, a PE ratio of 8.36 and a beta of -0.88.
In related news, Director Graham G. Clow acquired 5,000 shares of the business’s stock in a transaction dated Tuesday, December 19th. The shares were acquired at an average cost of C$14.44 per share, for a total transaction of C$72,200.00. Also, Director Kelvin Paul Michael Dushnisky acquired 56,733 shares of the business’s stock in a transaction dated Wednesday, November 22nd. The shares were bought at an average price of C$17.97 per share, for a total transaction of C$1,019,492.01. Over the last 90 days, insiders acquired 91,535 shares of company stock worth $1,617,559.
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Barrick Gold Company Profile
Barrick Gold Corporation (Barrick) is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. The Company’s segments include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.
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