Newest Short Interest Filing: How Analysts Feel About Barrick Gold Corporation (NYSE:ABX) After Decrease in Sellers?

November 23, 2016 - By kentuckypostne   ·   0 Comments

Newest Short Interest Filing: How Analysts Feel About Barrick Gold Corporation (NYSE:ABX) After Decrease in Sellers?

The stock of Barrick Gold Corporation (NYSE:ABX) registered a decrease of 3.76% in short interest. ABX’s total short interest was 17.09 million shares in November as published by FINRA. Its down 3.76% from 17.76M shares, reported previously. With 15.06M shares average volume, it will take short sellers 1 days to cover their ABX’s short positions. The short interest to Barrick Gold Corporation’s float is 1.47%. About 62,045 shares traded hands. Barrick Gold Corporation (USA) (NYSE:ABX) has declined 6.06% since April 21, 2016 and is downtrending. It has underperformed by 11.39% the S&P500.

Barrick Gold Corporation is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The company has a market cap of $17.86 billion. The Firm produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. It currently has negative earnings. Barricks’ divisions include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc, Lumwana, Zaldivar and Pascua-Lama Project.

Barrick Gold Corporation (USA) (NYSE:ABX) Ratings Coverage

Out of 22 analysts covering Barrick Gold Corp. (NYSE:ABX), 11 rate it a “Buy”, 1 “Sell”, while 10 “Hold”. This means 50% are positive. Barrick Gold Corp. has been the topic of 46 analyst reports since August 6, 2015 according to StockzIntelligence Inc. Argus Research upgraded the stock to “Buy” rating in Tuesday, March 15 report. The stock of Barrick Gold Corporation (USA) (NYSE:ABX) earned “Hold” rating by Mackie on Friday, February 19. On Wednesday, October 5 the stock rating was maintained by Goldman Sachs with “Buy”. The firm earned “Neutral” rating on Monday, August 17 by Sterne Agee CRT. The stock has “Sell” rating given by Canaccord Genuity on Friday, July 31. The stock has “Buy” rating given by Deutsche Bank on Monday, October 3. IBC initiated the stock with “Sector Perform” rating in Friday, July 24 report. On Monday, June 27 the stock rating was upgraded by IBC to “Outperform”. The stock has “Hold” rating given by Mackie on Monday, October 31. As per Monday, June 20, the company rating was downgraded by Mackie.

ABX Company Profile

Barrick Gold Corporation (Barrick), incorporated on March 10, 1995, is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. The Firm produces copper, principally from its Zaldivar joint venture and Lumwana mine, and holds other interests. The Company’s divisions include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Porgera, Kalgoorlie, Acacia Mining plc (Acacia), Lumwana, Zaldivar and Pascua-Lama Project.

More notable recent Barrick Gold Corporation (USA) (NYSE:ABX) news were published by: Investorplace.com which released: “Why Barrick Gold Corporation (USA) (ABX), Sturm Ruger & Company Inc (RGR) and …” on November 10, 2016, also Investorplace.com with their article: “Barrick Gold Corporation (USA): 3 Pros, 3 Cons of ABX Stock” published on September 08, 2016, Investorplace.com published: “Barrick Gold Corporation (USA) (ABX)” on August 24, 2016. More interesting news about Barrick Gold Corporation (USA) (NYSE:ABX) were released by: Investorplace.com and their article: “Trade of the Day: Barrick Gold Corporation (USA) (NYSE:ABX)” published on October 10, 2016 as well as Fool.com‘s news article titled: “Barrick Gold Corporation (USA) Stock Up 18%: Will Uncertainty Drive Gold Higher?” with publication date: January 07, 2016.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By kentuckypostne


Readers Comments (0)





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


Recent Market News

>