Barrick Gold Corporation (ABX) Position Reduced by American Century Companies Inc

Shares of Barrick Gold Corporation (NYSE:ABX) opened at $14.1, and ended -0.92% lower at $13.98.

ABX has been the topic of several other reports. TD Securities reaffirmed a "hold" rating and set a C$27.00 target price on shares of Barrick Gold Corp in a research report on Tuesday, July 4th. Canaccord Genuity downgraded the shares of ABX in report on Tuesday, May 3 to "Hold" rating. Vaughan David Invests Il holds 0.05% or 6,742 shares in its portfolio. On Wednesday, August 12 the stock rating was maintained by JP Morgan with "Hold".

On October 30 analysts at Royal Bank Of Canada updated its forecast on ABX and giving a rating of "Buy" and establishing a price target of $21.00. Zacks Investment Research upgraded shares of Barrick Gold Corp. from a "hold" rating to a "strong-buy" rating and set a $20.00 target price on the stock in a research note on Tuesday, October 4th. Barrick Gold Corp. has an average rating of "Buy" and an average target price of $21.53. The company has a market cap of $16,290.00, a PE ratio of 18.89, a P/E/G ratio of 9.32 and a beta of -0.39. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.73 and a quick ratio of 1.56.

Barrick Gold Corporation (ABX) now has P/E (Price to Earnings) ratio of 7.49 while the company's industry has 0.97 P/E and the sector P/E is 21.46. Barrick Gold Corp (USA) (NYSE:ABX) has declined 8.26% since November 11, 2016 and is downtrending. The institutional investor held 67,660 shares of the precious metals company at the end of 2017Q2, valued at $1.08 million, up from 42,899 at the end of the previous reported quarter.

Barrick Gold Corporation (NYSE:ABX) gross margin percentage stands at 39.9% while its operating margin for the past trailing twelve month is 53 percent and its overall profit margin (ttm) is 25.7 Percent. In contrast to the year ago quarter EPS was at 0.22.

Reynders Mcveigh Capital Management Llc holds 0.04% of its portfolio in Servotronics, Inc. for 29,828 shares.

Barrick Gold Corporation (ABX) share price fell -0.92% to $13.98 in the last trading session.

WARNING: This piece was first reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another website, it was stolen and reposted in violation of United States and global trademark and copyright laws. The stock now has Monthly Volatility of 2.05% and Weekly Volatility of 1.37%.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 15th. The ex-dividend date is Wednesday, November 29th. This represents a $0.12 annualized dividend and a yield of 0.86%. Barrick Gold Corporation's dividend payout ratio (DPR) is 6.42%. FNY Partners Fund LP bought a new position in Barrick Gold Corporation in the 2nd quarter worth $159,000. The company reported $0.24 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.20 by $0.04. Flossbach Von Storch AG raised its stake in shares of Barrick Gold Corporation by 104.8% in the second quarter. Finally, Vanguard Group Inc. boosted its stake in Barrick Gold Corp.by 10.3% in the second quarter. Majedie Asset Management Ltd now owns 18,856,140 shares of the basic materials company's stock worth $300,001,000 after acquiring an additional 1,360,514 shares during the period. Franklin Resources Inc. raised its stake in shares of Barrick Gold Corporation by 41.7% in the second quarter. Advisors Asset Management Inc. now owns 6,588 shares of the basic materials company's stock worth $105,000 after purchasing an additional 3,543 shares in the last quarter. Institutional investors own 56.22% of the company's stock. More interesting news about Barrick Gold Corp (USA) (NYSE:ABX) were released by: Fool.ca and their article: "Barrick Gold Corp.: Should You Own This Stock?" published on November 01, 2017 as well as Fool.ca's news article titled: "Comeback in 2018?" The Firm 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 divisions include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.

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