Gold Production in 'Silver State' Increases in 2016

Investors Traded Stocks: Barrick Gold Corporation's (ABX), Medical Transcription Billing, Corp.'s (MTBC)

Investors Traded Stocks: Barrick Gold Corporation's (ABX), Medical Transcription Billing, Corp.'s (MTBC)

On Thursday, Shares of Barrick Gold Corp (USA)(NYSE:ABX), lost -3.51% to $16.51. Van ECK Associates Corp now owns 70,886,606 shares of the basic materials company's stock worth $1,132,768,000 after buying an additional 9,206,142 shares in the last quarter. Acrospire Investment Management LLC increased its position in Barrick Gold Corp by 43.5% in the third quarter.

Northwestern Mutual Wealth Management Co. cut its stake in shares of Barrick Gold Corp (NYSE:ABX) (TSE:ABX) by 7.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). BlackRock Inc. now owns 23,482,163 shares of the basic materials company's stock worth $445,925,000 after buying an additional 23,424,402 shares during the last quarter. Majedie Asset Management Ltd increased its stake in Barrick Gold Corp by 165.3% in the third quarter. Renaissance Technologies LLC now owns 12,252,102 shares of the basic materials company's stock worth $195,788,000 after buying an additional 909,100 shares in the last quarter. Acrospire Investment Management LLC now owns 6,600 shares of the basic materials company's stock valued at $117,000 after buying an additional 2,000 shares in the last quarter. Caxton Associates LP raised its stake in Barrick Gold Corp by 104.7% in the fourth quarter. Aviva PLC now owns 815,654 shares of the basic materials company's stock valued at $13,014,000 after buying an additional 40,330 shares during the last quarter. Hedge funds and other institutional investors own 58.61% of the company's stock. The lowest price the stock reached in the last trading day was $16.11 and compares with the $10 52-week low. The 52-week range of the share price is from $13.81 - $23.47, while its earnings per share (EPS) was $1.22.

Barrick Gold Corp (USA) (NYSE:ABX) have shown a low EPS growth of -34.00% in the last 5 years and has earnings growth of 917.40% yoy. The total market capitalization remained at $19.41 billion. Zooming out to the 200-day moving average, shares have been seen trading -6.64% away from that value. Taking a look back at some historical performance numbers for Barrick Gold Corporation (ABX), we can see that the stock moved -1.14% for the last five trades. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by $0.07. Clarkson Capital restated a "neutral" rating on shares of Barrick Gold Corp in a research note on Wednesday, May 10th. The company had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $2.22 billion. During the same period in the previous year, the business posted $0.11 earnings per share. Barrick Gold Corp's revenue for the quarter was up 3.3% compared to the same quarter a year ago.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Wednesday, May 31st will be issued a dividend of $0.03 per share.

Barrick Gold Corporation (ABX) has an annual dividend of $0.12, while its annual dividend yield is 0.7%. The ex-dividend date of this dividend is Friday, May 26th. Barrick Gold Corporation (ABX) has made its way to a 12-month decline of -5.82%.

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Several analysts recently weighed in on the stock. Berenberg Bank reiterated a "sell" rating and set a $15.20 price target on shares of Barrick Gold Corp in a research note on Friday, January 20th. Vetr downgraded shares of Barrick Gold Corp from a "buy" rating to a "hold" rating and set a $19.65 target price for the company.in a report on Monday, February 6th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and ten have given a buy rating to the stock. The company now has a consensus rating of "Hold" and an average price target of $22.97.