Barrick Gold Corporation (NYSE:ABX) moved up 1.2% and closed its last trading session at $16.85. This Basic Materials Sector stock currently has the Market Capitalization of 19.75 Billion. The Average Volume for the stock is measured as 15.69 Million. Currently, the Return on Assets value for the trailing twelve months is -10.3% with the Return on Equity and Return on Investment of -36% and -13.5% respectively. This firm currently has YTD (year to date) performance of 129.18 Percent which is awesome. The Short Ratio for the stock is 1.17.
Barrick Gold Corporation (NYSE:ABX) Price to Earnings (P/E) ratio is 0. EPS or Earning per Share stands at $-2.43. The TTM operating margin is -25.8 percent.
Barrick Gold Corporation (NYSE:ABX) will report/reported its Earnings on Wed 26 Oct (2 days ago). The estimated EPS for the current quarter is said to be $0.19. Following Earnings result, share price were UP 9 times out of last 10 Qtrs. The stock has reduced about -20.8% since it reported its last earnings. The Closing price of Barrick Gold Corporation (NYSE:ABX) at Last Earnings was $ as compared to the previous closing price of $16.65. The Predicted Move on the 7th day after Barrick Gold Corporation (NYSE:ABX) will release its earnings at about 7%.
By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Barrick Gold Corporation (NYSE:ABX) beats earnings by 58%, The Stock Missed Earnings 2 times and has met earnings 3 times.
We will discuss the past Quarters Earnings below:
On 07/27/2016, the stock reported the EPS of $0.14 where Analysts were projecting the EPS to be $0.14 showing a difference of $0. Thus Surprise Factor was there with 0 percent. Before Earnings Announcement on 07/27/2016, the firm had its stock price of $21.33. And immediately on the next day after earnings announcement, the stock declined -0.38% and closed its trading session at $21.25. On 7th Day after earnings release, Barrick Gold Corporation (NYSE:ABX) surged to 5.02% from $21.33 to $22.4.
On 04/26/2016, Analysts were suspecting EPS of $0.1/share where Barrick Gold Corporation (NYSE:ABX) reported its Actual EPS of $0.11. Thus showing a Surprise of 10 percent. The Closing Price of the stock before earnings was $16.44 while on the Next day the stock closed its trading session at $16.57 with a percentage change of 0.79% from the price of 16.44 before Earnings. The Stock Closing Price on the 7th day of earnings was $18.34.
Barrick Gold Corporation engages in the exploration and development of mineral properties in the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia. It primarily explores for gold, copper, and nickel deposits. The company’s principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, and Veladero. As of December 31, 2015, it had proven and probable gold reserves of 91.9 million ounces; and 11.7 proven and probable copper reserves of billion pounds. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.