Barrick Gold Corp. (NYSE:GOLD) shares, rose in value, with the stock price down by -1.02% to the previous day’s close as strong demand from buyers drove the stock to $16.52.
Actively observing the price movement in the last trading, the stock closed the session at $16.69. The PE ratio was 22.80 over 12-month period. Referring to stock’s 52-week performance, its high was $20.75, and the low was $13.76. On the whole, GOLD has fluctuated by 6.10% over the past month.
The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 2.42%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GOLD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.40, with the price of GOLD currently trading nearly -3.48% and 3.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.33, while the 7-day volatility ratio is showing 2.37% which for the 30-day chart, stands at 2.97%. Furthermore, Barrick Gold Corp. (GOLD)’s beta value is 0.59, and its average true range (ATR) is 0.54.
A comparison of Barrick Gold Corp. (GOLD) with its peers suggests the former has fared considerably weaker in the market. GOLD showed an intraday change of -1.02% in last session, and over the past year, it shrunk by -13.37%%.
Data on historical trading for Barrick Gold Corp. (NYSE:GOLD) indicates that the trading volumes over the past 3 months, they’ve averaged 23.85 million. According to company’s latest data on outstanding shares, there are 1.76 billion shares outstanding.
Nearly 0.75% of Barrick Gold Corp.’s shares belong to company insiders and institutional investors own 65.41% of the company’s shares. The stock has fallen by -8.68% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GOLD stock heading into the next quarter.
