Barrick Gold Corp (NYSE:ABX) Announces $0.03 Quarterly Dividend

Investors of record on Thursday, November 30th will be paid a dividend of 0.037 per share on Friday, December 15th. Hawk Ridge Management Llc who had been investing in G for a number of months, seems to be bullish on the $1.70 billion market cap company. Trading was heavy with 10,981,547 shares changed hands by the end of trading on Thursday. With the current EPS in mind, the traders can be fully aware of the company's profitability condition.

Barrick Gold has decreased its dividend by an average of 45.7% annually over the last three years. MML Investors Services LLC now owns 11,644 shares of the basic materials company's stock valued at $185,000 after purchasing an additional 1,209 shares in the last quarter. The stock decreased 0.18% or $0.0245 during the last trading session, reaching $13.6355. About 1.59M shares traded. Barrick Gold Corporation (NYSE:ABX) has declined 8.26% since December 9, 2016 and is downtrending. It has underperformed by 24.96% the S&P500.

Investors sentiment decreased to 0.89 in Q2 2017. Its down 0.17, from 1.28 in 2017Q1. It dived, as 77 investors sold NWS shares while 195 reduced holdings. 67 funds opened positions while 232 raised stakes. Institute For Wealth Lc holds 19,333 shares. San Francisco Sentry Inv Group Inc (Ca) invested 0% in News Corporation (NASDAQ:NWS). Moreover, Korea Invest Corporation has 0.09% invested in eBay Inc. Sg Americas Securities Ltd Co owns 115,344 shares for 0.01% of their portfolio. California Public Employees Retirement reported 86,900 shares. Advisor Lc owns 19,856 shares or 0.13% of their U.S. portfolio. (NASDAQ:EBAY). Oak Assoc Limited Oh holds 556,160 shares or 1.46% of its portfolio. Omers Administration Corp stated it has 18,700 shares. Therefore 69% are positive.

Other research analysts have also recently issued reports about the stock. KeyBanc Capital Markets has "Buy" rating and $41.0 target. Jefferies Group set a $20.00 target price on shares of Barrick Gold and gave the company a "buy" rating in a report on Tuesday, August 15th. The company was downgraded on Thursday, October 26 by Credit Suisse. The firm has "Buy" rating by HSBC given on Tuesday, September 8. The rating was maintained by JP Morgan on Monday, December 5 with "Overweight".

Analysts await Barrick Gold Corporation (NYSE:ABX) to report earnings on February, 21. The basic materials company reported $0.14 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.21 by $0.07. Barrick Gold Corp. had 80 analyst reports since August 6, 2015 according to SRatingsIntel. News Corp New now has $9.73 billion valuation. Barrick Gold earned a news impact score of 0.10 on Accern's scale. CSFB lowered their price target on shares of Barrick Gold from $22.00 to $19.00 and set a "neutral" rating on the stock in a report on Thursday, October 26th.

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 24 have Buy rating, 3 Sell and 17 Hold. Therefore 33% are positive.

Barrick Gold Corporation's Average Earnings Estimate for the current quarter is $0.21, according to consensus of 16 analysts. Barrick Gold Corporation (ABX) has made its way to a 12-month decline of -13.49%. IBC initiated Barrick Gold Corporation (NYSE:ABX) on Friday, July 24 with "Sector Perform" rating. The rating was maintained by RBC Capital Markets on Monday, June 12 with "Buy". Also published the news titled: "Trade of the Day: Barrick Gold Corp (USA) (ABX)" on September 08, 2017. Barrick Gold presently has an average rating of "Hold" and an average target price of $18.69. The firm earned "Buy" rating on Monday, April 18 by Clarkson Platou.

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