Barrick Gold Corp (TSE:ABX) (NYSE:ABX) announced a quarterly dividend on Friday, July 28th, Zacks reports. Investors of record on Thursday, August 31st will be paid a dividend of 0.03 per share on Friday, September 15th. This represents a $0.12 dividend on an annualized basis and a yield of 0.56%. The ex-dividend date of this dividend is Tuesday, August 29th.
Barrick Gold Corp (TSE:ABX) opened at 21.40 on Monday. The company has a market cap of $24.95 billion and a P/E ratio of 10.59. Barrick Gold Corp has a 12-month low of $18.52 and a 12-month high of $27.19. The firm has a 50-day moving average price of $20.83 and a 200-day moving average price of $23.01.
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ABX has been the subject of a number of analyst reports. BMO Capital Markets reissued an “outperform” rating and set a C$21.00 price objective on shares of Barrick Gold Corp in a research note on Friday, June 30th. TD Securities reissued a “hold” rating and set a C$27.00 price objective on shares of Barrick Gold Corp in a research note on Tuesday, July 4th. Clarkson Capital reissued a “neutral” rating on shares of Barrick Gold Corp in a research note on Wednesday, May 10th. Royal Bank Of Canada reissued an “outperform” rating on shares of Barrick Gold Corp in a research note on Friday, June 23rd. Finally, Scotiabank reissued a “sector perform” rating and set a C$30.00 price objective on shares of Barrick Gold Corp in a research note on Tuesday, July 4th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Barrick Gold Corp presently has a consensus rating of “Hold” and a consensus target price of C$26.00.
About Barrick Gold Corp
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 companys principal properties include Cortez, Goldstrike, Pueblo Viejo, Lagunas Norte, and Veladero.
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