In a report issued on December 16, Adam Josephson from KeyBanc maintained a Hold rating on Barrick Gold (GOLD – Research Report). The company’s shares closed last Friday at $18.39, close to its 52-week low of $17.27.
According to TipRanks.com, Josephson has 0 stars on 0-5 stars ranking scale with an average return of -4.4% and a 55.4% success rate. Josephson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, International Paper Co, and Berry Global Group.
Currently, the analyst consensus on Barrick Gold is a Strong Buy with an average price target of $25.81.
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The company has a one-year high of $25.37 and a one-year low of $17.27. Currently, Barrick Gold has an average volume of 18.18M.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of GOLD in relation to earlier this year.
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Canada-based Barrick Gold Corp. is engaged in the production and sale of gold and copper, as well as related activities such as exploration and mine development.
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