Barrick Gold Corporation Inc. (GOLD) Price Performance: The Role of Share Buybacks and Stock Splits

Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price gain of 1.28% this year. Over the last six months, there has been a stronger performance of -7.05%. The price of GOLD fallen by 7.87% during the last 30 days period. For the last 5-days stocks have improved 0.29%.

Barrick Gold Corporation (GOLD) has a current stock price of $17.40. During the previous trading session, the stock witnessed a notable rise, reaching a high of $17.41 after opening at $17.18. The stock’s low for the day was $17.15, and it eventually closed at $17.28.

Barrick Gold Corporation’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $20.75 on 05/04/23, with the lowest value being $12.97 on 11/03/22.

52-week price history of GOLD Stock

A stock’s 52-week price history, including the low and high prices, can offer valuable insights into its current standing and future prospects. Barrick Gold Corporation’s current trading price is -16.14% away from its 52-week high, while its distance from the 52-week low is 34.18%. The stock’s price range over this timeframe has been between $12.97 and $20.75. The shares of the Basic Materials sector company recorded a trading volume of approximately 9.51 million for the day, which was comparatively lower than the average daily volume of 14.24 million over the last three months.

The Connection Between Financial Performance and Market Capitalization

Barrick Gold Corporation (GOLD) has experienced a quarterly decline of -9.38% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 30.32B and boasts a workforce of 21300 employees.

Expert Opinions: Analysts’ Ratings for Barrick Gold Corporation

As of right now, 12 analysts are rating Barrick Gold Corporation as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 9 analysts are recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 1 analyst is rating the stock as SELL.

How Moving Averages and Trading Volume Data Work Together

Based on Barchart.com data, the company’s moving average over the 100-day period was 17.85, with a change in price of +1.43. Similarly, Barrick Gold Corporation recorded 16,100,993 in trading volume during the last 100 days, posting a change of +8.95%.

GOLD’s Debt-to-Equity Ratio: A Comprehensive Review

A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for GOLD stands at 0.21. Similarly, the long-term debt-to-equity ratio is also 0.21.

GOLD Stock Stochastic Average

The raw stochastic average for Barrick Gold Corporation over the last 50 days is presently at 38.70%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 71.10%. Further, the company’s Stochastic %K and %D values for the last 20 days were 75.96% and 81.04%, respectively.

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