Barrick Gold Corp [GOLD] stock prices are up 0.78% to $19.33 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GOLD shares have gain 4.77% over the last week, with a monthly amount glided 7.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Barrick Gold Corp [NYSE: GOLD] stock has seen the most recent analyst activity on March 05, 2025, when UBS upgraded its rating to a Buy but kept the price target unchanged to $22 for it. Previously, BofA Securities downgraded its rating to Neutral on January 27, 2025, and dropped its price target to $18. On January 21, 2025, downgrade downgraded it’s rating to Sector Perform. CIBC downgraded its rating to a Neutral. UBS downgraded its rating to a Neutral and reduced its price target to $22 on October 30, 2024. Argus upgraded its rating to Buy for this stock on August 29, 2024.
The stock price of Barrick Gold Corp [GOLD] has been fluctuating between $15.11 and $21.35 over the past year. Currently, Wall Street analysts expect the stock to reach $22 within the next 12 months. Barrick Gold Corp [NYSE: GOLD] shares were valued at $19.33 at the most recent close of the market. An investor can expect a potential return of 13.81% based on the average GOLD price forecast.
Analyzing the GOLD fundamentals
The Barrick Gold Corp [NYSE:GOLD] reported sales of 12.92B for trailing twelve months, representing a surge of 20.70%. Gross Profit Margin for this corporation currently stands at 0.37% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.17%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.09 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.22.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 19.17 points at the first support level, and at 19.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.61, and for the 2nd resistance point, it is at 19.90.
Ratios To Look Out For
It’s worth pointing out that Barrick Gold Corp [NYSE:GOLD]’s Current Ratio is 2.89. As well, the Quick Ratio is 2.15, while the Cash Ratio is 1.54. Considering the valuation of this stock, the price to sales ratio is 2.58, the price to book ratio is 1.37 and price to earnings (TTM) ratio is 15.79.