Barrick Gold (ABX) Receives a Hold from Desjardins


In a latest note to investors, a research analyst has provided a rating update for the Barrick Gold (ABX). On November 30, analyst Josh Wolfson gave a Hold rating to ABX and set a C$18 price target.

According to TipRanks.com, Wolfson is a 1-star analyst with an average return of -4.1% and a 37.0% success rate. Wolfson covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals Corp, Randgold Resources Limited, and Osisko Gold Royalties Ltd.

Barrick Gold has an analyst consensus of Moderate Buy, with a price target consensus of C$17.67.

The company has a one-year high of C$19.49 and a one-year low of C$12.54. Currently, Barrick Gold has an average volume of 3.6M.

Barrick Gold Corp. engages in the production and sale of gold and copper, as well as related activities such as exploration and mine development. It operates through the following segments: Barrick Nevada, Veladero, Pueblo Viejo, Lagunas Norte, Turquoise Ridge, Acacia, and Pascua-Lama.

The company’s shares closed on Friday at C$16.93.

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