Desjardins Keeps a Hold Rating on Barrick Gold (ABX)


According to The Fly, desjardins analyst Josh Wolfson reiterated a Hold rating on Barrick Gold (ABX) on November 30. The company’s shares closed on Friday at $12.75.

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.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Barrick Gold with a $15.13 average price target.

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The company has a one-year high of $15.52 and a one-year low of $9.53. Currently, Barrick Gold has an average volume of 17.37M.

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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.

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