In terms of market performance, Barrick Gold Corp. had a somewhat inconsistent run in. The highest value for the stock in the past year was $20.75 on 05/08/23, while the lowest value was $13.76 on 02/14/24.
52-week price history of GOLD Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Barrick Gold Corp.’s current trading price is -19.66% away from its 52-week high, while its distance from the 52-week low is 21.15%. The stock’s price range during this period has fluctuated between $13.76 and $20.75. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 13.66 million for the day, which was evidently lower than the average daily volume of 24.68 million over the last three months.
Financial Performance and Market Capitalization
Barrick Gold Corp. (GOLD) has experienced a quarterly rise of 9.89% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 29.27B and boasts a workforce of 24600 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 16.30, with a change in price of unch. Similarly, Barrick Gold Corp. recorded 22,055,297 in trading volume during the last 100 days, posting a change of unch.
GOLD Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GOLD stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.20.
GOLD Stock Stochastic Average
The raw stochastic average for Barrick Gold Corp. over the last 50 days is presently at 51.28%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 20.00%. Further, the company’s Stochastic %K and %D values for the last 20 days were 16.14% and 14.42%, respectively.
GOLD Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -7.85%.However, over the last six months, we can see a weaker performance of 3.86%. Over the last 30 days, the price of GOLD has leaped by -6.66%. And in the last five days, it has fallen by -3.75%.
