The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Barrick Gold Corp’s current trading price is -26.37% away from its 52-week high, while its distance from the 52-week low is 14.24%. The stock’s price range for this period has been between $13.76 and $21.35 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 19.64 million for the day, a number notably lower than the average daily volume of 20.82 million over the last three months.
Barrick Gold Corp saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $21.35 on 10/21/24, while the lowest price for the same duration was marked at $13.76 on 02/14/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Barrick Gold Corp (GOLD) has experienced a quarterly decline of -20.04% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.48B and boasts a workforce of 24600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 18.63, with a change in price of -3.99. Similarly, Barrick Gold Corp recorded 19,997,650 in trading volume during the last 100 days, posting a change of -20.24%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to 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
Barrick Gold Corp’s raw stochastic average for the past 50 days is presently 11.71%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 23.87%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 27.01% and 24.22%, respectively.
GOLD Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. This year’s metric has recorded a Price increase of 1.42%. However, over the past six months, we’ve seen a stronger performance of -13.29%. The price of GOLD leaped by -7.96% over the last 30 days. And in the last five days, it has fallen by -1.57%.
