Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The metric has seen a significant gain of 17.97% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.57%. Over the past 30 days, the price of GOLD has fallen by 15.44%. And in the last five days, it has surged by 7.31%.
Barrick Gold Corp experienced a rather steady stock market performance. The highest value in the past year was recorded at $21.35 on 10/21/24 and the lowest value was $13.76 on 02/15/24.
52-week price history of GOLD Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Barrick Gold Corp’s current trading price is -14.36% away from its 52-week high, while its distance from the 52-week low is 32.89%. The stock’s price range during this period has varied between$13.76 and $21.35. The Barrick Gold Corp’s shares, which operate in the Basic Materials, saw a trading volume of around 5.66 million for the day, a figure considerably lower than their average daily volume of 20.92 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Barrick Gold Corp (GOLD) has experienced a quarterly rise of 7.43% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.96B and boasts a workforce of 24600 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 17.78, with a change in price of -2.17. Similarly, Barrick Gold Corp recorded 21,040,049 in trading volume during the last 100 days, posting a change of -10.67%.
GOLD’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GOLD stands at 0.19. Similarly, the long-term debt-to-equity ratio is also 0.19.
GOLD Stock Stochastic Average
As of today, Barrick Gold Corp’s raw stochastic average for the last 50 days stands at 90.50%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 89.38%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 91.85% and 87.80%, respectively.
