Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Barrick Gold Corp’s current trading price is -14.45% away from its 52-week high, while its distance from the 52-week low is 28.18%. The stock’s price range over this period has fluctuated between $14.25 and $21.35. The company, operating within the financial sector, had a trading volume of approximately 4.73 million for the day, which was noticeably lower than the average daily share volume of 20.87 million over the last 3 months.
Barrick Gold Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $21.35 on 10/21/24 and a low of $14.25 for the same time frame on 02/28/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Barrick Gold Corp (GOLD) has experienced a quarterly rise of 8.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 31.55B 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 17.76, with a change in price of -1.99. Similarly, Barrick Gold Corp recorded 21,107,980 in trading volume during the last 100 days, posting a change of -9.83%.
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 0.19. Similarly, the long-term debt-to-equity ratio is also 0.19.
GOLD Stock Stochastic Average
Today’s raw stochastic average for Barrick Gold Corp over the last 50 days is 91.03%.This indicates a increase from the raw stochastic average of the past 20 days, which was 89.97%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 83.80% and 86.31%, respectively.
GOLD Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 17.84% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -4.12%. Over the past 30 days, the price of GOLD has fallen by 15.97%. And in the last five days, it has surged by 4.73%.
