Vetr’s target price suggests a potential upside of 9.19% from the stock’s current price. The firm’s 50-day moving average is $17.85 and its 200-day moving average is $12.76. Revenue for the quarter was $809.4M while analysts had expected revenues to come in at $719.08M.
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Shares of Barrick Gold (ABX) are higher by 0.2% to $19.62 late Friday afternoon on increasing gold prices.
On 31 May, Barrick Gold Corporation (NYSE:ABX) said that, it has agreed to pay $140-million (U.S.) to resolve a US lawsuit accusing the gold producer of concealing problems at a South American mine and of fraudulently inflating the company’s market value, according to court papers.
For the first time in five years, Barrick Gold and other bullion miners are getting ready to expand, breaking from their monologue on cutting costs and debt because of tumbling gold prices.
Kinross Gold is now covered by 22 Wall Street analysts. It recently traded in a range of $4.84-$5.07 at a volume of 17612084 shares. The stock price is moving up from its 20 days moving average with 8.90% and isolated positively from 50 days moving average with 15.97%.
While considering growth estimates of the company, it has next quarter growth estimates of 200.00% whereas during current quarter it has 200.00% estimations over growth, comparing to the estimations of 175.00% during current year and 33.30% for next year.
Analysts are projecting that the shares of Barrick Gold Corporation (NYSE:ABX) will range from a high of $10.5 to $22, with a deviation of $3.344.
African Barrick Gold Ltd was upgraded to “overweight” by analysts at JP Morgan. Shareholders of record on Tuesday, May 31st will be issued a $0.02 dividend. This represents a $0.08 dividend on an annualized basis and a dividend yield of 0.42%. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the stock. The ex-dividend date of this dividend is Thursday, May 26th.
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Additionally, the company has EPS of -0.94. Barrick Gold Corporation surprise factor was 10% at the most recent quarter because the EPS was $0.01 off the consensus estimate. Finally, Adage Capital Partners GP L.L.C. raised its stake in shares of Barrick Gold by 41.3% in the first quarter. The stock gained 1.69% the day following the earnings was released, and on 7th day price change was -1.13%. The Firm is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties.
