The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Barrick Gold (GOLD) closed the most recent trading day at $19.66, moving -1.11% from the previous trading session.
Barrick Gold (GOLD) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
GOLD's expansion entails doubling the present process circuit's throughput and dramatically boosting mining volumes.
While GOLD's actions to drive production, solid financial health and healthy growth trajectory paint a promising picture, its high costs warrant caution.
With gold prices reaching a new peak of $2,653.98 per troy ounce, marking a significant year-to-date surge of 28.71%, investors understandably turn their attention to the gold market and the companies poised to benefit from this upward trend. As a traditional safe haven investment, gold often attracts investors seeking to hedge against inflation and economic uncertainty.
In the closing of the recent trading day, Barrick Gold (GOLD) stood at $20.18, denoting a -0.59% change from the preceding trading day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
With gold prices reaching a new peak of $2,653.98 per troy ounce, marking a significant year-to-date surge of 28.71%, investors understandably turn their attention to the gold market and the companies poised to benefit from this upward trend. As a traditional safe haven investment, gold often attracts investors seeking to hedge against inflation and economic uncertainty.
The bull market in gold is well underway, yet surprisingly few investors seem to be paying attention. If anything, there are more doubters out there today, with traders predicting a sharp reversal.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Barrick Gold (GOLD) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.