Barrick Gold Corp. (GOLD) Stock Forecast & Predictions

Barrick Gold Corp. GOLD: $22.23

, , , . | Sector: Mining, Quarrying, and Oil and Gas Extraction | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web:

  • Market Cap$39.53B
  • Change (52 Weeks)-8.47%
  • Low (52 Weeks)$18.64
  • Barrick Gold Corp. (GOLD) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 6.25% are on Buy, 43.75% on Sell, and 50.00% Neutral.

    According to the market data, Barrick Gold Corp. (GOLD) stock price is $22.23 and the 52 weeks low is $18.64, which means the Barrick Gold Corp. stock price is down -8.47% in the last 12 months.

    Barrick Gold Corp. (GOLD) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 6.25% are indicating that GOLD Stock price might rise further, 43.75% indicating that GOLD Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall GOLD stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Barrick Gold Corp. (GOLD) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Barrick Gold Corp. (GOLD) is based on 20 Institutional Analyst Ratings where 50.00% are on Strong Buy, 30.00% on Moderate Buy, 20.00% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 20 Institutional Analysts, majority recommended GOLD stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Barrick Gold Corp..

    Barrick Gold Corp. (GOLD) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 384,627 investor portfolio.

    Our algorithm has analysed 384,627 investor portfolio with GOLD stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about GOLD and holding their positions hoping for a further rise in the stock price and more profit.

    Barrick Gold Corp. (GOLD) Stock Forecast Based on News Sentiment


    Bullish
    Based on 15 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about GOLD, it shows that Barrick Gold Corp. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that GOLD stock price may surge in the next few weeks.

    Barrick Gold Corp. (GOLD) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Raymond James FinancialOutperformInitiated
    Raymond James FinancialOutperformInitiated
    Raymond James FinancialOutperformDowngraded
    TD SecuritiesAction List BuyInitiated
    Raymond James FinancialOutperformDowngraded
    JPMorgan ChaseNeutralInitiated
    Canaccord GenuitySector PerformInitiated
    Raymond James FinancialOutperformInitiated
    National Bank FinancialOutperformUpgraded
    BarclaysOverweightUpgraded
    National Bank FinancialSector PerformUpgraded
    Eight CapitalUpgraded
    National Bank FinancialUpgraded
    UBSBuyMaintained
    National Bank FinancialSector PerformUpgraded
    Eight CapitalUpgraded
    BarclaysEqual-WeightMaintained
    Deutsche BankBuyMaintained
    National Bank FinancialSector PerformUpgraded
    Canaccord GenuityUpgraded
    Eight CapitalUpgraded
    Deutsche BankBuyMaintained
    National Bank FinancialSector PerformDowngraded
    National Bank FinancialOutperformUpgraded
    Eight CapitalUpgraded
    UBSBuyMaintained
    National Bank FinancialOutperformUpgraded
    Deutsche BankBuyMaintained
    UBSBuyUpgraded
    National Bank FinancialOutperformDowngraded
    Credit SuisseOutperformUpgraded
    Bank of AmericaBuyUpgraded
    Eight CapitalBuyUpgraded
    BarclaysOverweightUpgraded
    National Bank FinancialOutperformDowngraded
    Accountability ResearchBuyUpgraded
    National Bank FinancialOutperformUpgraded
    National Bank FinancialOutperformInitiated
    Bank of AmericaNeutralReiterated
    Canaccord GenuityUpgraded
    Macquarie ResearchOutperformInitiated
    CitigroupNeutralMaintained
    ArgusBuyUpgraded
    Eight CapitalUpgraded
    Canaccord GenuityUpgraded
    BarclaysEqual-WeightDowngraded
    BMO Capital MarketsOutperformInitiated
    BMO CapitalOutperformUpgraded
    CitigroupNeutralDowngraded
    Deutsche BankBuyUpgraded
    Desjardins SecuritiesBuyUpgraded
    GMP SecuritiesHoldReiterated
    TD SecuritiesHoldDowngraded
    Deutsche BankHoldDowngraded
    Haywood SecuritiesUpgraded
    MacquarieOutperformUpgraded
    JPMorgan ChaseUpgraded
    BarclaysOverweightInitiated
    Canaccord GenuityUpgraded
    MacquarieNeutralDowngraded
    Cormark SecuritiesDowngraded
    JPMorgan ChaseUpgraded
    RBC CapitalSector PerformReiterated
    TD SecuritiesBuyUpgraded
    CitigroupBuyUpgraded
    JP MorganNeutralMaintained
    CitigroupNeutralUpgraded
    JefferiesHoldDowngraded
    RBC CapitalSector PerformDowngraded
    Canaccord GenuityDowngraded
    Morgan StanleyUnderweightDowngraded
    Canaccord GenuityHoldDowngraded
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    RBC CapitalOutperformUpgraded
    ArgusHoldDowngraded
    CitigroupSellMaintained
    Morgan StanleyEqual-WeightMaintained
    Desjardins SecuritiesDowngraded
    JP MorganOverweightMaintained
    BMO Capital MarketsMarket PerformInitiated
    CitigroupSellDowngraded
    TD SecuritiesHoldDowngraded
    UBSNeutralMaintained
    RBC CapitalSector PerformDowngraded
    Credit SuisseNeutralDowngraded
    Canaccord GenuityBuyDowngraded
    Canaccord GenuityDowngraded
    BMO Capital MarketsMarket PerformMaintained
    BMO CapitalMarket PerformDowngraded
    BMO Capital MarketsOutperformMaintained
    BerenbergHoldUpgraded
    TD SecuritiesHoldMaintained
    SbankSector PerformMaintained
    BMO Capital MarketsOutperformMaintained
    Canaccord GenuityBuyMaintained
    RBC CapitalOutperformUpgraded
    RBC CapitalUnderperformDowngraded
    SbankSector PerformMaintained
    Canaccord GenuityOutperformMaintained
    Credit SuisseMaintained
    BMO Capital MarketsOutperformMaintained
    SbankSector PerformMaintained
    BerenbergBuyUpgraded
    TD SecuritiesHoldDowngraded
    Deutsche BankBuyUpgraded
    Morgan StanleyOverweightUpgraded
    BMO CapitalOutperformUpgraded
    ScotiabankOutperformUpgraded
    JP MorganOverweightUpgraded
    Mackie ResearchHoldUpgraded
    Goldman SachsBuyMaintained
    Deutsche BankBuyUpgraded
    UBSBuyUpgraded
    BerenbergSellInitiated
    JP MorganNeutralMaintained
    Morgan StanleyEqual-WeightInitiated
    Canaccord GenuityBuyMaintained
    BarclaysEqual-WeightMaintained
    CitigroupBuyInitiated
    Deutsche BankHoldMaintained
    Canaccord GenuityBuyUpgraded
    TD SecuritiesBuyMaintained
    JefferiesBuyUpgraded
    Canaccord GenuityMaintained
    MacquarieOutperformUpgraded
    Goldman SachsBuyUpgraded
    CIBCOutperformUpgraded
    Mackie ResearchSellDowngraded
    Goldman SachsBuyMaintained
    Goldman SachsMaintained
    CitigroupSellDowngraded
    Bank of AmericaBuyUpgraded
    Canaccord GenuityHoldDowngraded
    JPMorgan ChaseMaintained
    Clarksons PlatouBuyUpgraded
    CitigroupNeutralDowngraded
    Credit SuisseOutperformMaintained
    JP MorganNeutralMaintained
    Credit SuisseOutperformUpgraded
    Canaccord GenuityMaintained
    Deutsche BankHoldDowngraded
    JP MorganNeutralMaintained
    Argus ResearchBuyUpgraded
    ArgusBuyUpgraded
    BMO CapitalMarket PerformDowngraded
    Morgan StanleyEqual-WeightDowngraded
    Goldman SachsBuyMaintained
    RBC CapitalSector PerformMaintained
    Bank of AmericaNeutralDowngraded
    RBC CapitalSector PerformDowngraded
    JefferiesHoldMaintained
    Deutsche BankBuyMaintained
    Credit SuisseNeutralMaintained
    Mackie ResearchHoldDowngraded
    Haywood SecuritiesBuyMaintained
    Goldman SachsBuyMaintained
    Canaccord GenuityBuyMaintained
    TD SecuritiesBuyMaintained
    Clarksons PlatouNeutralInitiated
    Deutsche BankHoldDowngraded
    Deutsche BankHoldDowngraded
    RBC CapitalSector PerformMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyMaintained
    Sterne Agee CRTBuyUpgraded
    Mackie ResearchBuyMaintained
    HSBCHoldDowngraded
    HSBCBuyMaintained
    SbankMaintained
    RBC CapitalOutperformUpgraded
    Deutsche BankBuyUpgraded
    Deutsche BankBuyUpgraded
    Numis SecuritiesBuyUpgraded
    JP MorganNeutralMaintained
    BarclaysEqual-WeightUpgraded
    Canaccord GenuityHoldUpgraded
    CitigroupBuyUpgraded
    CIBCSector PerformInitiated
    BarclaysUnderweightMaintained
    JPMorgan ChaseNeutralMaintained
    JP MorganNeutralMaintained
    Deutsche BankHoldMaintained
    BMO CapitalOutperformInitiated
    NomuraReduceDowngraded
    HSBCOverweightUpgraded
    JefferiesHoldMaintained
    JP MorganNeutralMaintained
    BarclaysUnderweightMaintained
    Deutsche BankHoldDowngraded
    CitigroupBuyMaintained
    Canaccord GenuityMaintained
    HSBCOutperformMaintained
    TD SecuritiesBuyMaintained
    Deutsche BankHoldMaintained
    Deutsche BankHoldMaintained
    Canaccord GenuityMaintained
    RBC CapitalSector PerformMaintained
    JP MorganNeutralMaintained
    TD SecuritiesHoldMaintained
    SbankMaintained
    Canaccord GenuitySellDowngraded
    Credit SuisseNeutralMaintained
    Deutsche BankHoldDowngraded
    Deutsche BankHoldDowngraded
    BarclaysEqual-WeightMaintained
    Mackie ResearchHoldUpgraded
    BarclaysEqual-WeightMaintained
    CitigroupBuyMaintained
    SbankMaintained
    JefferiesHoldMaintained
    JPMorgan ChaseNeutralMaintained
    JP MorganNeutralMaintained
    Canaccord GenuityHoldDowngraded
    HSBCBuyUpgraded
    SbankMaintained
    BarclaysEqual-WeightMaintained
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralMaintained
    Goldman SachsMaintained
    CIBC World MarketsSector PerformMaintained
    RBC CapitalOutperformMaintained
    BarclaysEqual WeightMaintained
    UBSNeutralMaintained
    HSBCUnderweightDowngraded
    Raymond James FinancialMaintained
    CitigroupBuyMaintained
    RBC CapitalOutperformMaintained
    JPMorgan ChaseNeutralMaintained
    JP MorganMaintained
    Credit SuisseNeutralMaintained
    TD SecuritiesHoldMaintained
    Canaccord GenuitySellMaintained
    HSBCNeutralUpgraded
    Goldman SachsBuyMaintained
    CowenAt Market PerformMaintained
    NomuraBuyUpgraded
    Raymond James FinancialAt Market PerformMaintained
    Raymond JamesMarket PerformInitiated
    UBSInitiated
    Canaccord GenuitySellMaintained
    RBC CapitalOutperformUpgraded
    InvestecDowngraded
    TD SecuritiesMaintained
    Haywood SecuritiesHoldMaintained
    UBSNeutralMaintained
    SbankSector PerformMaintained
    Mackie ResearchSellDowngraded
    Credit SuisseNeutralMaintained
    RBC CapitalSector PerformMaintained
    HSBCUnderweightDowngraded
    BarclaysMaintained
    Haywood SecuritiesHoldDowngraded
    Canaccord GenuityMaintained
    Canaccord GenuityHoldDowngraded
    InvestecBuyUpgraded
    Morgan StanleyEqual WeightMaintained
    SbankMaintained
    CIBC World MarketsSector PerformMaintained
    BarclaysEqual WeightMaintained
    TD SecuritiesHoldDowngraded
    RBC CapitalSector PerformDowngraded
    HSBCNeutralDowngraded
    BMO CapitalOutperformMaintained
    Canaccord GenuityHoldMaintained
    Mackie ResearchHoldMaintained
    JP MorganNeutralMaintained
    Deutsche BankBuyMaintained
    HSBCOverweightUpgraded
    JefferiesHoldMaintained
    Deutsche BankBuyUpgraded
    CitigroupSellDowngraded
    Goldman SachsNeutralInitiated
    JPMorgan ChaseNeutralMaintained
    Salman PartnersHoldDowngraded
    TD SecuritiesBuyUpgraded
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralMaintained
    UBSNeutralMaintained
    JefferiesHoldMaintained
    CowenAt Market PerformMaintained
    BMO Capital MarketsMaintained
    BMO CapitalMarket PerformUpgraded
    MacquarieNeutralUpgraded
    Stifel NicolausHoldDowngraded
    SbankMaintained
    NomuraNeutralUpgraded
    TD SecuritiesHoldMaintained
    CitigroupNeutralUpgraded
    BarclaysEqual WeightMaintained
    JefferiesHoldDowngraded
    Deutsche BankHoldMaintained
    BMO Capital MarketsUnderperformDowngraded
    BMO CapitalUnderperformDowngraded
    Deutsche BankHoldMaintained
    Credit SuisseMaintained
    UBSNeutralDowngraded
    UBSNeutralDowngraded
    Societe GeneraleHoldDowngraded
    InvestecDowngraded
    SbankSector PerformMaintained
    MacquarieUnderperformDowngraded
    TD SecuritiesHoldMaintained
    Credit SuisseOutperformMaintained
    UBSBuyMaintained
    Haywood SecuritiesBuyMaintained
    RBC CapitalSector PerformMaintained
    CitigroupMaintained
    CIBC World MarketsSector PerformMaintained
    BMO Capital MarketsMaintained
    SbankMaintained
    Deutsche BankHoldDowngraded
    RBC CapitalSector PerformMaintained
    JP MorganNeutralDowngraded
    DundeeBuyInitiated
    BMO CapitalOutperformUpgraded
    Mackie ResearchBuyUpgraded
    Mackie ResearchBuyUpgraded
    DundeeBuyInitiated
    BMO CapitalMarket PerformMaintained
    TD SecuritiesMaintained
    SbankSector PerformMaintained
    RBC CapitalSector PerformMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityMaintained
    SbankMaintained
    Credit SuisseOutperformMaintained
    RBC CapitalMaintained
    CIBC World MarketsSector PerformMaintained
    SbankMaintained
    S&P Equity ResearchBuyMaintained
    CitigroupBuyMaintained
    BarclaysEqual WeightMaintained
    CitigroupBuyMaintained
    BarclaysEqual WeightMaintained
    Bank of AmericaBuyUpgraded
    Credit SuisseMaintained
    Deutsche BankBuyMaintained
    UBSBuyMaintained
    Canaccord GenuityUpgraded
    Davy SecuritiesOutperformInitiated
    Clarus SecuritiesAccumulateMaintained
    Bank of AmericaNeutralDowngraded
    BMO CapitalMarket PerformDowngraded
    Bank of AmericaBuyMaintained
    JefferiesBuyMaintained
    BarclaysEqual-WeightInitiated
    Morgan StanleyEqual-WeightDowngraded
    Deutsche BankBuyMaintained
    Morgan StanleyOverweightUpgraded
    CitigroupBuyMaintained
    JP MorganOverweightUpgraded
    Deutsche BankBuyMaintained
    JefferiesBuyMaintained
    BMO CapitalOutperformMaintained
    CitigroupBuyMaintained
    Deutsche BankBuyMaintained
    Stifel NicolausBuyUpgraded
    CitigroupNeutralDowngraded
    JP MorganUnderweightDowngraded

    Barrick Gold Corp. (GOLD) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.345
    The average consensus EPS for GOLD is $0.345 with a high estimate of $0.619 and Low of $0.245 for the period 2021-06-30 and based on 11 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.35$0.320172020-12-31


    The latest average Earning Per Share Estimate for Barrick Gold Corp. is $0.35, which is lower than GOLD's last EPS, $0.35. This means that Analysts are expecting Barrick Gold Corp. to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Barrick Gold Corp..

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.35$0.320172020-12-31
    $0.41$0.33348182020-09-30
    $0.23$0.188789200000000022020-06-30
    $0.16$0.15972142020-03-31
    $0.17$0.14319782019-12-31
    $0.15$0.11156462019-09-30
    $0.09$0.09230392019-06-30
    $0.11$0.09451582019-03-31
    $0.06$0.052522018-12-31
    $0.08$0.05764072018-09-30
    $0.07$0.1126152018-06-30
    $0.15$0.1347342018-03-31
    $0.22$0.20758532017-12-31
    $0.16$0.16736712017-09-30
    $0.22$0.17843672017-06-30
    $0.14$0.2035152017-03-31
    $0.22$0.19623292016-12-31
    $0.24$0.205444100000000022016-09-30
    $0.14$0.14294532016-06-30
    $0.11$0.096515600000000012016-03-31
    $0.08$0.06630652015-12-31
    $0.11$0.06636712015-09-30
    $0.05$0.0600949999999999962015-06-30
    $0.05$0.09929312015-03-31
    $0.15$0.137107500000000022014-12-31
    $0.19$0.172285800000000022014-09-30
    $0.14$0.163549299999999982014-06-30
    $0.2$0.23369382014-03-31
    $0.37$0.4176352013-12-31
    $0.58$0.51156499999999992013-09-30
    $0.66$0.56560000000000012013-06-30
    $0.92$0.86220672013-03-31
    $1.11$1.04794572012-12-31
    $0.85$1.0080812012-09-30
    $0.78$0.94031000000000012012-06-30
    $1.09$1.14415832012-03-31
    $1.39$1.30477860000000012011-09-30
    $1.12$1.11706000000000022011-06-30
    $1.01$1.05042011-03-31
    $0.83$0.79958672010-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).