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Stocks within Investors Radar: Novavax, Inc. (NVAX), Barrick Gold Corporation (ABX)

17 May 2018

Barrick Gold Corporation (ABX) shares declined -2.3% and ended the day at $13.17. The number of shares now owned by investors are 1.17 bln. Point View Wealth Management Inc.'s holdings in Barrick Gold were worth $982,000 at the end of the most recent reporting period. As a result of the Placement, Barrick owns 19.9% of the issued and outstanding shares in Midas Gold on closing. Shine Investment Advisory Services Inc. now owns 9,648 shares of the basic materials company's stock valued at $140,000 after purchasing an additional 4,820 shares during the last quarter. It would take about 1.04 days to cover all short positions. Bank of New York Mellon Corp now owns 7,560,535 shares of the basic materials company's stock worth $109,401,000 after purchasing an additional 400,097 shares during the last quarter. HRT Financial LLC purchased a new position in Barrick Gold during the 4th quarter worth $146,000. Marathon Asset Management LLP now owns 5,284,768 shares of the basic materials company's stock worth $76,475,000 after acquiring an additional 2,603,724 shares during the last quarter.

Several equities research analysts have commented on ABX shares. Finally, ValuEngine cut shares of Barrick Gold from a "hold" rating to a "sell" rating in a research report on Wednesday, May 2nd. Zacks Investment Research raised shares of Barrick Gold from a "sell" rating to a "hold" rating in a research note on Thursday, February 22nd. Canaccord Genuity increased their price target on Barrick Gold from C$24.50 to C$27.00 in a report on Friday, January 19th. Raymond James reduced their target price on Barrick Gold from $19.00 to $17.00 and set a market perform rating on the stock in a research note on Monday, February 26th. Desjardins lowered their price target on Barrick Gold from C$19.50 to C$19.00 in a report on Wednesday, February 21st. Strong Sell. Investors might also notice that two months ago the Buy recommendations (1) outnumbered Sell recommendations (0). Nine research analysts have rated the stock with a hold rating, The company now has an average rating of "Hold" and a consensus price target of C$21.00. The volume of the company in the last trading session was 8.32 Million.

Barrick Gold Corporation (NYSE:ABX) was down -2.3% (-$0.31) to $13.17 and showed a volume of 8.32 mln shares.

The company's ATR (Average True Range) is 0.29. The company has market cap of $45.19 billion.

Barrick Gold traded down $0.31, reaching $13.17, during trading hours on Tuesday, MarketBeat reports. A month ago, they told us to expect earnings of US$0.21 per share while three months ago their EPS consensus estimate was US$0.2. The company had revenue of C$2.26 billion during the quarter, compared to analyst estimates of C$2.25 billion. Barrick Gold had a negative return on equity of 27.89% and a negative net margin of 36.36%. Barrick Gold's revenue was down 10.2% on a year-over-year basis.

Barrick Gold (TSE:ABX) (NYSE:ABX) last posted its quarterly earnings data on Monday, April 23rd.

More notable recent Ford Motor Company (NYSE:F) news were published by: 247Wallst.com which released: "Ford Pickup Truck Production Could Resume Next Friday" on May 12, 2018, also 247Wallst.com with their article: "Can the F-150 Pickup Carry Ford?" Investors of record on Thursday, May 31st will be paid a dividend of $0.03 per share. The ex-dividend date is Wednesday, May 30th. This represents a $0.12 annualized dividend and a dividend yield of 0.91%. Barrick Gold's dividend payout ratio (DPR) is now 16.00%.

Midas Gold Corp., through its wholly owned subsidiaries, is focused on the exploration and, if warranted, site restoration and development of gold-antimony-silver deposits in the Stibnite-Yellow Pine district of central Idaho that are encompassed by its Stibnite Gold Project. Commencing in 2009, Midas Gold defined a world-class deposit of gold and antimony in an area in need of serious environmental fix. Barrick has mining operations in Argentina, Australia, Canada, Chile, Dominican Republic, Papua New Guinea, Peru, Saudi Arabia, the United States, and Zambia.