Back to top

Image: Bigstock

Barrick Gold (ABX) Catches Eye: Stock Adds 6.1% in Session

Read MoreHide Full Article

Barrick Gold Corporation was a big mover last session, as its shares rose over 6% on the day. The move came after the company reported an earnings beat in fourth-quarter 2016. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up almost 19% in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Barrick Gold currently holds a Zacks Rank #3 (Hold).

A better-ranked stock in the Mining - Gold space is Harmony Gold Mining Company Limited (HMY - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
    
Is ABX going up? Or down? Predict to see what others think:Up or Down

Just Released – Driverless Cars: Your Roadmap to Mega-Profits Today

In this latest Special Report, Zacks’ Aggressive Growth Strategist Brian Bolan explores a full-blown technological breakthrough in the making – autonomous cars. He also spotlights 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Harmony Gold Mining Company Limited (HMY) - free report >>

Published in