Barrick Gold (NYSE:GOLD) Trading Down 0.2% - What's Next?

Market Beat
2025.05.05 08:35
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Barrick Gold Corp (NYSE:GOLD) saw its stock price decline by 0.2% to $18.34 during mid-day trading, with a significant drop in trading volume. Analysts have mixed views, with Scotiabank raising its price target to $22.00, while Citigroup lowered it to $17.00. The company reported earnings of $0.46 per share, meeting expectations, and announced a quarterly dividend of $0.10 per share. Barrick Gold also authorized a $1 billion stock repurchase program, indicating confidence in its stock valuation.