Overall market sentiment has been high on Barrick Gold Corp (GOLD) stock lately. GOLD receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Barrick Gold Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on GOLD!
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With GOLD Stock Today?
Barrick Gold Corp (GOLD) stock is trading at $20.58 as of 11:08 AM on Friday, May 20, a loss of -$0.15, or -0.75% from the previous closing price of $20.73. The stock has traded between $20.46 and $20.79 so far today. Volume today is below average. So far 3,612,423 shares have traded compared to average volume of 19,490,418 shares.
To screen for more stocks like Barrick Gold Corp click here.
More About Barrick Gold Corp
Barrick Gold Corp is one of the world's largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment. Geographically, it derives a majority of revenue from the United States.
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