What is the Market's View on Barrick Gold Corp (GOLD) Stock's Price and Volume Trends Friday?

The market has been high on Barrick Gold Corp (GOLD) stock recently. GOLD gets a Bullish score 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!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With GOLD Stock Today?

Barrick Gold Corp (GOLD) stock is trading at $17.59 as of 11:12 AM on Friday, Jul 14, a loss of -$0.01, or -0.06% from the previous closing price of $17.60. Volume today is below average. So far 2,813,446 shares have traded compared to average volume of 14,662,122 shares. The stock has traded between $17.46 and $17.70 so far today.

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. Click Here to get the full Stock Report for Barrick Gold Corp stock.