Barrick Gold Corporation (ABX) Buy or Sell Stock Guide

Last updated: Jun 02, '18

The analysis below may be helpful to you if you have any of the following questions about ABX stock:

  • Is ABX a buy or a sell?
  • Should I sell or hold ABX stock today?
  • Is ABX a good buy / a good investment?
  • What are ABX analyst opinions, recommendations, ratings?

Here are ABX stock buy reasons/signals:

1. ABX profitability is improving. The YoY profit margin change was 8.04pp.

2. ABX forward dividend yield is 0.88%, higher than the industry (0.19%) and sector (0.37%) forward dividend yields.

3. ABX forward P/E ratio is 17.92, and it’s low compared to its industry peers’ P/E ratios.

4. ABX average analyst price target ($15.68) is above its current price ($13.08).

Here are ABX stock sell reasons/signals:

1. ABX quarterly revenue growth was -3.90%, lower than the industry and sector average revenue growth (1.99% and 5.09%, respectively).

What are your thoughts on ABX?

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