Meanwhile, UBS downgraded its Barrick Gold Corp [GOLD] rating to a Neutral from a a Buy in a research note published on October 30, 2024; the price target was decreased to $22 from $23. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late August from “a Hold” to “a Buy”. Argus revised its rating on February 26, 2024. It rated GOLD as “a Hold” which previously was an “a Buy”.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Price Performance Review of GOLD
On Tuesday, Barrick Gold Corp [NYSE:GOLD] saw its stock fall -0.11% to $18.88. Over the last five days, the stock has lost -6.90%. Barrick Gold Corp shares have risen nearly 4.37% since the year began. Nevertheless, the stocks have risen 14.56% over the past one year. While a 52-week high of $21.35 was reached on 10/21/24, a 52-week low of $13.76 was recorded on 02/14/24. SMA at 50 days reached $20.06, while 200 days put it at $17.64.
Levels Of Support And Resistance For GOLD Stock
The 24-hour chart illustrates a support level at 18.73, which if violated will result in even more drops to 18.59. On the upside, there is a resistance level at 19.06. A further resistance level may holdings at 19.24. The Relative Strength Index (RSI) on the 14-day chart is 37.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.55%. Stochastics %K at 2.81% indicates the stock is a buying.
How much short interest is there in Barrick Gold Corp?
A steep rise in short interest was recorded in Barrick Gold Corp stocks on 2024-10-15, dropping by -4.81 million shares to a total of 11.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 15.85 million shares. There was a decline of -43.61%, which implies that there is a negative sentiment for the stock.
