|Day's Range||19.25 - 20.31|
|52 Week Range||18.52 - 27.19|
|PE Ratio (TTM)||15.94|
|Earnings Date||Jul 26, 2017|
|Dividend & Yield||0.12 (0.74%)|
|1y Target Est||21.56|
Copper prices touched a five-month high Tuesday amid signs of stronger Chinese demand and lingering supply-side concerns.
Barrick Gold Corp (USA) (NYSE:ABX) shares were falling almost 5% yesterday with news of a Tanzanian cyclone heading towards London-listed gold-mining company Acacia (ACA), revealing a $190 billion tax bill has the danger to nip at ACA's valuation. Credit Suisse analyst Anita Soni sees negative headwinds lashing ahead for Barrick, particularly considering ABX holds 63.9% of ACA. In fact, Acacia comprises of 10% of Barrick's gold production outlook for 2017 as well as 6% of the analyst's Net Asset Value (NAV) expectations.
Canada's main stock index fell on Monday, as gold miners broadly weighed and Barrick Gold Corp lost nearly 5 percent after a company it majority owns, Acacia Mining, was hit with a bill for $190 billion ...