Since the last winning report for Barrick Gold, a month has passed (GOLD – Free report). Shares have added approximately 1.6% in that time frame, better than the S&P 500.
Will the recent positive trend continue to lead to the next winning lease, or is Barrick Gold due to a withdrawal? Before we dive into how investors and analysts have responded lately, we let the most recent winning report look quickly to get a better grasp on the important catalysts.
How have estimates moved since then?
It turns out that the estimates went down the revision last month.
The consensus estimate has shifted -20.64% by these changes.
VGM scores
Barrick Gold currently has a nice growing score from B, a number with the same score at the Momentumfront. After exactly the same course, the shares were assigned a figure from B to the Value Side, so that it was placed in the second quintile for this investment strategy.
In general, the shares have a total VGM score from B. If you are not aimed at one strategy, this score is the one in which you should be interested.
Prospect
The estimates have brought down in general before the stock went down and the size of these revisions indicates a downward shift. It is no surprise Barrick Gold has a Zacks Rank #5 (Strong Sell). We expect an under average return of the share in the coming months.