Barrick Gold (NYSE:ABX) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research note issued on Wednesday, Stock Ratings Network reports. They currently have a $18.00 price objective on the stock. Zacks‘s target price indicates a potential downside of 10.98% from the company’s current price. Barrick Gold Corporation (USA) (NYSE:ABX) shares after opening at $19.90 moved to $20.01 on last trade day and at the end of the day closed at $19.39. Company price to sales ratio in past twelve months was calculated as 1.68 and price to cash ratio as 8.75. Barrick Gold Corporation (USA) (NYSE:ABX) showed a negative weekly performance of -4.67%.
Deutsche Lufthansa AG (LHA)’s pay skirmish with its pilots, already among the best paid in Europe, stands in contrast to rival IAG SA (IAG)’s success in slashing wages and reaping investors’ reward in the process. IAMGOLD Corp (USA) (NYSE:IAG) shares fell -2.86% in last trading session and ended the day on $3.74. IAG return on equity ratio is recorded as 2.50% and its return on assets is 1.80%. IAMGOLD Corp (USA) (NYSE:IAG) yearly performance is -42.81%.
Newmont Mining Corporation (NYSE:NEM), is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Indonesia, Ghana, New Zealand and Mexico. As of December 31, 2012, Newmont had attributable and probable gold reserves of 99.2 million ounces and an aggregate land position of approximately 29,000 square miles (75,000 square kilometres). Newmont Mining Corp (NYSE:NEM) shares moved down -3.05% in last trading session and was closed at $24.50, while trading in range of $24.44 – $25.34. Newmont Mining Corp (NYSE:NEM) year to date (YTD) performance is 7.03%.
Zacks reiterated their “neutral” rating on Kinross Gold Corporation (USA) (NYSE:KGC) in the research note that was issued to investors. Currently, they have a price target of $5.50 on the stock. Kinross Gold Corporation (USA) (NYSE:KGC) weekly performance is -3.03%. On last trading day company shares ended up $4.80. Kinross Gold Corporation (USA) (NYSE:KGC) distance from 50-day simple moving average (SMA50) is -1.38%. Analysts mean target price for the company is $5.71.
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