Barrick Gold Corporation (ABX): Today's Featured Metals & Mining Winner

Barrick Gold Corporation (ABX) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day up 1.9%. By the end of trading, Barrick Gold Corporation rose 61 cents (1.9%) to $33.36 on light volume. Throughout the day, 5.6 million shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 9.8 million shares. The stock ranged in a price between $32.85-$33.84 after having opened the day at $33.05 as compared to the previous trading day's close of $32.75. Other companies within the Metals & Mining industry that increased today were: Minco Gold Corporation (MGH), up 13.5%, China Natural Resources (CHNR), up 11.5%, Augusta Resource Corporation (AZC), up 11.3%, and Exeter Resource Corporation (XRA), up 10.6%.

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Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 26 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa. Barrick Gold Corporation has a market cap of $32.16 billion and is part of the basic materials sector. The company has a P/E ratio of 7.8, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 29% year to date as of the close of trading on Friday. Currently there are 14 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and five rate it a hold.

TheStreet Ratings rates Barrick Gold Corporation as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself.

• You can view the full Barrick Ratings Report.

On the negative front, Oxford Resource Partners (OXF), down 12.7%, Avino Silver & Gold Mines (ASM), down 8.5%, China Precision Steel (CPSL), down 7.1%, and China Shen Zhou Mining & Resources (SHZ), down 5.8%, were all laggards within the metals & mining industry with Alpha Natural Resources (ANR) being today's metals & mining industry laggard.

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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider SPDR S&P Metals & Mining ETF (XME) while those bearish on the metals & mining industry could consider PowerShares DB Base Metals Sht ETN (BOS).

• Find other investment ideas from our top rated ETFs lists.

For more information on Barrick Gold Corporation click any of the following:

• Barrick Gold Corporation Stock Price

• Barrick Gold Corporation Analyst Ratings

• Barrick Gold Corporation Key Stats & Profile

• Barrick Gold Corporation Earnings

• Barrick Gold Corporation Ratio Comparison

• Barrick Gold Corporation Growth Rates

• Barrick Gold Corporation Balance Sheet

• Barrick Gold Corporation Cash Flow

• Barrick Gold Corporation Income Statement