Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NEW YORK ( TheStreet) -- Barrick Gold Corporation (NYSE: ABX) hit a new 52-week low Wednesday as it is currently trading at $30.89, below its previous 52-week low of $30.90 with 2.5 million shares traded as of 10:27 a.m. ET. Average volume has been 7.9 million shares over the past 30 days. Barrick has a market cap of $31.65 billion and is part of the basic materials sector and metals & mining industry. Shares are down 9.7% year to date as of the close of trading on Tuesday. Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 27 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa.
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