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 1.7%. By the end of trading, Barrick Gold Corporation rose $0.96 (6.4%) to $16.02 on average volume. Throughout the day, 20,662,879 shares of Barrick Gold Corporation exchanged hands as compared to its average daily volume of 21,857,200 shares. The stock ranged in a price between $15.17-$16.09 after having opened the day at $15.19 as compared to the previous trading day's close of $15.06. Other companies within the Metals & Mining industry that increased today were: Atlatsa Resources ( ATL), up 14.4%, Crosshair Energy ( CXZ), up 11.2%, Pretium Resources ( PVG), up 10.5% and Minco Gold Corporation ( MGH), up 10.0%.

Barrick Gold Corporation engages in the production and sale of gold and copper. It is also involved in exploration and mine development activities. Barrick Gold Corporation has a market cap of $15.0 billion and is part of the basic materials sector. Shares are down 57.3% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Barrick Gold Corporation a buy, no analysts rate it a sell, and 17 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 expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, disappointing return on equity and weak operating cash flow.

On the negative front, Sibanye Gold Ltd ADR ( SBGL), down 39.5%, Prospect Global Resources ( PGRX), down 8.3%, Tasman Metals ( TAS), down 4.5% and Solitario Exploration & Royalty ( XPL), down 4.3% , were all laggards within the metals & mining industry with United States Steel Corporation ( X) being today's metals & mining industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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