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Trade-Ideas LLC identified Barrick Gold (ABX) as a potential "barbarian at the gate" candidate. In addition to specific proprietary factors, Trade-Ideas identified Barrick Gold as such a stock due to the following factors:
- ABX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $236.4 million.
- ABX has traded 6.2 million shares today.
Stocks matching the 'Barbarian at the Gate' criteria are worthwhile stocks to watch for a variety of factors including historical back testing and volatility.
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More details on ABX:
Barrick Gold Corporation produces and sells gold and copper. It is also involved in exploration and mine development activities. The stock currently has a dividend yield of 1%. Currently there are 2 analysts that rate Barrick Gold a buy, 1 analyst rates it a sell, and 15 rate it a hold.
The average volume for Barrick Gold has been 12.7 million shares per day over the past 30 days. Barrick has a market cap of $20.8 billion and is part of the basic materials sector and metals & mining industry. Shares are down 1.7% year-to-date as of the close of trading on Monday.