With 25.83 million shares changed hands, the volume of the stock remained heavier than its average volume of 20.79 million shares. During the session, the Gold company that operates in wider Basic Materials sector, reached to the highest price of $16.86 whereas the lowest price it dropped to was $16.34. The 52-week range on GOLD shows that it touched its highest point at $21.35 and its lowest point at $13.76 during that stretch. It currently has a 1-year price target of $21.17. With its current market cap of 28.62 billion, GOLD has annualized dividend of $0.40 while the current yield stands at 2.44%. GOLD paid its most recent dividend on 1724976000, while the ex-dividend date for that was 1732838400. Beta for the stock currently stands at 0.54.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GOLD was up-trending over the past week, with a rise of 1.49%, but this was up by 5.89% over a month. Three-month performance dropped to -19.28% while six-month performance fell -11.56%. The stock gained 4.40% in the past year, while it has gained 5.61% so far this year. A look at the trailing 12-month EPS for GOLD yields 0.93 with Next year EPS estimates of 1.65. For the next quarter, that number is 0.43. This implies an EPS growth rate of 47.69% for this year and 33.34% for next year.
Float and Shares Shorts:
At present, 1.75 billion GOLD shares are outstanding with a float of 1.74 billion shares on hand for trading. On 2025-01-15, short shares totaled 19.57 million, which was 111.99999999999999 higher than short shares on 1734048000. In addition to Dr. Dennis Mark Bristow as the firm’s President, CEO, Member of International Advisory Board & Director, Mr. Graham Patrick Shuttleworth serves as its Senior EVP & CFO.
Institutional Ownership:
Through their ownership of 0.61844003 of GOLD’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, GOLD reported revenue of $3368000000.0 and operating income of $1108000000.0. The EBITDA in the recently reported quarter was $1668000000.0 and diluted EPS was $0.28.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GOLD since 8 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GOLD analysts setting a high price target of 27.0 and a low target of 17.0, the average target price over the next 12 months is 21.72286. Based on these targets, GOLD could surge 64.94% to reach the target high and rise by 3.85% to reach the target low. Reaching the average price target will result in a growth of 32.7% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.31111 being high and $1.13367 being low. For GOLD, this leads to a yearly average estimate of $1.23225. Based on analyst estimates, the high estimate for the next quarter is $0.44 and the low estimate is $0.29. The average estimate for the next quarter is thus $0.35.
#####
#####
#####
#####
