Barrick Gold (GOLD) Stock Sinks As Market Gains: Here's Why

Analysts and investors alike will be keeping a close eye on the performance of Barrick Gold in its upcoming earnings disclosure. On that day, Barrick Gold is projected to report earnings of $0.27 per share, which would represent year-over-year growth of 42.11%. Meanwhile, our latest consensus estimate is calling for revenue of $3.02 billion, up 6.45% from the prior-year quarter. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. W ...