Brokerages Expect African Barrick Gold Ltd (ABGLF) Will Post Earnings of $0.07 Per Share

Brokerages expect that African Barrick Gold Ltd (NASDAQ:ABGLF) will announce earnings per share (EPS) of $0.07 for the current quarter, according to Zacks. Zero analysts have made estimates for African Barrick Gold’s earnings. The firm is scheduled to issue its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that African Barrick Gold will report full year earnings of $0.25 per share for the current financial year, with EPS estimates ranging from $0.24 to $0.27. For the next year, analysts expect that the company will report earnings of $0.42 per share. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover African Barrick Gold.

Separately, Zacks Investment Research upgraded shares of African Barrick Gold from a “sell” rating to a “hold” rating in a research report on Wednesday, April 5th.

Shares of African Barrick Gold (NASDAQ:ABGLF) remained flat at $3.75 during trading on Friday. The firm’s 50 day moving average price is $4.33 and its 200 day moving average price is $5.13. The firm has a market capitalization of $1.55 billion and a P/E ratio of 8.87. African Barrick Gold has a 12-month low of $3.70 and a 12-month high of $7.47.

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