Barrick Gold (GOLD) closed the most recent trading day at $20.86, moving -1.28% from the previous trading session. This move was narrower than the S&P 500’s daily loss of 1.48%. Meanwhile, the Dow lost 0.46%, and the Nasdaq, a tech-heavy index, lost 3.02%.
Heading into today, shares of the gold and copper mining company had gained 1.44% over the past month, lagging the Basic Materials sector’s gain of 3.94% and outpacing the S&P 500’s gain of 1.23% in that time.
Wall Street will be looking for positivity from GOLD as it approaches its next earnings report date. The company is expected to report EPS of $0.30, up 87.5% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $3.15 billion, up 15.89% from the prior-year quarter.