Barrick Gold (TSE:ABX) Stock Rating Maintained by BMO Capital Markets; The $18.00 Target Indicates -11.24% Potential, Cca Industries (NYSEMKT:CAW) SI Increased By 10.71%

July 6, 2017 - By Richard Conner

Toronto: In an analyst note revealed to investors on Thursday, 6 July, BMO Capital Markets maintained their Market Perform rating on shares of Barrick Gold Corp (TSE:ABX). They currently have a $18.00 target on the firm. BMO Capital Markets’s target would suggest a potential downside of -11.24% from the company’s last stock price.

Cca Industries Incorporated (NYSEMKT:CAW) had an increase of 10.71% in short interest. CAW’s SI was 6,200 shares in July as released by FINRA. Its up 10.71% from 5,600 shares previously. With 2,200 avg volume, 3 days are for Cca Industries Incorporated (NYSEMKT:CAW)’s short sellers to cover CAW’s short positions. The SI to Cca Industries Incorporated’s float is 0.12%. About 3,030 shares traded. CCA Industries, Inc. (NYSEMKT:CAW) has declined 3.16% since July 6, 2016 and is downtrending. It has underperformed by 19.86% the S&P500.

About 2.10M shares traded. Barrick Gold Corp (TSE:ABX) has 0.00% since July 6, 2016 and is . It has underperformed by 16.70% the S&P500.

Analysts await Barrick Gold Corp (TSE:ABX) to report earnings on July, 26. They expect $0.24 earnings per share, up 71.43% or $0.10 from last year’s $0.14 per share. ABX’s profit will be $288.92 million for 21.16 P/E if the $0.24 EPS becomes a reality. After $0.14 actual earnings per share reported by Barrick Gold Corp for the previous quarter, Wall Street now forecasts 71.43% EPS growth.

Barrick Gold Corporation is a gold mining company. The company has market cap of $24.45 billion. The Firm is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development. It has a 12.89 P/E ratio. The Company’s divisions include Goldstrike, Cortez, Pueblo Viejo, Lagunas Norte, Veladero, Turquoise Ridge, Acacia Mining plc (Acacia), Pascua-Lama and Other Mines.