Barrick Gold Corporation (NYSE:ABX) has been downgraded from Outperform to Neutral. The company has an average analyst recommendation score of 2.1 where the scale runs from 1.0 at Strong Buy to 5.0 means Strong Sell. Its competitors include Gold Fields Ltd at a score of 3.3 and Goldcorp, Inc. at 2.5.
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Barrick Gold Corporation produces and sells gold in addition to related activities like exploration and mine development. It’s four regional business units include North America, South America, Australia Pacific and Africa. The company acquired 40% interest in the Cortez property in March 5, 2008, and acquired Cadence Energy, Inc. during the year ended December 31, 2008.
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