Basic Materials Stocks Watch List: Barrick Gold (NYSE:ABX), AK Steel Holding (NYSE:AKS), Yamana Gold (NYSE:AUY)

Basic Materials Stocks Watch List: Barrick Gold (NYSE:ABX), AK Steel Holding (NYSE:AKS), Yamana Gold (NYSE:AUY)

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On Wednesday, Barrick Gold Corporation (USA) (NYSE:ABX)’s shares declined -3.57% to $7.56.

(ABX) has 72.10% institutional ownership while its EPS ratio was -2.63. The company has 1.16 billion shares outstanding while market capitalization of the company was $9.09 billion. Price to book ratio was 0.87. Net profit margin of the company was -27.70% while gross profit margin was 30.70%. Stock volatility for the month was booked as 5.51% while for the week was recorded as 5.18%.

The mean estimate for the short term price target for Barrick Gold Corporation (USA) (ABX) stands at $9.15 according to 21 Analysts. The higher price target estimate for the stock has been calculated at $13.00 while the lower price target estimate is at $7.00.

Analysts mean recommendation for the stock is 2.70. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Barrick Gold Corporation (Barrick) is a gold mining company. The Company is engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development.

AK Steel Holding Corporation (NYSE:AKS)’s shares dropped -4.44% to $2.80.

(AKS) has the market capitalization of $521.10 million. The EPS was $-2.07. Institutional ownership of the company was 63.60% while 177.85 million shares were outstanding. Net profit margin of the Company was -5.20% while its gross profit margin was 7.70%. Share of the company moved above its SMA 50 with 2.47%. ROE ratio was 64.70% while ROI was 6.70%.

The mean estimate for the short term price target for AK Steel Holding Corporation (AKS) stands at $3.02 according to 14 Analysts. The higher price target estimate for the stock has been calculated at $5.00 while the lower price target estimate is at $1.00.

Analysts mean recommendation for the stock is -3.10. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

AK Steel Holding Corporation (AK Holding) is an integrated producer of flat-rolled carbon, stainless and electrical steels and tubular products through its wholly-owned subsidiary, AK Steel Corporation (AK Steel and, together with AK Holding, the Company).

At the end of Wednesday’s trade, Yamana Gold Inc. (USA) (NYSE:AUY)‘s shares dipped -2.36% to $2.07.

(AUY) Its past 5-day performance at -16.19%. So far in 2015, the company has a year-to-date performance of -48.51%. The stock, as of last close, traded 47.03% up from its 52 week low and was -56.48% below its 52 week high. Its latest closing price was -31.51% below the SMA200 while the distance from SMA 50 and SMA 20 was 4.58% and -12.90% respectively.

The mean estimate for the short term price target for Yamana Gold Inc. (USA) (AUY) stands at $3.33 according to 18 Analysts. The higher price target estimate for the stock has been calculated at $5.35 while the lower price target estimate is at $2.10.

Analysts mean recommendation for the stock is 2.60. This number is based on a 1 to 5 scale where 1 indicates a Strong Buy recommendation while 5 represents a Strong Sell.

Yamana Gold Inc. is a Canada-based gold producer. The Company is engaged in gold mining and related activities, including exploration, extraction, processing and reclamation.

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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

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