News Bell: Barrick Gold Corporation (ABX), AbbVie Inc (ABBV), Comcast

Shares of Yamana Gold (AUY – Get Report) are lower by 5.14% to $2.31 in midday trading on Monday afternoon, as the decline in the price of gold drags some mining and metals stock into the red today. Yamana Gold has a consensus rating of Buy and an average price target of $4.68. With the volume soaring to 5,589,040 shares, the last trade was called at $3.97.

Finally, Canaccord Genuity upgraded Barrick Gold Corp. from a “sell” rating to a “hold” rating and lowered their price target for the stock from C$12.50 to C$10.50 in a report on Friday, July 31st. Vetr’s target price would indicate a potential upside of 4.53% from the stock’s current price. The stock has a 50 day moving average price of $1.86 and a 200-day moving average price of $2.81.

In response to media inquiries, Kinross Gold Corporation (NYSE:KGC) wishes to address the circumstances surrounding an ongoing regulatory review in relation to its West Africa mining operations. Barrick Gold has a 12-month low of $5.91 and a 12-month high of $13.87.

A number of other analysts have also recently commented on KGC. The company’s market cap is $11.76 billion.

Barrick Gold (NYSE:ABX) last posted its quarterly earnings results on Wednesday, August 5th.

Kinross Gold Corporation (NYSE:KGC) closed at $2.27 yesterday. The company reported $0.05 EPS for the quarter, hitting the consensus estimate of $0.05. Additionally at that time, the Company will announce its fourth quarter 2015 dividend. This represents a $0.06 dividend on an annualized basis and a dividend yield of 2.47%. This is equivalent to an annual dividend of $1.32 per share, up from $1.22 per share in 2014.

The ex-dividend date of this dividend was Monday, September 28th. Our stocks momentum model is shown on the price chart below. HSBC restated a “buy” rating and set a $2.20 price target (down previously from $3.40) on shares of Yamana Gold in a research note on Tuesday, September 8th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. PDL BioPharma, Inc. (PDLI) has a weekly performance of – 9.860% and EPS growth this year of 12.00%.

Gold Fields Limited (ADR) (NYSE:GFI) as part of its strategy to acquire ownership interests in licensed financial products distribution businesses, has made a planned investment in Privest Wealth Administration Inc (Privest), a Calgary based Exempt Market Dealer, through its wholly owned partner, Gravitas Financial Services Holdings Inc. The Business’s production mines contain Chapada, Brazil; Chile, El Penon; Canada, Canadian Malartic; Mexico, Mercedes; Gualcamayo, Argentina; Jacobina, Brazil; Minera Florida, Chile, and Other Producing Mines.