Barrick Gold Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Barrick Gold (NYSE:GOLD) has seen unusual options activity, with 69% of investors opening trades with bullish expectations. Whales have been targeting a price range from $10.0 to $15.0 for Barrick Gold over the last 3 months. The price of GOLD is up 1.6% at $14.6. BMO Capital, Jefferies, and UBS have maintained their Outperform, Hold, and Buy ratings on Barrick Gold respectively.
October 06, 2023 | 8:46 pm
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Barrick Gold has seen unusual options activity, with a majority of investors showing bullish expectations. The stock price is up 1.6%.
The unusual options activity, majority of which is bullish, along with the maintained positive ratings from BMO Capital, Jefferies, and UBS, could lead to a short-term increase in Barrick Gold's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100