Barrick Gold Corporation NYSE:ABX along with its wholly-owned subsidiary, Barrick Canada Inc, announced today that an additional 24,515,589 common shares of Equinox Minerals Limited TSX, ASX:EQN representing approximately 3% of the outstanding Equinox Shares on a fully diluted basis have been taken up under the offer by the Offeror to acquire all of the Equinox Shares at a price of C$8.15 per Equinox Share. The Offeror has now acquired about 753,210,694 Equinox Shares pursuant to the Offer. Along with its affiliates Barrick now collectively own 771,408,747 Equinox Shares, representing approximately 88% of the outstanding Equinox Shares on a fully diluted basis. ABX is basically a Gold industry company and holds a portfolio of about 16,000 employees. Company’s stock price is moving negatively as for the most recent quarter Barrick Gold Corporation’s share price decline is -14.20% with its relative strength index of 31. However on semiannual basis its last six consecutive months’ reduction recorded -16.30% with relative strength index of 39. The sales of company increased by 36.00% for the last five consistent years and resulted $11.44 billion for last consecutive twelve months. The company’s growth of its sales in recent quarter vs. year ago quarter recorded 19.70% which is below the Industry benchmark of 88.20% and above from Standard and Poor’s benchmark of 12.10%. The stock price of company on June 08, 2011 decreased 2.23% and settled to the closing price of $44.32. The overall volume in the last trading session was 9.72 million shares. Its fifty two week range was $39.67-$55.74. The total market capitalization remained $44.29 billion. ABX current stock price is moving above its 52 week low by 12.82% and moving below from 52 week high price by 20.29%. ABX last month stock price volatility remained 2.50%. In its share capital ABX has 999.43 million outstanding shares while company’s float is 997.53 million shares. Ownership of company is 72.61% institutional while Company’s beta coefficient is 0.41. Barrick Gold Corporation is engaged in the production and sale of gold, as well as related activities, such as exploration and mine development. It also produces copper, and hold interests in oil and gas properties located in Canada through its oil and gas subsidiary, Barrick Energy. Its producing mines are concentrated in three regional business units: North America, South America and Australia Pacific. In addition, it has a Capital Projects segment, distinct from its regional business units, to focus on managing projects.

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