Barrick Gold Co. (TSE:ABX – Free Report) (NYSE:ABX) – Stock analysts at Stifel Canada issued their FY2025 earnings estimates for shares of Barrick Gold in a research report issued to clients and investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti expects that the basic materials company will post earnings per share of $1.96 for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Barrick Gold’s current full-year earnings is $2.24 per share. Stifel Canada also issued estimates for Barrick Gold’s FY2026 earnings at $2.07 EPS and FY2027 earnings at $1.77 EPS.
Several other equities analysts have also recently issued reports on the stock. Canaccord Genuity Group lowered their price objective on shares of Barrick Gold from C$33.50 to C$30.00 in a research note on Wednesday, January 15th. Royal Bank of Canada raised their target price on shares of Barrick Gold to C$19.00 and gave the stock a “buy” rating in a report on Wednesday, February 12th. UBS Group upgraded shares of Barrick Gold from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 5th. National Bankshares raised their target price on shares of Barrick Gold from C$27.00 to C$33.00 and gave the stock a “sector perform” rating in a report on Wednesday. Finally, Cibc World Mkts cut shares of Barrick Gold from a “strong-buy” rating to a “hold” rating in a report on Monday, November 25th. Three investment analysts have rated the stock with a hold rating, six have given a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, Barrick Gold presently has a consensus rating of “Buy” and a consensus target price of C$31.55.
Barrick Gold Stock Down 0.8 %
ABX stock opened at C$27.59 on Friday. The company has a quick ratio of 2.62, a current ratio of 2.65 and a debt-to-equity ratio of 19.83. Barrick Gold has a fifty-two week low of C$21.08 and a fifty-two week high of C$29.50. The firm’s 50-day simple moving average is C$25.02 and its 200 day simple moving average is C$25.40. The stock has a market cap of C$33.53 billion, a PE ratio of 20.77, a price-to-earnings-growth ratio of 2.34 and a beta of 0.48.
Insider Activity
In other Barrick Gold news, Senior Officer Poupak Bahamin sold 17,633 shares of Barrick Gold stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of C$25.96, for a total transaction of C$457,781.77. Also, Director Dennis Mark Bristow purchased 230,872 shares of the firm’s stock in a transaction on Tuesday, February 25th. The shares were acquired at an average price of C$25.71 per share, for a total transaction of C$5,936,042.34. Insiders own 0.60% of the company’s stock.
Barrick Gold Company Profile
Barrick Gold Corp is one of the world’s largest gold producers, operating mines in North America, South America, Australia, and Africa. The company segments consist of nine gold mines namely Carlin, Cortez, Turquoise Ridge, Pueblo Viejo, Loulo-Gounkoto, Kibali, Veladero, North Mara, and Bulyanhulu. It generates maximum revenue from the Carlin mine segment.
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